Athens, January 20^th 2022

Information regarding the PPP tender of EWSS

In the financial statements and the presentation of the financial results of 2020, that are posted on the company's website, it was mentioned that the framework of the agreement with the Greek State "includes the regulation of institutional issues, such as the capacity of EYDAP to participate in PPP tenders."

Also, in the financial statements of the first half of 2021, it was stated that ‘'with a contract between the Greek State represented by the Minister of Infrastructure and Transport, the "EYDAP Assets Company" and EYDAP S.A., it is assigned to EYDAP S.A. the maintenance and operation of the External Water Supply System (EWSS) of the major area of the Capital for three years. After the expiration of this contract, the maintenance and operation of EWSS will be assigned by the Ministry of Infrastructure and Transport to a contractor, who will be selected through a tender procedure in accordance with Law 3389/2005 (A '232), in which EYDAP intends to participate".

Based on documented studies by EYDAP and the opinion of an external legal advisor, the participation of EYDAP in the relevant tender is possible only if the founding law of the Company is amended. It is noted that the founding law of EYDAP was made long before the implementation of Public-Private Partnerships (PPPs) and therefore, does not provide the capacity for EYDAP to participate in them, outside of the Attica area where it operates.

The amendment of the founding law was not made until the deadline for submission of an expression of interest file on 20/1/2022, despite the relevant actions of the Company, and therefore EYDAP cannot participate in the first (A') phase of the relevant tender.

It is noted that EYDAP will continue to operate and maintain the External Water Supply System (EWSS) until the end of its relevant contract, as it has successfully done for the last 40 years, providing uninterruptedly affordable water of high quality in Attica, taking advantage of its accumulated know-how and experience.

EYDAP continues its scope seamlessly to achieve the goals of its dynamic development and strategic planning for the benefit of its shareholders, consumers and employees.