The company PAPOUTSANIS SA (the Company), according to the law. 3556/2007, Regulation 596/2014 and the Euronext Athens Stock Exchange Regulation, each as applicable, informs the investing public that due to distribution of profits from previous years in kind through the distribution of shares owned by the Company, the percentage of voting rights controlled directly and indirectly by Mr. Menelaos Tassopoulos amounts today to 23,71% of the total voting rights of the Company's shares (corresponding to 6.425.249 common, registered, voting shares of the Company) as follows:

1. Directly, due to the holding of 1.168.367 common, registered, voting shares
2. Indirectly, through the company controlled by him with the name "SAPON MONOPROSOPI S.A." which holds 5.256.882 common nominal voting shares of the Company

It is noted that the aforementioned change, i.e. the increase from 23.70% of the total voting rights of the Company notified to the Company on the basis of the relevant TR1 notification on 09.02.2022 does not exceed the limits of article 9 of Law 3556/2007.