COMPLETION OF BUSINESS UNIT SPIN-OFF

The Societe Anonyme under the corporate name 'IΝFORM P. LYKOS S.A. PROCESSING & DEVELOPMENT OF PRINTED INFORMATION SYSTEMS' («Company') announces to the investors that the internal re-organization of the Group has been concluded with the spin-off of the production, processing, development and trading sector of printed information systems and its contribution to its new 100% subsidiary under the corporate name 'INFORM LYKOS (HELLAS) SINGLE MEMBER S.A.' in accordance with the provisions of Law 4601/2019, Law 4548/2018 and the article of Law 4172/2013.

Following the completion of the aforementioned spin-off and the consequent modification of its name and purpose, the Company's name is hereinafter referred to as 'INFORM P. LYKOS HOLDINGS S.A.'.

Athens, 27.12.2019

About INFORM

INFORM (LYK.ATH) was founded in 1897 and provides secure document and information management products and services. It employs 520 employees in Greece, Romania and Albania while leading the markets in Central and Eastern Europe in the Public and Private Sector.

INFORM is a member of AUSTRIACARD HOLDINGS, an Austrian Information Technology company that specializes in hardware embedded systems, employs 1300 people and has an international presence with three Brands AUSTRIACARD, INFORM and NAUTILUS in the fields of Digital security, Information Management and IoT.

For more Information, visit the website www.informlykos.com

COMPLETION OF BUSINESS UNIT SPIN-OFF

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Inform P. Lykos SA published this content on 27 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 December 2019 17:35:00 UTC