Completion of transactions of the subsidiary IREON INVESTMENTS LTD with related persons based on a special permission granted by the Board of Directors of MOTOR OIL (HELLAS)[...]

Further to the announcements dated December 22^nd, 2020 and January 5^th, 2021 MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. (henceforth the Company), hereby announces that the subsidiary company IREON INVESTMENTS LTD transferred 61,500 shares of OPTIMA BANK S.A. at a price of Euro 18.35 per share to related with the Company persons.

Furthermore, IREON INVESTMENTS LTD transferred 25,000 shares of OPTIMA BANK S.A. at the same price of Euro 18.35 per share to third parties.

Maroussi, 13 January 2021

The Board of Directors