Resolutions of OTE S.A. 74th AGM

Hellenic Telecomms Organization S A

09 June 2026

 

Announcement

74^th OTE ORDINARY SHAREHOLDERS GENERAL MEETING 

ATHENS, Greece - June 9, 2026 - Hellenic Telecommunications Organization S.A. (ASE: HTO, OTC MARKET: HLTOY), the Greek full-service telecommunications provider (hereinafter "OTE" or "OTE S.A."), held today the 74^th  Annual Shareholders General Meeting where shareholders representing 86.06% of its share capital participated (excluding OTE own shares which are not calculated for the formation of a quorum).

During the Meeting the shareholders discussed the items of the agenda, which were approved by majority. In particular the General Meeting approved:

·    Financial Statements of OTE S.A. in accordance with the International Financial Reporting Standards (both Stand-Alone and Consolidated) of the fiscal year 2025 (1/1/2025-31/12/2025), with the relevant Reports of the Board of Directors and the Auditors and approval of the annual profits' distribution.

·    The overall management of the Company by the Board of Directors during the fiscal year 2025 (1/1/2025-31/12/2025) and exoneration of the Auditors for the same fiscal year, pursuant to article 117 par. 1(c) of Law 4548/2018.

·    The appointment of an Audit Firm (i) for the statutory audit of the financial statements of OTE S.A. (stand-alone and consolidated) for the fiscal year 2026 and (ii) for the assurance of the reporting of the Sustainability Statement of OTE S.A. for the fiscal year 2026.

·      Final determination of the remuneration and expenses of the members of the Board of Directors for their participation in the proceedings of the Board of Directors and its Committees during the fiscal year 2025. - Determination of the remuneration and expenses of the members of the Board of Directors for their participation in the proceedings of the Board of Directors and its Committees for the fiscal year 2026 and pre-approval of their payment until the Ordinary (Annual) General Meeting of the Shareholders which will take place within 2027 and will finally determine them.

·      The variable remuneration of the executive members of the Board of Directors for the fiscal year 2025.

·      Profit distribution to executives of the Company.

·      An incentive plan linked to the Company's shares ("OTE Shares Award Plan") for the year 2026, pursuant to article 114 of Law 4548/2018.

·      The Remuneration Report for the members of the Board of Directors of OTE S.A. for the fiscal year 2025, according to article 112 of Law 4548/2018.

·      The revision of the Remuneration Policy for the members of the Board of Directors of OTE S.A., in accordance with articles 110 and 111 of Law 4548/2018.

·      The revision of the "Suitability Policy for the members of the Board of Directors of OTE S.A.".

·      Granting of a special permission, according to articles 97 par.3, 99 par.1, 2 and 100 par.2 of Law 4548/2018, for the continuation for the period 31/12/2026 until 31/12/2027 of the insurance coverage of Directors & Officers of OTE S.A. and its affiliated companies, against liabilities incurred in the exercise of their competences, duties and powers.

·      The cancellation of 9,799,155 own shares purchased by the Company under the approved own share buy-back programs in order to cancel them, with the corresponding reduction of its share capital by the amount of €27,731,608.65, according to article 49 of Law 4548/2018 and the subsequent amendment of article 5 of the Company's Articles of Incorporation.

·      The amendment of article 1 of the Company's Articles of Incorporation

The General Meeting was also informed regarding (i) the Activities Report of the ΟΤΕ Audit Committee for the year 2025, (ii) according to article 97, par. 1 (b) of Law 4548/2018,  the cases of conflict of interest and agreements of FY 2025 falling within article 99 of Law 4548/2018 (related parties transactions), as well as (iii) the Report of the independent members of the Board of Directors to the General Meeting of Shareholders according to article 9 par.5 of Law 4706/2020.

The detailed voting results on the items of the agenda will be published within five (5) days, in accordance with applicable legislation.

FOR FURTHER INFORMATION:

OTE GROUP INVESTOR RELATIONS

Tel. [phone]

E-mail: [e-mail], [e-mail], [e-mail]

 

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