The Board of Directors of the company at the meeting of December 7, 2021 unanimously elected the Remuneration and Nominations Committee which consists of the following members:

Stelios Vasilakis of Dimitriou, Non-executive member of the Board

Angeliki Kamberi of Christoforos, Independent non-executive member of the Board

Dimitris Tsapogas, son of Ioannis, Independent non-executive member of the Board.

The term of office of the Remuneration and Nominations Committee is five years and ends on December 7, 2026.

Following the redefinition of the Audit Committee approved at the Ordinary General Meeting of Shareholders of December 7, 2021, in accordance with Article 74 of Law 4706/2020 amending Law 4449/2017, the Board of Directors decided and unanimously elected the new Audit Committee, which consists of the following members:

Stelios D. Vasilakis, Non-executive member of the Board
Dimitris I. Tsapogas, Independent non-executive member of the Board
Angeliki Ch. Kamberi, Independent non-executive member of the Board

9M 2021 Financial Results

Please see the attached announcement for the Share Buyback.

SEE THE ATTACHED ANNOUNCEMENT

Please see below:

MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. hereby announces that on 7 December 2021 it effected purchases of 4,464 Company shares of total value EUR 61,429.98 (average price per share: EUR 13.761).

The aggregate number of treasury stock in possession of the Company equals 510,319 corresponding to 0.46% of its share capital. The average price of the own shares purchased by the Company equals EUR 12.496 per share. The purchases of own Company shares are effected through the ATHEX Member PIRAEUS SECURITIES.

Maroussi, 8 December 2021