Ellinas Finance Public Company Limited announced that the Board of Directors on August 01, 2022 and decided the following: Issue of the first tranche of the Series C bond and disperse of 300 non-convertibles, non-secured 3-year bonds with total value of EUR 300,000 under the terms and conditions of the relevant Trust Deed (the ‘Bond'), dated June 30, 2022, aiming to increase the Company's capital. The Bond has the following characteristics: Issue amount of first tranche: EUR 300,000; Type of Bond: Non-convertible; Annual Interest rate: 4%; Duration: 3 years; Number of Bonds: 300; Nominal value: 1,000 per unit; Date of issue: August 01, 2022; Expiry date: July 31, 2025; Interest Payment: on an annual basis on July 31. The offer of the Bonds was addressed to a limited number of persons (less than 150) thought private placement at the absolute discretion of the Company's Board of Directors.

The total amount of the Series C Bond could reach up to 500,000 and it will be issued in tranches on a monthly basis up to December 30, 2022.