Commencement of 2026 Share Buyback Programme

Summary by AI ^BETAClose X

Hellenic Telecommunications Organization S.A. will initiate an own share buyback program on March 2, 2026, running until January 18, 2027, with a target of approximately €177 million. This program, managed by Morgan Stanley Europe SE, aligns with the company's 2026 Shareholder Remuneration Policy and aims to cancel the repurchased shares following a Shareholders' General Meeting resolution. The company currently holds 7,797,014 own shares.

Disclaimer*

Hellenic Telecomms Organization S A

27 February 2026

Announcement

Athens, February 27, 2026 -Hellenic Telecommunications Organization S.A. ("OTE" or "Company") announces that in line with its 2026 Shareholder Remuneration Policy (SHR), it will commence the own shares buyback program on 02/03/2026. The period of execution will run until 18/01/2027 at the latest, and its size is targeted at approximately €177million. The precise amount and number of shares that will be eventually purchased depends on the share price and liquidity during this period.

Morgan Stanley Europe SE will lead-manage, at its discretion, OTE Own Share Buy Back Program in the context of Shareholders Remuneration Policy during this period. Own shares will be purchased in the context of SHR for cancellation following a Shareholders' General Meeting resolution and under the terms of the legal and regulatory framework in force.

As of today, the Company holds 7,797,014 Own shares.

The announcement is issued in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016.

FOR FURTHER INFORMATION

OTE GROUP INVESTOR RELATIONS

E-mail: iroffice@ote.gr

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END