Investor Relations - 29.12.2021

Comments on press article

Athens, December 29, 2021

Announcement – Regulated information

With respect to press article regarding the extension of operation of the lignite units, PPC clarifies the following:

There is no change in the phase out plan of the lignite units, as already presented since December 2019 and which is implemented as planned. The decision of the General Secretariat for the Environment of the Ministry of Energy for the hours of operation of the existing lignite units concerns operating hours that will have been used until the scheduled time for their decommissioning.

Specifically, the phase out plan for PPC’s lignite units is as follows:

2021: Kardia 3-4 (phased out)

2022: Megalopolis 3, Agios Dimitrios 1-4

2023: Agios Dimitrios 5, Meliti 1, Megalopolis 4

2025: Ptolemaida 5 (following the conversion to Natural Gas, subject to market conditions and regulation)

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