Kifissia 29^th of April 2026

Year 2025 Financial Performance and Results

The year 2025 was marked by increased challenges for the energy sector and the Company, with a clear divergence between conditions in the domestic and international petroleum markets.

The Group’s consolidated turnover for the fiscal year 2025 amounted to €2.236 million compared to €2.757 million in 2024, recording a decrease of 19%. For the same period, the Group’s gross profit amounted to €59,8 million compared to €81,5 million in 2024, while earnings before interest, taxes, depreciation and amortization (EBITDA) stood at €18.9 million versus €38,19 million in the previous year, reflecting a 50% decrease. Accordingly, the Group’s consolidated earnings before tax (EBT) amounted to €660 thousand compared to €9,8 million in 2024, while consolidated earnings after tax and minority interests (EATAM) amounted to profits of €91 thousand versus €9.8 million in 2024.

Regarding the parent company, ELINOIL S.A., in 2025 turnover amounted to €2,206 million compared to €2,735 million in 2024, EBITDA stood at €16.1 million versus €35.8 million, earnings before tax amounted to €198 thousand compared to €11,7 million in 2024, and earnings after tax and minority interests (EATAM) amounted to €6 thousand compared to €9,8 million.

During 2025, the Company operated in a highly complex environment, with significant differences between the domestic and international petroleum markets. In the International Trading sector, conditions deteriorated due to market distortions and the diversion of products through alternative routes to Europe, which put pressure on profit margins and reduced profitability despite stable sales volumes. In contrast, the domestic market showed signs of improvement, particularly after the lifting of margin restrictions, leading to increased sales and a partial restoration of operational flexibility. The Company maintained its strong position by leveraging investments in its network.