JUMBO S.A. (the “Company”) announces that at the Extraordinary General Meeting of the Shareholders of the Company which was held on Thursday, September 26, 2024 at 16.00, at the Company's registered offices (located 9, Kyprou and Hydras street, in Moschato, Attica), attended in conformity with the Law 917 shareholders, representing 109.624.441 common registered shares of the total 136,059,759 common registered shares, equal to a percentage of 80,57%  of the Company's fully paid-up share capital, decided on the only item on the agenda ("Establishment of a Share Buyback Program in accordance with article 49 of law 4548/2018 and authorization to the Board of Directors for its implementation"), by a majority with 108.458.973 valid votes, corresponding to 98,94% of the represented shares and to a percentage of  79,71% of the paid-up share capital, the decision to start a program to acquire Company's own shares according to article 49 et seq. of Law 4548/2018 for the purpose of their cancelation, with the following terms:

a. The maximum number of shares to be acquired will not exceed 13.605.975, which represents the ten percent (10%) of the fully paid-up share capital of the Company,

b. Their minimum purchase price will be one (EUR 1) euro per share and their maximum purchase price will be EUR 27,20 per share,

c. The duration of the program will be twenty-four (24) months as from the General Meeting's decision and the granting to the Board of Directors of a special mandate, power of attorney and right to decide on the implementation of the program.