Trastor Real Estate Investment : Authorization for transactions with a related party under article 101 par. 2 of Law 4548/2018

Authorization for transactions with a related party under article 101 par. 2 of Law 4548/2018

The Board of Directors of the Company, under the trade name "TRASTOR Real Estate Investment Company" and the distinctive title "TRASTOR R.E.I.C." (hereinafter the "Company") announces the following:

The Board of Directors of the Company resolved and approved the following:

1. On 27.07.2023, the signing of an agreement for the provision of capital market advisor's services between the Company and the Company's majority shareholder, namely the banking institution with the trade name "PIRAEUS BANK Société Anonyme", which holds a 97.8% of the paid-up share capital of the Company (hereinafter the "Majority Shareholder") regarding the assumption by the Majority Shareholder of the role of the capital market advisor in the upcoming share capital increase planned by the Company in order for the latter to raise funds up to the amount of EUR Seventy-Five Million (€75,000,000.00) (hereinafter the "SCI"), for a consideration of EUR One Hundred Thirty Thousand (€130,000), in accordance with the specific terms incorporated in the draft of the agreement for the provision of capital market advisor's services submitted to the Board of Directors, and
2. On 18.10.2023, the signing of an agreement for the provision of custody services between the Company and the Majority Shareholder regarding the assumption by the Majority Shareholder of the role of the custodian in the SCI, for a consideration of EUR Eight Thousand (€8,000), in accordance with the specific terms incorporated in the draft of the agreement for the provision of custody services submitted to the Board of Directors.

Furthermore, the Board of Directors granted under article 100 of Law 4548/2018, as in force, a special permission for the execution of both (2) the abovementioned transactions of the Company with a related party, and in particular the conclusion of the agreement for the provision of capital market advisor's services, as well as the agreement for the provision of custody services, and any other contract or document between the Company and the Majority Shareholder in relation to the SCI.

The above resolutions of the Board of Directors to authorize the execution of each transaction were taken pursuant to the provisions of article 101 par. 1 of Law 4548/2018, as in force, and in particular:

1. The resolution dated 27.07.2023 regarding the signing of the agreement for the provision of capital market advisor's services based on the attached in said resolution "Independent Auditor's Evaluation Report" dated 26.07.2023, and
2. The resolution dated 18.10.2023 regarding the signing of the agreement for the provision of custody services based on the attached in said resolution "Independent Auditor's Evaluation Report" dated 17.10.2023,

both prepared by the Independent Auditor-Accountant, Mr. Eleftherios Koutsopoulos (No SOEL: 44651), of the audit firm "Grant Thornton", and pursuant to both (2) reports, each of the above transactions examined in each report, respectively, is evaluated as fair and reasonable for the Company and any other of its shareholders, which are not a related party.

Trastor R.E.I.C. 5, Chimarras str., Maroussi GR 151 25, Τ + 30 210 69 10 016, F [phone]

HCMC License No 5/266/14.3.2003 | GCR No 3548801000 | T.I.N. 099554901

2

Both the aforesaid transactions serve the corporate interest, given that they contribute to serving and promoting the purpose of the Company and are fair and reasonable for the Company and its shareholders.

Athens, 30th October 2023

Trastor R.E.I.C. 5, Chimarras str., Maroussi GR 151 25, Τ + 30 210 69 10 016, F [phone]

HCMC License No 5/266/14.3.2003 | GCR No 3548801000 | T.I.N. 099554901