PPC Group strengthens its Renewable Energy portfolio in Greece

Announcement – Regulated Information

June 4th, 2026

Public Power Corporation S.A. (“PPC”) announces the signing of an agreement between its subsidiary PPC Renewables and MORE, the Renewable Energy subsidiary of Motor Oil Group, for the acquisition of six operational wind farms, with a total maximum capacity of 107.1 MW.

The wind farms consist of a total of 26 wind turbines located in areas with strong wind potential in Fthiotida, Fokida, and Florina. Specifically:

• Kellas wind farm in Florina, with a total capacity of 43.2 MW
• Opountia wind farm in Fthiotida, with a total capacity of 3.5 MW
• Tsamadorachi wind farm in Fokida, with a total capacity of 22 MW
• Kato Lakomata wind farm in Fokida, with a total capacity of 19.2 MW
• Mikrovouno wind farm in Fokida, with a total capacity of 9.6 MW
• Psaromyta wind farm in Fokida, with a total capacity of 9.6 MW

At the same time, PPC Group agreed to acquire the remaining 51% of MORE's stake in the share capital of a total of 12 Special Purpose Vehicles (SPVs) that are developing an equal number of photovoltaic parks in Greece, with a total nominal capacity of 1,175 MW, in which PPC Group already held 49%. PPC Group will now hold 100% of these photovoltaic projects.

The completion of the transactions is subject to the satisfaction of certain customary conditions for transactions of this nature, including, among others, the receipt of the required approvals from the competent regulatory authorities.