Announcement for the increase and equal reduction of the share capital with increase and decrease of the nominal value of the share and return of capital with payment of cash to the shareholders

The Societe Anonyme with the name "PHILIPPOS NAKAS SA" and the distinctive title "NAKAS MUSIC" (hereinafter referred to as "Company"), informs the investors that the Ordinary General Meeting of shareholders of December 7, 2021, decided:

(a) the increase of the share capital of the Company by the amount of € 443,800, with capitalization of the reserve from the issuance of premium shares and increase of the nominal value of each share of the Company by 0.07 Euros, ie from 0.60 Euros at 0.67 Euros and

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