Overcoverage of 8.04 times noted the book of the National Bank for the allocation of a percentage of shares held by the Financial Stability Fund (HFS)

In particular, the following are mentioned in the announcement of the HFSF:

“EUROXX Securities SA” as Advisor to the Greek Public Offer and Coordinator Main Underwriter of the Greek Public Offer and the “National Sole Proprietorship A.E.P.E.Y.” as the Coordinator Main Contractor of the Greek Public Offer (as defined below) in the context of the disposal by the Financial Stability Fund (“TFS”) of a 22% participation in the share capital of “National Bank of Greece S.A.” (“ETE”) (after the full exercise by the HFSF of the Option to Increase the Offer Size, as defined below), which corresponds to 201,237,334 existing ordinary, registered, intangible voting shares, which are listed on the Regulated Market of of the Athens Stock Exchange (“ATH”), with a nominal value of Euro1.00 each in the share capital of NGE (hereinafter the “Offered Shares”) and following the announcement of the HFSF on 17.11.2023 for the determination of the Offer Price, the final number of the shares offered through the Offer and the completion of the Offer, announce in accordance with circular no. 23/22.06.2004 of the Capital Market Commission (hereinafter “EC”), that:

1. The Offered Shares were offered in parallel through:

(a) public offering in Greece, to Private Investors and Special Investors, within the meaning of Regulation (EU) 2017/1129 of the European Parliament on the publication of a prospectus when offering securities to the public or introducing them for trading on a regulated market (the “Prospectus Regulation”), in accordance with the Prospectus Regulation, Delegated Regulations (EU) 2019/980 and 2019/979, the applicable provisions of Law 4706/2020 and the executive decisions of the Commission’s Board of Directors Capital Market (the “Hellenic Public Offering”). EUROXX Stock Exchange S.A.E.P.E.Y. acted as Advisor to the Greek Public Offer and Coordinator Main Underwriter of the Greek Public Offer and the National Securities Sole Proprietorship A.E.P.E.Y. acted as the Coordinator Main Contractor of the Greek Public Offer, and

(b) outside Greece by private placement (i.e. through an offer book process, which does not constitute a public offer within the meaning of Article 2(d) of the Prospectus Regulation) (i) to persons reasonably considered to be special institutional buyers (“QIB ”) in the United States of America (the “US” or “United States”), as defined and pursuant to Rule 144A (the “Rule 144A”) or pursuant to another exemption from or in a transaction not subject to the registration requirements of of the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and (ii) outside the U.S., to certain other special investors pursuant to Regulation S under the U.S. Securities Act (in each case subject to applicable exemptions from the applicable prospectus and registration requirements) (the “International Offer” and together with the Greek Public Offer, the “Offer”). JP Morgan SE acted as Lead Global Coordinator for the International Offering. JP Morgan SE, Goldman Sachs Bank Europe SE, Morgan Stanley Europe SE and UBS Europe SE acted as Global Coordinators for the International Offering. BofA Securities Europe SA acted as Offer Book Manager for the International Offering, and AXIA Ventures Group Limited and Euroxx Securities SA acted as Co-Leaders for the International Offering.

2. The Offer ended on 16.11.2023. HFSF fully exercised its right to increase the number of Offer Shares by up to 18,294,303 shares (the “Offer Increase Option”), therefore a total of 201,237,334 Offer Shares were offered in the Offer.

3. By decision of the Board of Directors of the HFSF taken on 16.11.2023, the offer price of the Offered Shares (“Offer Price”) was set, within the price range (Euro5.00-Euro5.44), at Euro 5.30 per Offered Share.

4. According to the above decision of the Board of Directors of the HFSF taken on 16.11.2023, from the Offered Shares:

(i) 40,247,467 Offered Shares (ie 20% of the total Offered Shares) were allocated to investors who participated in the Greek Public Offer. Specifically:

(a) 24,148,480 Offered Shares (i.e. 60% of the Offered Shares allocated in the Greek Public Offer) were allocated to Private Investors, and

(b) 16,098,987 Offered Shares (ie 40% of the Offered Shares allocated in the Greek Public Offering) were allocated to Special Investors.

(ii) 160,989,867 Offer Shares (i.e. 80% of the total Offer Shares) were allocated to investors participating in the International Offer

5. Considering only the valid subscriptions, the total demand expressed in the Offer (i.e. cumulatively through the Greek Public Offer and the International Offer) amounted to 1,617,300,838 Offered Shares, exceeding the 201,237,334 Offered Shares to be made available through the Offer ( after the full exercise of the Option to Increase the Offer Size by the HFSF), by about 8.04 times.

In particular, taking into account only the valid subscriptions, the total demand expressed in the Greek Public Offer amounted to 87,150,492 Offered Shares, exceeding the 40,247,467 Offered Shares allocated in the Greek Public Offer, by approximately 2.17 times, divided as follows :

(a) the demand from the 7,247 Private Investors’ purchase applications submitted to the Greek Public Offer corresponds to 41,487,034 Offered Shares, exceeding the 24,148,480 Offered Shares allocated to this category, by approximately 1.72 times, and

(b) the demand from the 89 purchase applications of the Special Investors submitted to the Greek Public Offer corresponds to 45,663,458 Offered Shares, exceeding the 16,098,987 Offered Shares allocated to this category, by approximately 2.84 times.

Accordingly, upon completion of the Offer, all of the Offer Shares were sold.

6. The total revenues of the HFSF that will be collected from the Offer, before deducting the costs of the Offer borne by the HFSF, amount to Euro1,066,557,870.20.

7. According to the underwriting agreement, the Lead Underwriters of the Greek Public Offer did not undertake any commitment to cover the Offered Shares. In addition, it is noted that the Coordinators Main Contractors of the Greek Public Offer did not submit applications to participate in the Greek Public Offer on their own behalf.

8. The expected date on which the Offered Shares will be credited to the Investors’ Securities Accounts in accordance with the procedure set out in the ATHEXCSD Regulations (the “Settlement Date”) is 21.11.2023. It is noted that the specified Settlement Date depends on a number of unforeseen factors and is therefore subject to change. In any case, investors will be informed with a relevant announcement from the HFSF.