“TECHNICAL OLYMPIC” GROUP OF COMPANIES ANNUAL FINANCIAL REPORT FY2024 (January 1, 2024 - December 31, 2024) Under Article 4, Law 3556/2007

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 2 TABLE OF CONTENTS Α. STATEMENTS OF THE MEMBERS OF THE BOARD OF DIRECTORS ........................................................... 4 Β. ANNUAL BOARD OF DIRECTORS’ MANAGEMENT REPORT ...................................................................... 5 C. INDEPENDENT AUDITOR’S REPORT ...................................................................................................... 78 1. SEPARATE AND CONSOLIDATED STATEMENT OF FINANCIAL POSITION ............................................ 86 2. SEPARATE AND CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME ..................................... 87 3. CONSOLIDATED STATEMENT OF CHANGES IN EQUITY ........................................................................ 91 4. SEPARATE STATEMENT OF CHANGES IN EQUITY.................................................................................. 93 5. SEPARATE AND CONSOLIDATED STATEMENT OF CASH FLOWS ........................................................... 95 6. ADDITIONAL DATA AND CLARIFICATIONS ........................................................................................... 96 7. ACCOUNTING POLICIES .......................................................................................................................110 8. OPERATING SEGMENTS .......................................................................................................................133 9. NOTES TO FINANCIAL STATEMENTS ...................................................................................................137 9.1. Property, plant and equipment ............................................................................................................137 9.2. Right-of-use assets ..............................................................................................................................139 9.3. Goodwill................................................................................................................................................141 9.4. Investments in subsidiaries .................................................................................................................144 9.5. Investments in associates ...................................................................................................................146 9.6. Equity instruments ...............................................................................................................................147 9.7. Investment property ............................................................................................................................148 9.8. Other long-term receivables ................................................................................................................150 9.9. Inventory ..............................................................................................................................................151 9.10. Trade and other receivables ................................................................................................................151 9.11. Other receivables .................................................................................................................................152 9.12. Financial assets at fair value through other comprehensive income .................................................153 9.13. Financial assets at fair value through profit or loss ............................................................................154 9.14. Cash and cash equivalents ...................................................................................................................154 9.15. Equity....................................................................................................................................................155 9.16. Deferred tax obligations ......................................................................................................................157 9.17. Grants ...................................................................................................................................................159 9.18. Financial liabilities ...............................................................................................................................159 9.19. Other long-term liabilities ...................................................................................................................161 9.20. Suppliers and other trade payables .....................................................................................................161 9.21. Other short-term liabilities ..................................................................................................................162 9.22. Operating expenses .............................................................................................................................162 9.23. Other income - expenses .....................................................................................................................164 9.24. Finance income - costs .........................................................................................................................165 9.25. Income from dividends ........................................................................................................................166 9.26. Income tax ...........................................................................................................................................166 9.27. Results from discontinued operations .................................................................................................167 9.28. Earnings per share ...............................................................................................................................169 9.29. Number & salaries of employees .........................................................................................................170

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 3 9.30. Cash flows adjustments .......................................................................................................................170 9.31. Liens .....................................................................................................................................................171 9.32. Related parties transactions and balances .........................................................................................171 9.33. Contingent assets / liabilities – commitments ...................................................................................172 9.34. Tax unaudited years.............................................................................................................................173 9.35. Risk management objectives & policy.................................................................................................175 9.36. Fair value measurement ......................................................................................................................179 9.37. Availability of Financial Statements ....................................................................................................180 9.38. Events after the date of the Statement of Financial Position .............................................................180

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 4 Α. STATEMENTS OF THE MEMBERS OF THE BOARD OF DIRECTORS The below statements, made in compliance with Article 4, Par. 2 of the Law 3556/2007, as currently effective, are made by the following representatives of the Company Board of Directors: 1. Mr. Konstantinos Stengos, father’s name - Andreas, resident of Alimos Attiki, the BoD Chairman 2. Mr. Georgios Stengos, father’s name – Konstantinos, resident of Alimos Attiki, the CEO 3. Mrs. Marianna Stengou, father’s name – Konstantinos, appointed BoD Member who certify as follows, as far as we know, in our capacity as persons appointed by the Board of Directors of the Societe Anonyme under the title TECHNICAL OLYMPIC S.A. (hereinafter “the Company”): (a) the annual Financial Statements of the Company and the Group for the period 01/01/2024 - 31/12/2024, which were prepared according to the effective International Financial Reporting Standards, present truly and fairly the assets and liabilities, the equity and the financial results, as well as the undertakings included in the consolidation as an aggregate, and (b) the accompanying Annual Report of the Board of Directors gives a true and fair view of the development, performance and position of the Company and the undertakings included in the consolidation as an aggregate, including a description of the key risks and uncertainties they face. Alimos, April 28, 2025 The designees The BoD Chairman The Chief Executive Officer The Appointed BoD Member KONSTANTINOS A. STENGOS ID Num. Α01284650 GEORGIOS K. STENGOS ID Num. Α00642079 MARIANNA K. STENGOU ID Num. Α 00134364

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 5 Β. ANNUAL BOARD OF DIRECTORS’ MANAGEMENT REPORT The present Annual Board of Directors’ Management Report (hereinafter referred to as the "Report") pertains to the FY 2024 fiscal period (01/01/2024 - 31/12/2024). The Report has been prepared and complies with the provisions of Articles 150, par. 3 and 153 par. 3 and par. 1 of Article 152 of CL. 4548/2018, the provisions of Article 4 of Law 3556/2007 and the executive decisions issued under the same Law, of the Hellenic Capital Market Commission’s Board of Directors, and accompanies the annual Financial Statements of the period (01/01/2024 - 31/12/2024). Technical Olympic Group S.A. has been redefining its portfolio of activities in recent years. In this context, the objective is to be aligned with the changes effective under the regulatory framework applicable to small and medium-sized listed companies, i.e. the companies with an average number of headcount under 500, total assets under € 20 million, and total net sales under € 40 million. The aim is to align the Group’s strategies with sustainability objectives, improve trust among the stakeholders, and ultimately thrive in an era governed by business practices. This Report substantially provides the significant separate sections according to the aforementioned legislative framework and accurately presents all the relevant legally required information necessary to extract significant information about the operations of the Company TECHNICAL OLYMPIC S.A. (hereinafter referred to as "Company" or "TECHNICAL OLYMPIC") during the aforementioned period as well as the TECHNICAL OLYMPIC Group (hereinafter referred to as "Group"). The Group includes the following subsidiaries and joint ventures, apart from TECHNICAL OLYMPIC: FULL CONSOLIDATION METHOD Country of Establishment % Participation Equivalent % DIRECT PARTICIPATION % INDIRECT PARTICIPATION INDIRECT PARTICIPATION SUBSIDIARY TECHNICAL OLYMPIC S.A. GREECE PARENT - - - EUROROM CONSTRUCTII '97 SRL (UNDER LIQUIDATION) ROMANIA 100,00% 100,00% - - Τ.Ο. HOLDING INTERNATIONAL LTD CYPRUS 100,00% 100,00% - - Τ.Ο. SHIPPING LTD CYPRUS 100,00% - 100,00% Τ.Ο. HOLDING INTERNATIONAL LTD PORTO CARRAS DEVELOPMENT SA GREECE 30,60% 30,60% - - Τ.Ο. CONSTRUCTIONS S.A. GREECE 90,25% - 90,25% Τ.Ο. HOLDING INTERNATIONAL LTD TECHNICAL OLYMPIC AIRWAYS S.A. (UNDER LIQUIDATION) GREECE 41,54% 41,54% - - SAMOS MARINES S.A. GREECE 99,88% 99,88% - - TOXOTIS Technical S.A. GREECE 83,45% 83,45% - -

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 6 FULL CONSOLIDATION METHOD Country of Establishment % Participation Equivalent % DIRECT PARTICIPATION % INDIRECT PARTICIPATION INDIRECT PARTICIPATION SUBSIDIARY J/V TOXOTIS Technical S.A. - GOUSGOUNIS S.A. - RECONSTRUCTION OF KIFISSOS AVENUE & POSEIDONOS AVENUE GREECE 99,00% - 99,00% TOXOTIS Technical S.A. ROMA HOLDING LLC MARSHALL 85,00% - 85,00% Τ.Ο. SHIPPING LTD ARIADNE REAL ESTATE SINGLE MEMBER P.C. GREECE 100,00% - 100,00% Τ.Ο. HOLDING INTERNATIONAL LTD PFC PREMIER FINANCE CORPORATION LTD CYPRUS 100,00% - 100,00% Τ.Ο. HOLDING INTERNATIONAL LTD NOVAMORE LTD CYPRUS 100,00% - 100,00% Τ.Ο. HOLDING INTERNATIONAL LTD MARINA PYTHAGOREIOU SINGLE MEMBER S.A. GREECE 100,00% - 100,00% Τ.Ο. HOLDING INTERNATIONAL LTD ENERESCO 1 SINGLE MEMBER P.C. GREECE 100,00% 100,00% - - ENERESCO 2 SINGLE MEMBER P.C. GREECE 90,25% - 90,25% Τ.Ο. CONSTRUCTIONS S.A. PREMIER FINANCIAL SERVICES HOLDCO LIMITED IRELAND 100,00% - 100,00% PFC PREMIER FINANCE CORPORATION LTD PREMIER FINANCIAL ADVISORY SERVICES LIMITED IRELAND 100,00% - 100,00% PREMIER FINANCIAL SERVICES HOLDCO LIMITED PFC ADVISORY SINGLE MEMBER P.C. GREECE 100,00% - 100,00% PFC PREMIER FINANCE CORPORATION LTD LUXURY LIFE SINGLE MEMBER S.A. GREECE 100,00% 100,00% - - Τ.Ο.I REAL ESTATE DEVELOPMENT LLC USA 100,00% - 100,00% Τ.Ο. HOLDING INTERNATIONAL LTD TREASURE PALMS DEVELOPMENT LLC USA 95,00% - 95,00% T.O.I REAL ESTATE DEVELOPMENT LLC T.O. INTERNATIONAL GmbH GERMANY 100,00% - 100,00% T.O. HOLDING INTERNATIONAL LTD EQUITY METHOD Domicile Participation % % Direct Participation % Indirect Participation SUBSIDIARY OF INDIRECT PARTICIPATION QUARTIER GRÜNER WEG GmbH GERMANY 50,00% - 50,00% Τ.Ο. INTERNATIONAL GmbH SUSTAINABLE INTERACTION LIMITED LIABILITY ENERGY COMMUNITY GREECE 24,03% - 15,00% ENERESCO 1 SINGLE MEMBER P.C. - 9,03% ENERESCO 2 SINGLE MEMBER P.C.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 7 PROPORTIONAL CONSOLIDATION METHOD Country of Establishment % Participation Equivalent J/V TERNA SA - MOCHLOS SA - AKTOR SA – J/V CONSTRUCTION OF AIGIO TUNNEL GREECE 30,00% J/V AKTOR SA -MICHANIKI SA - MOCHLOS SA - J/V ASFALTIKON PATHE GREECE 28,00% J/V - MICHANIKI SA - MOCHLOS SA – OLYMPIC VILLAGE GREECE 33,00% J/V MICHANIKI SA - J&P - AVAX SA – ATHINA SA - MOCHLOS SA - EGNATIA ODOS. ANTHOCHORI METSOVO NODE GREECE 34,46% J/V MOCHLOS SA / ATHINAIKI TECHNIKI SA - ATHINAIKI TECHNIKI SA – INTRACOM SA - CONTRACTOR J/V PANTHESSALIA STADIUM NEA IONIA VOLOS GREECE 33,00% J/V FLORINA NIKI PROJECT GREECE 33,00% J/V MOCHLOS SA - ΑΤΤΙCΑΤ SA - VIOTER SA - EGNATIA ODOS COMPLETION WORKS FROM IGOUMENITSA NODE TO SELLON NODE GREECE 40,00% J/V MOCHLOS SA - ATHINA SA – DODONI GREECE 50,00% J/V MOCHLOS SA - ATHINA SA. – TUNNEL S2 GREECE 50,00% J/V MOCHLOS SA - TEO SA. – AKTIO TOLLS GREECE 49,00% J/V MOCHLOS SA - TEO SA -- HIGHWAY MAINTENANCE PATRAS BYPASS GREECE 49,00% Given that the Company also prepares consolidated Financial Statements, this Report is unified, with the main reference made to the separate and consolidated financial data of the Company and its associates. The Report is included as is, together with the Financial Statements of the Company and the other legally required data and statements, in the Annual Financial Report for the year 2024. The thematic sections of the Report and their content are presented below as follows: SECTION Α SIGNIFICANT EVENTS AND DEVELOPMENTS Escalating geopolitical and trade tensions have impacted the global economy and aggregate supply, driving up international prices for energy, commodities, and imported intermediate and final goods. Simultaneously, the slower deceleration of core inflation, stemming from aggregate supply disruptions and tight labour markets, is likely to reshape current expectations regarding key interest rates and borrowing costs. The recent deterioration of the crisis in the Middle East has heightened uncertainty, triggering turbulence in international financial markets. Previously, political initiatives in some Member States following the European elections, perceived by markets as potentially undermining European fiscal rules, caused temporary disruptions in euro area capital and government bond markets. The market reactions in both cases highlight their sensitivity to external disruptions and the crucial role of political stability in sustaining positive macroeconomic prospects.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 8 Moreover, the adoption of more inward-looking economic policies by some countries would increase trade protectionism and unequal competition, potentially bringing about a more permanent negative impact on the global economy. The global economy in 2024 proved more resilient than expected, despite the tightening of monetary policy to combat high inflation and the gradual withdrawal of the extraordinary fiscal measures to support incomes. The credibility of monetary policy in achieving the inflation target and the rapid recovery of aggregate supply after the pandemic and the energy crisis allowed inflation to ease. The Greek economy maintained a satisfactory growth rate throughout 2024. Headline inflation continued its downward trend, and core inflation is now also decelerating from the high levels of 2023. This growth momentum is projected to persist in the coming years, with the Bank of Greece forecasting GDP growth of 2,2% in 2024, 2,5% in 2025, and 2,3% in 2026. Investment, private consumption, and exports are expected to remain the primary drivers of economic activity. Inflation is anticipated to decline significantly over the next two years, converging towards the European Central Bank's medium-term target of 2%. The Greek economy has demonstrated considerable progress in recent years, achieving higher growth rates than the euro area despite a challenging international economic environment due to the energy crisis. Nevertheless, despite this positive momentum, there is no cause for complacency. The Greek economy continues to confront significant challenges related to both internal structural weaknesses – such as insufficient competition in numerous sectors, which worsens price stickiness, high public debt, a significant investment shortfall, low savings rates, weak structural competitiveness, high unemployment, and an ageing demographic – and wider global developments, including the green and digital transitions. Key achievements of the Greek economy over the past fifteen years include fiscal adjustment and the restoration of fiscal balance and credibility, the consolidation of the banking system, improved cost competitiveness, the implementation of significant pension and labor market reforms, and increased extroversion. This progress, coupled with positive economic prospects, is reflected in the upgrade of the Hellenic Republic's credit rating to investment grade. Moreover, significant risks and uncertainties for the global and European economies remain, including the impact of rising real interest rates, low productivity growth, geo-economic fragmentation, geopolitical and trade tensions and climate change. However, the international environment is characterised by new uncertainties and geopolitical tensions, as well as technological and environmental challenges. In addition, the activation of the new European budgetary rules limits the possibility of using revenue overruns against targets to finance new expenditure. On the other hand,

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 9 the gradual easing of the common monetary policy increases the degrees of freedom in economic policy and can also help to reduce borrowing costs and stimulate investment. In conclusion, despite the Greek economy's stronger performance compared to the euro area, convergence of GDP per capita with the euro area average would take over 20 years at current growth rates. Therefore, economic policy must remain focused on continued reforms and the swift implementation of the National Recovery and Resilience Plan to achieve the necessary increase in public and private investment and drive the productive transformation of the Greek economy. DEVELOPMENTS PER OPERATING SEGMENT FOR THE PERIOD The parent company TECHNICAL OLYMPIC, as a holding company, continues to monitor and coordinate all the Group companies, and provides them with administrative, advisory, and operational support. It also defines and supervises the goals and projects undertaken to implement, as well as ensuring organic and functional synergy across various departments. Expansion into new business segments, as well as further strengthening of the Group's presence in segments where it is already operating, will be implemented through subsidiaries and sub- subsidiaries. The Group mainly operates in Shipping, Loan Management, Real Estate Investment and/or Development, Tourism (mainly management of marinas), and Construction segments. SHIPPING The International Chamber of Shipping's ICS Barometer Report 2023-2024 identifies protectionism as the new emerging risk for global shipping. This marks a shift from 2020-2021, when the pandemic was the primary concern. Over the last three years, political instability has become the top risk factor, significantly contributing to increased protectionism. This risk multiplier has diminished the industry's confidence in public funding, traditional trade routes (exemplified by Red Sea avoidance), and the speed of decarbonization, with fossil fuels expected to remain the dominant marine energy source for the next decade. This political instability is also driving an increase in cyber-attacks by state and non-state institutions, consistently viewed as a risk to shipping's expanding digital infrastructure and ranked as the second-highest threat this year. Furthermore, geopolitical turmoil has, for the first time, elevated malicious physical attacks to the top of the list of concerns, displacing economic instability. Indeed, geo-economic confrontation and related protectionism are seen as key drivers of both nearshoring and friendshoring.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 10 The resumption of container ship traffic through the Suez Canal following the Israel-Hamas ceasefire and the temporary cessation of Houthi attacks on international shipping in the crucial Red Sea lane will likely reduce travel demand, significantly lowering container freight rates, particularly on Asia-Europe routes. Regulations remain the paramount influence on business activities, underscoring the need for clear and sustainable regulatory supervision to ensure a level playing field and enhance transparency for investors and stakeholders. Following the formal agreement at the IMO's Marine Environment Protection Committee to achieve zero greenhouse gas emissions by or around 2050, confidence is increasing. Indeed, approximately 50% of leaders surveyed in the ICS barometer reported a greater willingness to invest in low- and zero-carbon solutions as a result of the IMO agreement. This increased confidence in the regulatory process highlights the importance of clear governmental and regulatory decisions and guidance, demonstrating that companies are adopting a practical approach to decarbonization. However, to sustain this growing confidence, the ICS emphasizes that regulators must ensure the implementation of meaningful policy measures, strong enforcement, and accessible financing with minimal administrative burden. Shipping leaders' responses indicated increased interest in new fuels, particularly methanol, nuclear, and wind power, although LNG, biofuels, and conventional fuels (HFO) with pollution reduction technology still dominate the industry's forecasts for the next decade. Ensuring availability of infrastructure for fuel delivery to ports, accessibility of that fuel based on market competition, and development and implementation of global and regional regulations defining safe operating standards continue to be key considerations. Prevailing geopolitical and regulatory uncertainty makes closer relationships between industry stakeholders, governments, and regulatory authorities essential. International shipping leaders face a more intricate operating landscape as many nations pursue their own energy security strategies investing in a combination of fossil fuel and renewable energy infrastructure in the years ahead. Future barriers may include shifts in trade routes, reduced public and private funding, and limited access to skilled workforce. In any case, geopolitical and regulatory uncertainty necessitates closer collaboration between industry players, governments, and regulatory authorities.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 11 The Chairman of the International Chamber of Shipping emphasizes, among other points, that "we are in a period of profound transformation characterized by decarbonization, increased security risks, and evolving regulations." Key pressure points for the industry include the availability of public funding for green initiatives and the impact of market-based measures, which necessitate greater collective effort among industry leaders, government agencies, and international partners. Finally, the ICS Chairman highlights the significance of seafarers, as the ongoing concern regarding the availability of trained crew and staff for specific roles could further impact the operation of the shipping industry. In 2024, the Cyprus-based subsidiary "T.O. SHIPPING LTD," wholly owned (100%) by T.O. INTERNATIONAL HOLDING LTD, received from its subsidiaries: a) an amount of $ 2,70 million pertaining to distribution of dividends for the fourth quarter of 2023, and b) a total amount of $ 14,22 million pertaining to distribution of dividends for the nine months of 2024 from the operation of the vessels. TOURISM The added value generated by the operation of marinas makes a positive contribution to the Greek economy, society, and environment. The demand for services at tourist ports is mainly driven by marine tourism, with yachting and cruises being the primary sources. Nevertheless, the existing fleet of vessels navigating Greek seas also requires berths in the country's local tourist ports. Data from the Ministry of Environment and Energy (YPAN) indicates that Greece has a total of 154 registered ports, specifically comprising 59 tourist ports (marinas), 62 tourist boat shelters, 22 tourist boat anchorages, and 11 hotel ports. Today, 37 tourist ports - marinas of total capacity of approximately 8.600 berths are in operation throughout the country. Most of these berths are located in the prefecture of Attica. Although our country's tourism product is of extremely high quality, we are still very poor in terms of infrastructure. Of the 154 tourist ports that have been designated by Law 2160/1993 in Greece, only 37 are operational. The revenue we are losing to competing countries such as Croatia, Turkey and Italy is very high. Regarding the structure of the market value for 2024, as most berths are located in Attica, approximately 62% of the total market value arose from the marinas of Attica and Central Greece. Upgraded marinas are creating new opportunities for Greece's tourism sector, as they are gradually being reconstructed and gaining a new image. A recent example is the reopening of Astir Marina in Vouliagmeni.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 12 A further important development is the issuance of the Joint Ministerial Decision that approves the zoning and environmental regulations for Alimos Marina. This decision clears the path for the marina to begin operations following a significant period of inactivity. At the same time, Agios Kosmas Marina is set to become one of the most cosmopolitan marinas in Greece. Lamda Development planned the transformation of the current facility into a marina that will be able to accommodate super yachts and serve hundreds of boat berths. However, there is also significant activity in marinas located in the region. Specifically, the concession of port operation services and the right of use, operate, manage and exploit the Argostoli Marina was granted for a concession period of 40 years, with the possibility of extension for a further maximum of 10 years. In the tourism sector, the Group continued its activity through the company SAMOS MARINES SA, which operates the Marina in Pythagorio, Samos under the same title. Management intends to proceed with new investments in the marina area in order to increase its efficiency, taking advantage of the positive conditions in the sector and is making an ongoing effort to include it in a future development law framework with the aim of upgrading it in terms of port projects in the surrounding area of the repair building, dry dock, building & electromechanical installations, electromechanical installations and systems. LOAN MANAGEMENT The amount of "red" loans managed by Credit Servicing Firms (CSFs) decreased by € 277 million in the second quarter of 2024, amounting to € 69,77 billion, compared to € 70,045 billion in the previous quarter. According to Bank of Greece data, the nominal value of business loans under management decreased to € 22,788 billion at the end of the second quarter of 2024, from € 22,903 billion at the end of the previous quarter. More specifically, the nominal value of loans to non-financial corporates (NFCs) decreased by € 115 million amounting to € 22,750 billion at the end of the second quarter of 2024. Of the loans under management to NFCs, € 11.156 billion pertains to loans to small and medium-sized enterprises (SMEs). The nominal value of loans under management to other financial institutions remained unchanged standing at € 38 million at the end of the second quarter of 2024. The nominal value of loans under management to self-employed persons, farmers and sole proprietorships decreased by € 99 million compared to the previous quarter amounting to € 9,097 billion at the end of Q2 2024. The nominal value of loans under management to individuals and private non-profit institutions decreased by € 63 million compared to the previous quarter, standing at € 37,883 billion at the end of the second quarter of

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 13 2024. More specifically, consumer loans under management decreased by € 29 million amounting to € 15,637 billion, mortgage loans under management decreased by € 36 million amounting to € 21,956 billion. On 28/01/2021, the Group established the company "PFC PREMIER FINANCE CORPORATION LTD", domiciled in Cyprus, operating in the non-performing loans market through an investment acquired at the beginning of 2022 in a licensed company, in NPLs sector in Greece. More specifically, on 27/04/2021 the Cypriot company "PFC PREMIER FINANCE CORPORATION LTD" (a 100% subsidiary of "T.O. HOLDING INTERNATIONAL LTD" and by extension a sub-subsidiary of "TECHNIKAL OLYMPIC SA") gradually (14/06/2023) acquired 100% of the Irish company "PREMIER FINANCIAL SERVICES HOLDCO LIMITED" from the Irish company "MOUNT STREET HELLAS INVESTMENTS LIMITED". The acquisition was subject to the approval of the competent supervisory authorities (Bank of Greece), which finally approved on 08/02/2024 the acquisition of the remaining 50% of the Irish company "PREMIER FINANCIAL SERVICES HOLDCO LIMITED" by the Cypriot based sub-subsidiary of the Company under the title "PFC PREMIER FINANCE CORPORATION LTD". The acquisition was completed on 15/02/2024. The following companies are 100% owned by the acquired company: • “PREMIER FINANCIAL SERVICES ADVISORY LIMITED”, and Irish company, established as a branch in Greece and • "PREMIER FINANCIAL SERVICES S.A.M.R.L.C.", a Greek single person limited liability company licensed for Loan Servicing. On 28.06.2024, the Hellenic Central Bank decided to continue the operation of the company until 31/12/2024, in accordance with paragraph 3 of Article 40 of Law 5023/2023. The subsidiary of "TECHNICAL OLYMPIC S.A." domiciled in Cyprus, under the title T.O. HOLDING INTERNATIONAL LTD acquired 100% of the shares of the Cypriot company "NOVAMORE Limited" from the Cypriot company "VEL INVESTMENT FUND AIFLNP V.C.I.C. LIMITED" on 5/1/2022 according to a private agreement. The company "NOVAMORE Limited" owns receivables arising from loan agreements secured by personal guarantee and collateral. The management of receivables arising from the loan agreements has been assigned to the loan and credit receivables management company under the title " PREMIER FINANCIAL SERVICES S.A.M.R.L.C". The consideration for the acquisition of the above shares stood at € 12.500.000. • On 01/12/2022, "TECHNICAL OLYMPIC S.A." acquired, from its 100% sub-subsidiary established in Cyprus under the title "NOVAMORE Limited", all the receivables arising from the loan agreements secured by personal guarantee and collateral. The management of receivables arising from the loan agreements has been assigned to the loan and credit receivables management company under the title "PREMIER FINANCIAL SERVICES S.A.M.R.L.C", a Greek single person limited liability company licensed for Loan Servicing. Regarding the Loan Management sector, the developments within the period 01/01 - 31/12/2024 were as follows:

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 14 The offer submitted by TECHNICAL OLYMPIC S.A. in a Project Arrow, which was conducted by Grant Thornton Business Solutions S.A. on behalf of Intrum Hellas REO Solutions S.A., in its capacity as property manager, pertaining to the acquisition of a portfolio of up to 186 properties (independent properties) was declared on 24/05/2023 as Preferred Offer. These are properties located in various geographical areas of Greece, owned by various SPVs managed by Intrum Hellas REO Solutions S.A. The proposed price for the above transaction will be up to the amount of nineteen million eight hundred thousand Euro (€ 19.800.000). PREMIER FINANCIAL ADVISORY SERVICES LIMITED GREEK BRANCH is acting as the Company's advisor in this transaction. On 02/10/2024 the company "PFC ADVISORY Single Person PC" was established, a subsidiary of the Cypriot company "PFC PREMIER FINANCE CORPORATION LTD" (100% subsidiary of the company "T.O. HOLDING INTERNATIONAL LTD" and by extension sub-subsidiary of "TEHNICAL OLYMPIC SA"), for the purpose of providing Financial Advisory and brokerage services. On 16/12/2024 the Company under the title "TECHNICAL OLYMPIC S.A." (hereinafter the Company) informed the investors that the Irish based "PREMIER FINANCIAL SERVICES HOLDCO LTD", which the Company controls indirectly through "T.O INTERNATIONAL HOLDING LTD' and 'PFC PREMIER FINANCE CORPORATION LTD', has signed an agreement for the sale of its entire shareholding in "PREMIER FINANCIAL SERVICES S.A.M.R.L.C". REAL ESTATE MANAGEMENT The real estate market in Greece has maintained a strong momentum for at least seven years, and all estimates suggest that in the short term this trend will continue, perhaps not with the same intensity. Although the positive momentum in the real estate market is maintained, with different rates per individual segments and geographical area, it is necessary to provide immediate and clear solutions and answers to institutional and legal issues, otherwise the market's course and image to domestic and foreign investors are at risk. The most identified areas requiring improvement are greater information accuracy (52,7%), more specialized knowledge (32,8%), service costs (29,3%), transparency of charges (24,6%), and speed of service (22,3%). The expressed need for enhanced transparency and accuracy highlights the demand from consumers for reliable services. This conclusion arose from the statements of dozens of representatives of institutions and organizations of the real estate segment, as well as executives of major legal, construction and architectural firms at the annual conference of Prodexpo.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 15 More specifically, the transactions that took place were mainly related to residential properties, while a smaller percentage was related to commercial premises. Residential properties, as the most desirable property category, indicate the continued need of citizens for housing, which, despite economic difficulties, remains at high levels. In this context, the preferences for property search are indicative: 58,9% will start their search online, 34,2% through an estate agent and 6,9% through relatives and friends. These preferences highlight the importance of the digital presence of estate agents and real estate in the market. Residential or commercial rentals account for 66% of transactions, while purchases and sales of residential, commercial properties, and land stand ad 34%. Respectively, 20% of transactions include commercial rentals, and 7% pertain to commercial property sales. The significant demand for student accommodation, triggered by the release of university admissions results and the commencement of the academic year, coupled with the typically strong summer season that fuels demand for residential properties, contributed to the rise in average asking prices for both rental and sale of residential properties in the third quarter of 2024. SPI data indicates that average residential sales prices throughout Greece recorded an increase of 6,8% in Q3 2024 compared to the corresponding period in 2023, while average rental prices experienced an increase of 7,6%. The Southern Suburbs of Athens, the Cyclades, the Northern Suburbs of Athens, Lefkada and Piraeus are the five most expensive areas in the country for housing in the third quarter of 2024. In the ranking of the most expensive areas for renting a house, the first positions are occupied by the Southern Suburbs of Athens, the Cyclades, the Northern Suburbs of Athens, the centre of Athens, followed by Piraeus. Among the most expensive areas for renting a home in Q3 2024 is Chalkidiki, where short-term rental prices continue to exert upward pressure on rental prices. In the context of the announced investment program, "TECHNICAL OLYMPIC S.A.", participated on 09/02/2022 in an auction of a three-storey shop building and two underground floors with a total surface area of 4.267 sq.m. on a plot of land of 4.570 sq.m, located at the 2nd km Vari - Koropi Avenue in Koropi, East Attica, where the bidder offered the amount of € 2.512.000 and based on the agreement No 13278 dated 06/04/2022, registered under registration number 8862 on 15/04/2022 at the Cadastre of Attica. The property is already generating income from leases already signed and negotiations for new leases are taking place. The Company under the title "TECHNICAL OLYMPIC S.A." through its subsidiary LUXURY LIFE MONOPOR S.A. on 31/05/2024 signed a bond issue program against a maximum amount of fifteen million Euro (€ 15.000.000), with a seven-year term, guaranteed by the Company.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 16 The signing procedure of the agreement is continuing during the closing period and we expect to complete it by the end of this year for the properties that are mature for transfer. By the end of 2024, 85 properties had been transferred without any deviation against the agreed considerations and 21 were sold. On 15/7/2024 the Cypriot subsidiary of the Company "TECHNICAL OLYMPIC S.A." under the title "T.O.INTERNATIONAL HOLDING Ltd" established a company under the title "T.O.I. Real Estate Development LLC" in the State of DELAWARE, United States of America. On 17/7/2024 "T.O.I. Real Estate Development LLC" together with the company "Glenarif Properties LLC" bid in an auction of a property of 1,715 square meters, located at 11295 Gulf Blvd Treasure Island, on the west coast of the State of FLORIDA, United States of America, bidding in the amount of two million six hundred forty thousand dollars ($2.640.000), for the purpose of developing it (through a joint venture under the terms of the agreement between them) as a Condo Hotel. Of the aforementioned amount of two million six hundred forty thousand dollars ($ 2.640.000), "T.O.I. Real Estate Development LLC" paid an amount of two million five hundred eight thousand dollars ($ 2.508.000). On 16/12/2024 the Cypriot subsidiary of "TECHNICAL OLYMPIC S.A." under the title "T.O. INTERNATIONAL HOLDING Ltd", has established a 100% subsidiary in Germany under the title "T.O. International GmbH", in order to cooperate with other investors in search of investment opportunities in the real estate market in Germany. The company "T.O. INTERNATIONAL GMBH", a 100% subsidiary of the company "T.O INTERNATIONAL HOLDING Ltd.", domiciled in Cyprus, which is a 100% subsidiary of "TECHNICAL OLYMPIC S.A.", established on 16/12/2024 with the company "Konstantin Vermögensverwaltung GmbH", domiciled in Germany, a new company under the title "QUARTIER GRÜNER WEG GmbH", domiciled in Germany, in which the two shareholder companies hold a 50% share each. On 18/12/2024, QUARTIER GRÜNER WEG GmbH signed an agreement for the acquisition of an existing office building near Frankfurt Airport of total area 12.428,16 m² of main premises. 1.550,00 m² of warehouse space and 16.950 m² of garage space for the purpose of renovation and conversion into a residential building with studio apartments ranging from approximately 22 m² to 40 m² each. The consideration for this acquisition is Euro 15.000.000. The acquiring company is seeking to cover part of the consideration with a bank loan. CONSTRUCTION SEGMENT The expected decision of the Council of State regarding the unconstitutionality of certain provisions in the New Building Regulation (NOC) concerning building height and volume will resolve regulatory uncertainty in the segment, which is expected to positively influence construction operations.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 17 The construction segment addresses significant challenges, such as the rising, albeit declining, cost of building materials used in the construction of new buildings, and the high-interest rate environment, which, among other factors, adversely affects the demand for housing loans. Nevertheless, the segment has been performing positively since the beginning of the year, maintaining the upward trend of recent years. This is evident in various economic indicators, such as the segment's output and its increased contribution to the overall economy. The prospects for the segment, as reflected in the Construction Business Expectations Index, appear positive. The seasonally adjusted Production Index in Construction increased by 8,6% annually in the first half of 2024, recording the third highest increase among European Union (EU-27) member states after Croatia and Malta. Among the individual categories that constitute the index, the production of construction works (buildings), which corresponds mainly to private construction and accounts for 39% of the index, recorded an increase of 8,7% in the first half of the year, while the production of civil engineering works, which relates to public construction and accounts for 61% of the index, increased by 8,4%. According to an Alpha Bank study, private construction activity in the first seven months of 2024 recorded significant annual increases of 20,6% in building permits and 12,2% in volume (m³), with a particularly impressive surge between January and April. A total of 18,6 thousand building permits were issued for private construction, with Attica accounting for 22,1% and Central Macedonia for 13,3%. However, the largest increases were observed in the Ionian Islands (51,4%) and Epirus (44,4%). Employment in the construction segment increased by an average of 14,7% in the first half of 2024, the second- highest growth rate among all economic segments. This aligns with the 31,7% increase in new business registrations in the construction segment during the same period, based on the latest data. Based on the latest ELSTAT Business Structure Survey in 2022, the total number of businesses operating in the construction segment stood at 70,7 thousand, an annual increase of 5,8%, 96,4% of them employ up to 9 people. Significantly improved estimates of entrepreneurs in the segment, both for the current course of business, as well as for the program of their projects in the next period of time. As of May 20, 2020, the Group manages its construction operations through the subsidiary "T.O. CONSTRUCTIONS S.A." This entity was formed from the demerger of the construction segment of "PORTO KARRAS SA," which started on September 30, 2019, and completed on May 11, 2020, with the contribution of

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 18 the segment. Since the demerger date (September 30, 2019), all construction operations have been conducted on behalf of "T.O. CONSTRUCTIONS S.A.," which is registered in the "Register of contractors' enterprises" (MEEP) in the 6th General Class following requalification. The Group completed all the public works undertaken in Greece. The Group is making efforts to financially terminate the project in Romania: "Restoration - Reconstruction of the section of the National Road Galicea Mare – Calafat”. T.O INTERNATIONAL HOLDING LTD (a 100% subsidiary of the company TECHNICAL OLYMPIC S.A., based in Cyprus) was declared by the Permanent Holy Synod (D.I.S.) as the final contractor of the construction project using the system of counter-granting on a church-owned area of 5.483 square meters, located on Philadelpheos and Methonis streets, within the O.T. 681 area in the Kifisia region of Attica, in accordance with the provisions of Declaration No. 924/2023 of the Central Financial Service of the Church of Greece (EKYO). The project provides for the construction of 8 residences. The counter-grant percentage that "T.O INTERNATIONAL HOLDING LTD" amounts to 50,14%. The Association of Legal Entities "T.O INTERNATIONAL HOLDING LTD - TARISHORE SINGLE-MEMBER IKE" (with a participation ratio of 50%-50% among its members) was declared by the D.I.S. as the final contractor of the construction project using the system of counter-granting on a church-owned property measuring 1.342 square meters, located at 6 Alekou Panagouli Street, within the O.T. 28a area in the Vouliagmeni region of Attica, in accordance with the provisions of Declaration No. 885/2023 of the EKYO. The project involves the construction of 4 residences. The counter-grant percentage that the Partnership "T.O. INTERNATIONAL HOLDING LTD - TARISHORE SINGLE-MEMBER IKE" will receive amounts to 43%. The Association of Legal Entities "T.O INTERNATIONAL HOLDING LTD - TARISHORE SOLE LLC", in which the company "T.O INTERNATIONAL HOLDING LTD" (a 100% subsidiary of the Company based in Cyprus) participates with a 50% stake, was declared by the Permanent Holy Synod (D.I.S.) of the Church of Greece as the final contractor of the construction project using the system of counter-granting on a church-owned area of 970,16 sq.m., located on Argonauton Street and Sappho Street, within Plot 81 area of Vouliagmeni, Attica, in accordance with the provisions of Declaration No. 887/2023 of the Central Financial Service of the Church of Greece (EKYO). The project entails the construction of 4 residences. The counter-granting percentage to be received by the Association of Persons "T.O. INTERNATIONAL HOLDING LTD - TARISHORE SOLE LLC" amounts to 40,60%. The implementation of each project requires signing the corresponding construction contract and a preliminary agreement for the transfer of ownership percentages on the land plots, which will take place after the issuance of building permit approval by the competent urban planning authority.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 19 ENERGY On March 4, 2024, the company “TECHNICAL OLYMPIC S.A.” acquired 100% of the corporate shares of the company under the title “ENERESCO 1 SINGLE-MEMBER PRIVATE CAPITAL COMPANY” with the distinctive title ENERESCO 1 SINGLE-MEMBER P.C. against a consideration of € 384.000. Additionally, the subsidiary of “T.O. CONSTRUCTIONS S.A.” on March 4, 2024, acquired 100% of the corporate shares of the company under the title “ENERESCO 2 SINGLE-MEMBER PRIVATE CAPITAL COMPANY” with the distinctive title “ENERESCO 2 SINGLE-MEMBER P.C.” against a consideration of € 256.000. Each company – “ENERESCO 1 SINGLE-MEMBER P.C.” and “ENERESCO 2 SINGLE-MEMBER P.C.” - holds one (1) mandatory cooperative share in the Energy Community under the title "SUSTAINABLE ENERGY INTERACTION ENERGY COMMUNITY LIMITED LIABILITY". The latter has received final connection offers from HEDNO and has already signed the relevant contracts for nine (9) photovoltaic stations of total capacity 8MW. The companies “ENERESCO 1 SINGLE-MEMBER P.C.” and “ENERESCO 2 SINGLE-MEMBER P.C.” participated in a capital increase of the aforementioned Energy Community, holding stakes of fifteen percent (15%) and ten percent (10%) respectively of the total cooperative capital of the Energy Community. Following the TECHNICAL OLYMPIC Group already declared intention to be engaged in projects in the "green" energy segment, the Company received, on March 19, 2024, from the Directorate of Environment of the Decentralized Administration of Peloponnese - Western Greece - Ionian Islands, an Environmental Terms Approval Decision (A.E.P.O.) for a biogas power generation unit, with a capacity of 999kW, which it plans to develop within an approximately 30-acre privately owned area in the Industrial Area (I.A.) of Patras. The purpose of the proposed project is generating electricity from biogas combustion, which will be produced through anaerobic digestion of non-hazardous organic waste. The main products of the project will be biogas and organic fertilizer, which will be produced through composting the solid residue of the anaerobic digestion of organic material. Combustion of biogas will produce heat and electricity, and the organic fertilizer will be used for secondary purposes. The Company is committed to procedures and controlled hygiene conditions, reducing unpleasant odors and environmental degradation. Generated electricity will be sold to HEDNO and will supply its network, while part of the generated thermal energy will be used for self-consumption by the unit, and the surplus heat may be utilized in the future by neighboring facilities. OTHER SIGNIFICANT DEVELOPMENTS FOR THE PERIOD Disposal of subsidiaries operating in PORTO CARRAS Group As announced on 15/4/2020, the shares of the companies operating in the PORTO CARRAS complex of HALKIDIKI were sold. The amount arising from the MoU, in which the group was valued on 31/12/2019 and was recorded in the item of the consolidated financial statements "Non-current assets held for sale" stood at € 229 million

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 20 (gross value: € 276 million). On 15/4/2020, the date of sale, the value of the group was adjusted to the final sale price, i.e. € 189 million (gross value: € 224 million). The final consideration will adjust the Initial Adjusted Transaction Consideration taking into account the inventory, cash and equivalents (+) and liabilities (-) of every transferred subsidiary determined by an independent consultant on 15/4/2020. In order to calculate the provisional result arising from the sale of these subsidiaries, in the Group’s Financial Statements, the initial adjusted transaction consideration has been taken into account deducting the amount paid for the repayment of loan obligations and deducting the liabilities of the subsidiaries that have been paid through the escrow account until the date of approval of the financial statements as well as the remaining amount to be paid for in the case of time shareholders. Regarding the calculation of the adjustment of the final price (Price Adjustment) of the transaction of the shares of these subsidiaries and in accordance with the provisions of the relevant terms of the respective Share Purchase Agreement (SPA), on 5/4/2021 the Independent Advisor (IA) of the company DELOITTE delivered to the sellers (group of TECHNICAL OLYMPIC) and the acquirer (BELTERRA group) the Completion Statement as of 5/4/2021. According to the conclusion of the initial Independent Advisor (IA) dated 5/4/2021, from the total consideration of € 168.887,34 k, € 70.785,81 k should have been deducted for financial and other obligations. Thus, the final consideration of the sale for the selling companies according to the conclusion amounted to € 98.101,53 k. From the amount € 70.785,81 k that should have been deducted from the consideration, according to the conclusion of the initial IA, € 47.823,11 had already been withheld, which concerned financial obligations. An amount of € 18.161,79 k related to other obligations has also been released from the escrow account in favor of the buyer. Therefore, based on the conclusion of the /initial IA, the buyer was expected to collect, from the escrow account, € 4.800,91 k. From the total consideration € 98.101,53 k according to the conclusion of the initial IA, the selling companies had already collected cash during the sale of € 56.970,99 k. Moreover, € 23.129,06 k had been released from the escrow account in favor of the selling companies. Therefore, based on the conclusion of the initial IA, the sellers were expected to collect, from the escrow account, € 18.001,48 k. On 31/5/2021 the sellers and the acquirer submitted to the IA their objections against the aforementioned Completion Report. On 28/6/2021 the sellers informed DELOITTE and the acquirer that they are appointing as the 2nd Independent Advisor (Second Independent Advisor), the company PwC Business Solutions S.A. (PwC). On 29/6/2021 the acquirer informed DELOITTE and the sellers that it appoints Ernst & Young Single Member Societe Anonyme as the Second Independent Advisor.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 21 According to the relevant projections of SPA’s, the three I.As. started cooperating on 1/11/2021. The middle of March 2022 was considered, in view of the nature and peculiarities of the project, as a possible date for the issuance of the final completion statement, if there is a convergence of views. On 28/3/2022 based on the progress of the works, the end of April 2022 is now considered as a possible date for the issuance of the final completion statement, if there is a convergence of views and without prejudice. In any case and given that the above estimate was not at all binding according to Deloitte (in particular, it stated that the completion of the project depended on a multitude of factors, but also on the factors that also concerned the 2nd independent consultants appointed by the parties), Deloitte would have informed us by 10/06/2022 whether it is considered feasible to complete the 2nd phase. DELOITTE advised that it would complete its work by 10/06/2022 and that the remaining pending completion of the 2nd Independent Consultants phase did not depend on its own actions, but on EY's actions (in particular, comments were expected in seven cases from EY). On 21/07/2022 DELOITTE informed both sides about the results of the 2nd phase of the three I.A. sending the relevant minutes of the meetings between them, informing at the same time that for 17 objections from the sellers and 6 objections from the buyer, the latter did not instruct EY to participate in the discussions on its behalf. Therefore, these objections will not be examined at this stage by the three I.A. Minimal and of minor financial importance objective out of the remaining objections, were unanimously accepted. On 27/07/2022, the sellers requested the buyer in writing to jointly appoint KPMG as the 3rd IA, within 10 days from the aforementioned notification date of 21/07/2022 of the results of the 2nd phase, in accordance with the relevant conditions of SPA, i.e. until 31/08/2022. On 08/08/2022 the buyer, rather than answering the request, proposed in writing to the sellers, before the appointment of the 3rd I.A., that a negotiation between the two parties should take place in order to limit the issues that remain pending, either due to their non-discussion (as above, due to own fault), or due to non-joint acceptance of the relevant objections on both sides, proposing a start date of the negotiation 28/08/2022. The sellers replied in writing that they agree to participate in this effort, suggesting 29/08 and 30/08/2022 as possible dates. On 31/08/2022, the buyer replied that it reserves the right to check the availability of its senior executives and shall inform the parties. Since the buyer did not reply till 08/09/2022 the sellers sent a reminder email. Until 21/09/2022 the buyer had not cooperated in the promotion of the procedure. Therefore, on 11.11.2022, the selling companies submitted an application to the International Chamber of Commerce (ICC) for the appointment of the third IA, in accordance with the more specific conditions provided

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 22 for in the SPA. Following the above and after consultation with the purchasing company, on January 9, 2023, an NDA was signed between the sellers of the purchasing company and the 3rd IA (KPMG). According to the provisions of the Share Purchase Agreements (SPA), the contracting companies (buyer - seller) jointly appointed KPMG Advisors Single Member S.A. as the third independent advisor. This advisor will review the completion statement submitted by the first independent advisor (IA) as of April 5, 2021, regarding the objections raised, in order to issue the final completion statement regarding the final price of the Porto Carras complex acquisition. The final completion statement will be issued within two months from the date of submission of the information by the contracting companies (buyer - seller). It is to be clarified that based on the Share & Purchase Agreement (SPA) of PORTO CARRA as of 15/4/2020, the obligation to pay the amounts due to the time-sharing holders leaseholders falls on the selling companies. On April 17, 2024, the Company informed the investors through a Press Release that, following a series of requests to the third-party independent advisor KPMG Advisors Single Member S.A. (hereinafter referred to as KPMG) to confirm the issuance date of the final report on the final purchase price of the Porto Carras complex, it was informed that the project was in the final stages. As of the date of the issuance of the annual consolidated financial statements 2023, the Company had not received any draft or information regarding the findings of KPMG's reporting. On May 1, 2024, the Company announced via press release that the third independent consultant, KPMG Advisors Single Member S.A. (KPMG), submitted its final report on April 30, 2024. Based on this, € 65.005,21 k will be deducted from the total consideration of €168.885,57 k for financial and other liabilities, resulting in a final sale consideration of € 103.880,36 k. As per KPMG's conclusion, the selling companies received € 56.970,99 k at the time of the sale, as previously mentioned. Based on the report of the third IA, from the final consideration (€ 103.880,36 k), the selling companies anticipate receiving an additional € 11.984,66 k from the escrow account, in accordance with the agreement terms and provided no other liabilities of PORTO KARRAS arising before the transaction's completion (April 15, 2020) are borne by them. Following the issuance of the independent assessment (IA) report, the sellers (TECHNICAL OLYMPIC Group) and the buyer (BELTERRA Group) are collaborating to address and resolve outstanding issues related to the April 15, 2020 transaction. This includes calculating the precise amount to remain frozen in the escrow account to cover potential liabilities. As part of this ongoing cooperation, €2.074,10 k has already been disbursed from the escrow account to the selling companies during 2025. Both parties remain in contact to settle the remaining issues.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 23 Termination and liquidation of the company Technical Olympic Airlines SA On 11/10/2022, an Extraordinary General Meeting of the shareholders decided on termination and liquidation of the company and appointment of the following liquidators: a. Ioannis Giannakopoulos, b. Konstantina Alexopoulou and c. Christos Zikos. The General Meeting authorized the liquidators to carry out an inventory report of the company's assets, publish a balance sheet for the start of liquidation, which they should submit to G.E.MI., and comply with all the publicity formalities under Law 4548/2018. Moreover, the authorization concerns completing the company’s pending affairs, paying off its debts and satisfying the creditors, collecting receivables, converting corporate property into cash, paying surplus to the company’s shareholders and in general performing any act necessary by law for realization of the objective of the company’s liquidation. Its liquidation has not been completed to date. Significant events that took place and their effect on the 2024 financial statements. On October 18, 2024, Piraeus Leasing MAE agreed to a reduction in interest rate margins as part of financial cost rationalization. This adjustment applies to: a) the property in Pylea, Thessaloniki (decreased from 3% to 1,7%), and b) the horizontal property at 3 Xanthou Street and Lazarakis Street in Glyfada (decreased from 4,5% to 1,7%). The Extraordinary General Meeting held on 19/12/2024 approved: α) The offsetting of accumulated losses of the Company in the amount of Euro one hundred and thirty million (€130.000.000,00) through an equal reduction in the share premium reserve, arising from the issue of share premium pursuant to Article 35 par. 3 Ν. 4548/2018. The purpose of the above reduction of the Company's share premium reserve is to consolidate the Company's balance sheet. b) The approval of a program for the acquisition of treasury shares as defined in Article 49 of Law 4548/2018, up to 10% of the Company's share capital, including the shares already held by the Company, within a period of 24 months from the date of approval and with a price range from fifty Euro cents (€0.50) to three Euro (€3.00) per share. Auditor’s appointment The Regular General Meeting of the Company's shareholders as at 26/6/2024, decided, inter alia, to appoint the auditing firm "BDO Certified Public Accountants S.A." for the audit of financial statements and the issuance of the corresponding tax certificate for the corporate year 2024, based on the relevant proposal of the Audit Committee under Article 44, Law 4449/2017.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 24 SECTION Β FINANCIAL DEVELOPMENT AND PERFORMANCE DURING THE REPORTING PERIOD The Group’s course of operations is reasonably presented in the Financial Statements as of December 31, 2024, as the key financial sizes were as follows: Consolidated turnover from continuing operations for the year 2024 amounted to € 19,115 million compared to € 16,314 million in the previous corresponding year 2023. The increase is due to the Group's operations in Real Estate and the charter sales of the subsidiary "ROMA HOLDING LLC". Respectively, the Company’s turnover in 2024 amounted to € 0,264 million compared to € 0,271 million in 2023. Consolidated gross results from continuing operations for the year 2024 were profitable and amounted to € 8,128 million against profit of € 4,726 million in the corresponding period 2023. Respectively, separate gross results for 2024 amounted to profit of € 0,064 million against loss of € 0,816 million of the comparative year. Consolidated EBITDA from continuing operations for the closing year 2024 was positive and amounted to profit of € 8,86 million against profit of € 8,79 million in 2023. The Company’s EBITDA for 2024 amounted to profit of € 2,25 million against loss of € 2,95 million in 2023. The Group’s financial cost decreased from € 1,12 million to € 0,85 million while, respectively, the Company’s financial cost increased from € 0,93 million to € 1,30 million due to its intragroup bond loans. Consolidated EBT from continuing operations for 2024 amounted to profit of € 12,83 million against profit of € 6,19 million in 2023. Respectively, the Company’s EBT for 2024 amounted to profit of € 1,64 million against loss of € 3,27 million in the comparative year. Consolidated earnings after tax for 2024 amounted to profit of € 12,55 million against profit of € 5,96 million in the comparative year, while in 2024, the Company’s earnings after tax amounted to profit of € 1,24 million compared to loss of € 3,59 million in the comparative year. The Group’s total Equity amounted to € 181,63 million compared to € 185,3 million in the previous year 2023. Respectively, the Company’s total equity amounted to € 185,39 million against € 184,97 million in the previous year 2023. The Group’s total non-current assets stood at € 132,70 million compared to € 144,43 million in the previous year 2023, mainly due to the valuation of subsidiary ROMA vessel. Respectively, the Company’s total non-current assets amounted to € 203,33 million compared to € 196,93 million in the previous year 2023.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 25 The Company’s and the Group’s income tax from continuing operations exclusively concerns deferred tax. The tax expense for the Group and the Company amounted to € 0,28 million and € 0,40 million, respectively, against tax expense of € 0,23 million and € 0,32 million respectively in the comparative period. Alternative Performance Measures Indicators (“APMIs”) In the context of implementing the Guidelines of the European Securities and Markets Authority (ESMA/2015/1415el) applied from 3 July 2016 to the Alternative Performance Measures Indicators (APMIs). The Group uses Alternative Performance Measurement Indicators ("APMIs") in the context of decision-making regarding its financial, operational and strategic planning as well as for the evaluation and publication of its performance. These APMIs serve to better understand the Group’s financial and operational results and its financial position. Alternative indicators should always be considered in conjunction with the financial results prepared in accordance with IFRS and in no case replace them. When describing the Group's performance, the following indicators are used: THE GROUP THE COMPANY PERFORMANCE RATIOS 01/01 - 31/12/2024 01/01 - 31/12/2023 01/01 - 31/12/2024 01/01 - 31/12/2023 Net EBITDA / Equity 4,9% 4,7% 1,2% (1,6%) Net results after tax / Total Revenue 65,6% 36,5% 470,1% (1.324,9%) Net results after tax / Equity 6,9% 3,2% 0,7% (1,9%) THE GROUP THE COMPANY CAPITAL GEARING RATIO 31/12/2024 31/12/2023 31/12/2024 31/12/2023 Equity / Total Liabilities 430,0% 498,3% 469,7% 561,3% DEBT RATION 31/12/2024 31/12/2023 31/12/2024 31/12/2023 Total Liabilities / Total Equity and Liabilities 18,9% 16,7% 17,6% 15,1% Equity / Total Equity and Liabilities 81,1% 83,3% 82,4% 84,9%

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 26 THE GROUP THE COMPANY PROFITABILITY RATIO 01/01 - 31/12/2024 01/01 - 31/12/2023 01/01 - 31/12/2024 01/01 - 31/12/2023 Gross Profit Margin: Gross profit (loss)/ Total income 42,5% 29,0% 24,4% (301,3%) Net EBITDA / Total income 46,4% 53,9% 853,8% (1.090,2%) E.B.I.T.: EBIT / Total income 18,4% 11,6% 711,0% (1.215,7%) E.B.T.: EBT / Total income 67,1% 37,9% 621,5% (1.205,8%) E.A.T.: Earnings after tax / Total income 65,6% 36,5% 470,1% (1.324,9%) Net Debt: 31/12/2024 31/12/2023 31/12/2024 31/12/2023 Net Debt: (16.841.952) (10.161.776) 22.575.693 16.759.914 The Group monitors performance through the analysis of key business segments. The Group evaluates the results and performance of each segment on a quarterly basis identifying timely and effective deviations from the objectives and taking the appropriate corrective measures. The Company's profitability is assessed using internationally applied financial performance ratios: • EBITDA (Earnings Before Interest Tax Depreciation & Amortization): The ratio adds to the "Earnings before interest, tax, depreciation & amortization" the total amortization and depreciation less amortization of grants. The higher the ratio, the more efficient the operation of the business. EBITDA from continuing operations for the Group in the closing year stood at profit of € 8,86 million against profit of € 8,79 million in 2023. • Net Debt: The indicator deducts "Cash and Cash Equivalents" from the total Short-Term and Long-Term loan liabilities. The financial data used to calculate the ratios in the above table are those recorded found in these Financial Statements. A clear method of calculation is provided for EBITDA and net debt. The table below presents the calculation of EBITDA for the Group and the Company

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 27 THE GROUP THE COMPANY Amounts in € 01/01 - 31/12/2024 01/01 - 31/12/2023 01/01 - 31/12/2024 01/01 - 31/12/2023 Profit before tax 12.831.155 6.188.764 1.640.761 (3.267.687) Plus: Financial expenses 847.344 1.120.538 1.303.668 932.708 Plus: Financial income (1.313.758) (1.118.720) (117.260) (366.567) Plus: Other Financial results (901.062) 294.549 (1) (23) Plus: Income from dividends (6.471.929) (3.180.804) - - Plus: (Gains) / Losses on valuation of own and investment properties (961.000) (602.884) (936.000) (587.884) Plus: (Gains) / Losses on valuation of Financial Instruments at Fair Value through profit and loss (559.788) (815.698) (14.037) (5.157) Plus: Impairment loss on available-for-sale financial assets 5.750 Plus: (Profit) / Losses from investments 24.055 Plus: Share of result of associates 14.201 - - - Plus: Depreciation 5.345.454 6.903.947 376.943 340.046 EBITDA from continuing operations 8.860.424 8.789.692 2.254.074 (2.954.565) EBITDA from discontinued operations (63.661) - - - EBITDA 8.796.763 8.789.692 2.254.074 (2.954.565) SECTION C RELATED PARTIES TRANSACTIONS This section includes the most significant transactions between the Company and its related parties, as defined in International Accounting Standard 24. These transactions concern provision of business, consulting and management services, charging business premises rentals and other project costs. The benefits to the Management at Group and Company level relate to the remuneration of the members of the Board of Directors based on the decisions and approvals of the General Meeting of Shareholders, while the remuneration of the executives is provided to the Group based on service agreements. All transactions take place on arm’s length basis as well as the transaction type. Intracompany sales and acquisitions for the period 01/01/2024-31/12/2024 and the respective comparative period 01/01/2023-31/12/2023 are analyzed as follows: Amounts in € THE GROUP THE COMPANY Revenue from sales of goods and rendering services 01/01 - 31/12/2024 01/01 - 31/12/2023 01/01 - 31/12/2024 01/01 - 31/12/2023 Subsidiaries - - 277.770 280.283 Other related parties 2.800 14.200 2.800 14.200 Total 2.800 14.200 280.570 294.483

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 28 Amounts in € THE GROUP THE COMPANY Acquisitions and remuneration for receiving services 01/01 - 31/12/2024 01/01 - 31/12/2023 01/01 - 31/12/2024 01/01 - 31/12/2023 Subsidiaries - - 1.514.998 690.019 Other related parties 137.400 - 137.400 - Members of the BoD and Key Executives 444.462 526.539 203.734 250.569 Other benefits of Members of the BoD & Key Executives 58.589 56.030 24.002 26.480 Total 640.452 582.569 1.880.134 967.068 Transactions with subsidiaries have been eliminated from the Group’s consolidated financial data. Among the Group’s subsidiaries there are revenues / expenses amounting to € 2.114 k. All transactions take place under arm’s length principle and according to the type of transactions. The analysis of intracompany receivables / liabilities as at 31/12/2024 as well as at 31/12/2023 is as follows: Amounts in € ' THE GROUP THE COMPANY Receivables 31/12/2024 31/12/2023 31/12/2024 31/12/2023 Subsidiaries - - 552.383 4.087.869 Other related parties 790.102 781.218 101.688 89.305 Loans to related parties 1.502.607 455.000 - - Members of the BoD and Key Executives 26.574 40.661 9.709 8.406 Total 2.319.283 1.276.879 663.780 4.185.579 Amounts in € ' THE GROUP THE COMPANY Payables 31/12/2024 31/12/2023 31/12/2024 31/12/2023 Subsidiaries - - 8.356.692 8.277.422 Loans payable - - 20.835.650 14.543.814 Other related parties 243.123 179.232 90.268 22.878 Members of the BoD and Key Executives 205.633 288.316 152.204 202.701 Total 448.756 467.549 29.434.814 23.046.815 Among the Group’s subsidiaries there are receivables / liabilities amounting to € 35.466 k. No loans have been granted to members of the Board or the Group executives and their families.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 29 SECTION D PROSPECTS FOR 2025 – MAIN RISKS AND UNCERTAINTIES The Company's Management examines and evaluates alternatives to the Group's activity in new business segments both in order to utilize the increased liquidity of the Group from the Porto Carras tourist complex sale and take advantage of the opportunities that will allow the TECHNICAL OLYMPIC Group to increase its profitability. The parent company TECHNICAL OLYMPIC, as a holding company, will continue to monitor and coordinate all the companies of the Group, to provide them with administrative, consulting and operational support, to determine and supervise the objectives and undertaken projects, to coordinate the operations of various branches. The expansion of the Group's activity to the new business segments as well as further improving the Group's presence in the segments where it already operates will be carried out through its subsidiaries and sub-subsidiaries. More specifically, the Group Management decided to operate, domestically and abroad, in tourism, "green" energy, Real Estate (Investment and/or Development) and shipping segments. Taking into account the significant accumulated know-how available in management and operation of tourist complexes as well as in multiple activities, strong collaborations developed, through all these years, with tour operators and other significant players in the tourism market, the Company Management will seek to explore and exploit investment and development opportunities in the tourism segment, domestically and abroad, which will allow the Group to reoperate in this, well-known business segment. Moreover, in the context of the Group’s long-term operations in the construction segment, it will examine undertaking projects mainly in the private and the public segment concerning waste management / recycling. Following the evaluation of the positive prospects presented in the "green" energy segment, the Group Management continues operations in this segment as well. As part of its strategic planning for the expansion of the Group's operations in this segment, it will focus on examination, evaluation and acquisition of licenses or already licensed photovoltaic stations (PV) and licensed wind farms in order to proceed with their construction, completion and connection. It is to be noted that the Management will not exclude evaluation of any other arising investment opportunities that will relate to other forms of renewable energy (e.g. hydroelectric). As far as the Real estate (investment and / or Development) segment is concerned, the Group considers exploiting the increased liquidity obtained taking advantage of the investment opportunities in the real estate segment, both in Greece and abroad, in order to create long-term inflows or / and possible goodwill from potential future resale of every property.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 30 In the shipping segment, in September 2020, the TECHNICAL OLYMPIC Group already started its operations and will continue operating mainly regarding containerships, without excluding in the future potential investments in other shipping segments. Regarding the Group’s operations in the shipping segment, the sub-subsidiary T.O. SHIIPING LTD has already been established, based in Cyprus, which is 100% controlled by T.O. INTERNATIONAL HOLDING LTD., 100% subsidiary of the Company. Sub-subsidiary T.O. SHIPPING LTD, in the context of the above planning for collaboration with the other companies / investors (equity partners), founded the company T. SHIPPING INC, which, together with the company under the title Blue Container LTD, controlled by a foreign investment entity, founded the company Initiation Holding LLC, which founded companies for the acquisition of vessels (ship-owners) and in which as a result the Company, through this investment, holds 15%. This effort, considering the arising opportunities, will continue with the establishment of the companies that will acquire investment (majority and / or minority, direct and / or indirect) in newly established ship-owning company which will proceed with acquiring the vessels. The Group’s strategic choice, in the context of its operations in the shipping segment is to take advantage of any opportunities presented in acquisition of vessels so that such acquisitions could generate satisfactory revenue for the Group from the operation of every vessel and the respective fare agreements, combined with a potential future profitable resale. MAIN RISKS AND UNCERTAINTIES The Group operates in a highly competitive environment. Its specialized know-how as well as its increased investments in human resources and infrastructure development help the Group become more competitive in order to address the emerging conditions. New activities in Greece and abroad will be a significant growth leverage for the Group. FINANCIAL RISK FACTORS The Group is exposed to financial risks such as changes in exchange rate, interest rate, credit risk, liquidity risk and fair value risk due to changes in interest rates. The Group's overall risk management plan focuses on making timely provisions for financial market trends and seeks to minimize their potentially adverse impact on the Group's financial performance. The central cash management service is responsible for the risk management, This service identifies and assesses financial risks in conjunction with the services addressing these risks. Prior to the relevant transactions, approval is obtained from the executives who have the right to commit the Group to its counterparties. FOREIGN EXCHANGE RISK Foreign exchange risk is the risk of fluctuations in the value of financial instruments, assets and liabilities due to changes in exchange rates. The Group operates internationally and is therefore exposed to foreign exchange risk arising mainly from the change in the exchange rate between USD, RON and Euro, due to the group 's activity in

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 31 the Romanian market and in the shipping segment. This risk arises mainly from future trading transactions and liabilities in USD & RON. RON related risk is considered limited as the specific project has been completed. CREDIT RISK The Group is not exposed to concentrations of credit risk, with the exception of the construction segment where in recent years, due to adverse economic conditions in Greece, delays in collection from Public Works are longer and the revenue collection time cannot be reliably estimated. In order to cover these delays and ensure the necessary liquidity in case of extension of the above delay in the collection of revenues, the Group’s profit or loss may be affected. Due to the aforementioned, the Group Management, despite assessing the credit risk exposure as limited, is in constant contact with its financial consultants, in order to continuously determine the most appropriate policy to reduce or eliminate credit risk in an environment that is constantly changing. Amounts in € ' THE GROUP THE COMPANY Financial assets 31/12/2024 31/12/2023 31/12/2024 31/12/2023 Cash and cash equivalents 33.976.512 22.910.334 623.263 540.020 Trade and other receivables 22.877.736 25.446.413 6.352.537 6.025.787 Financial assets measured at fair value through other comprehensive income 14.400.000 14.400.000 14.400.000 14.400.000 Securities 23.414.524 25.268.074 - - Other long-term receivables 13.953.046 14.393.012 1.489.927 3.846.073 Total 108.621.817 102.417.833 22.865.727 24.811.880 LIQUIDITY RISK Liquidity risk management includes ensuring the existence of sufficient cash and cash equivalents as well as ensuring the creditworthiness of the Group in 2024 through large domestic or foreign organizations to cover the necessary working capital if deemed necessary. The Group manages its liquidity needs by carefully monitoring the debts, long-term financial liabilities, as well as the payments made on a daily basis. Short-term and medium-term liquidity needs are monitored on a monthly basis. As at 31/12/2024 the Group has positive working capital amounting to € 74,08 million and the Company € 10,88 million respectively, as a result of the realization of its assets. Currently, the Group has a surplus of cash available, which allows it to plan/implement its investments.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 32 Amounts in € THE GROUP THE COMPANY Current assets 31/12/2024 31/12/2023 31/12/2024 31/12/2023 Inventory 9.077.865 4.952.124 - - Trade and other receivables 3.197.525 1.470.135 306.491 234.170 Other receivables 19.680.211 23.976.278 6.046.046 5.791.617 Financial assets at fair value through profit or loss 10.835.322 10.343.224 151.050 24.363 Financial assets at fair value through other comprehensive income 14.400.000 14.400.000 14.400.000 14.400.000 Cash and cash equivalents 33.976.512 22.910.334 623.263 540.020 Total current assets 91.167.434 78.052.095 21.526.851 20.990.170 Suppliers and related payables 3.884.235 3.540.358 631.255 517.186 Current tax obligations 110.683 29.933 - - Liabilities from customers contracts 599.845 384.472 - - Short-term financial liabilities 1.761.695 1.374.483 423.627 375.569 Other short-term liabilities 10.726.671 10.636.638 9.594.636 9.601.296 Total short-term liabilities 17.083.129 15.965.883 10.649.517 10.494.051 Working capital 74.084.305 62.086.212 10.877.334 10.496.119 According to the current conditions, although the Group has loan obligations related to ROMA HOLDING LLC financing as well as Leasing contracts, it has a cash surplus, which allows it to securely plan its investments. More details are presented in the section of this report "Prospects for 2025". The Group’s and the Company’s maturity of financial liabilities as at 31/12/2024 and 31/12/2023 is analyzed as follows: Amounts in € THE GROUP Debt as at 31/12/2024 Under 1 year 1 to 5 years Over 5 years Total Total long-term loans 1.323.296 7.626.081 3.431.518 12.380.895 Total short-term loans 15 - - 15 Finance lease liabilities 438.384 1.908.286 2.406.980 4.753.650 Total 1.761.695 9.534.367 5.838.498 17.134.559 Amounts in € THE GROUP Debt as at 31/12/2023 Under 1 year 1 to 5 years Over 5 years Total Total long-term loans 974.510 6.613.410 - 7.587.921 Total short-term loans 13 - - 13 Finance lease liabilities 399.959 2.471.874 2.288.789 5.160.622 Total 1.374.482 9.085.285 2.288.789 12.748.556 Amounts in € THE COMPANY

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 33 Debt as at 31/12/2024 Under 1 year 1 to 5 years Over 5 years Total Total long-term loans - - 20.835.650 20.835.650 Total short-term loans 15 - - 15 Finance lease liabilities 423.612 1.842.645 97.035 2.363.291 Total 423.627 1.842.645 20.932.685 23.198.956 Amounts in € THE COMPANY Debt as at 31/12/2023 Under 1 year 1 to 5 years Over 5 years Total Total long-term loans - - 14.543.814 14.543.814 Total short-term loans 13 - - 13 Finance lease liabilities 375.557 2.174.912 205.638 2.756.107 Total 375.570 2.174.912 14.749.452 17.299.934 RISK OF CHANGES DUE TO CHANGES IN INTEREST RATES The Group's operating income and cash flows are affected by changes in interest rates. The Group does not have significant interest-bearing assets and its policy is to secure credit lines from the cooperating banks in order to satisfy smoothly the projected development and expansion of the Group. THE GROUP Amounts in € 31/12/2024 31/12/2024 1,00% (1,00%) 1,00% (1,00%) Profit after tax from interest rate change (135.506) 135.506 (100.820) 100.820 Equity (135.506) 135.506 (100.820) 100.820 In any case and due to the limited impact of changes in interest rates on the Group's operating income and cash flows, the Group Management assesses the exposure to this risk as low. OPERATIONAL RISK FACTORS Risks from changes in conditions prevailing in the construction segment. Construction operations depend to a large extent on the course of the investment plan in infrastructure projects implemented by the Greek state, the course of the EU financed projects and the course of development of the major road projects. Therefore, in the immediate future, the development of the financial results of the subsidiary "T.O. CONSTRUCTIONS S.A.", and consequently of the Group, is affected by the degree and the pace of implementation of the projects financed by the European Union as well as these countries’ Public Investment Programs. It should be taken into account that future changes in the process of allocation of public or EU resources for infrastructure projects may significantly affect the operations and financial results of the Group. Risk of changes in fare prices

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 34 The Group started operating in the shipping segment in the 4th quarter of 2020. Such operations can cause the risk of adverse changes in the fare prices, expected to be agreed upon with the future customers. The Group continuously monitors the changes and takes the appropriate action to minimize this risk through signing long- term leases. Risks associated with the good performance of construction projects. The construction projects undertaken by the Group companies include clear clauses regarding their sound and timely performance. The Company and the Group, through the subsidiary "T.O. CONSTRUCTIONS S.A.", have extensive experience and know-how in executing complex and large construction projects and until now no events or extraordinary expenses related to the execution of the projects occurred. However, the possibility of the occurrence of extraordinary expenses in the future due to unexpected events cannot be excluded, resulting in potentially adverse effects on the Group’s operations and financial results. Risks associated with the execution of projects by subcontractors. In many projects, the Group's Company may need to outsource part of the project to third companies as subcontracting. In these cases, the Group ensures signing agreements with the subcontractors which cover the obligation of the latter to correct any errors at their own risk, but it cannot be excluded, although it is considered unlikely, that in some cases subcontractors may fail to fulfill these obligations, with the consequence that these obligations ultimately burden the Group. Risks related to the legal status governing announcement, assignment, execution and supervision of public and private projects. The Group Company operations in the construction segment depend on the legislation governing both public works (announcement, assignment, execution and supervision) and the issues related to environment, safety, public health, labor and taxation. Actually, the Group has the size and infrastructure to effectively respond to changes in the relevant legislation, one cannot exclude that future legislative amendments may cause, even temporarily, adverse effects on the Group's financial results. Risks arising from loss/damage to people, equipment and the environment (insurance coverage). The Group's operations address risks that may arise from adverse events such as, among others, accidents, injuries and damage to people (employees and / or third parties), damage to the environment, damage to equipment and property of third parties. All the aforementioned events are likely to cause delays or in the worst case to stop the project implementation. Of course, all the necessary precautionary measures are taken to avoid such negative events and, at the same time, the appropriate insurance policies are established. However, it cannot be neglected that the amount of the Group companies’ liabilities from such negative events may exceed the insurance indemnities it will receive, and – as a consequence – a part of these arising liabilities will be required to be covered by the Group companies.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 35 Usually, insurance covers the cost of repairing design or construction defects. However, in some cases this coverage may not be enough to cover all the warranty requirements for which manufacturers are responsible and which is usually costly. Although the Group usually requires subcontractors to compensate it for any defects that may occur, it cannot always impose such compensation on the contracts signed. For this reason, the cost of insurance coverage and non-settlement of insurance claims can adversely affect its operating results. SECTION Ε NON-FINANCIAL INFORMATION. LABOR ISSUES. a) Diversity and equal opportunities policy. Technical Olympic Group is committed to providing equal opportunities to all the employees and candidates, at all levels of the hierarchy, regardless of race, color, religion, origin, gender, sexual orientation, age, disability, marital status, or any other characteristics, protected by law, and it expressly prohibits any discrimination or harassment based on these matters. All the decisions regarding recruitment, promotion, training, performance appraisal, remuneration and benefits, transfers, disciplinary misconduct, and termination are free from any unlawful discrimination. The Group does not hire employees younger than the legally prescribed age. It also opposes the use of forced or compulsory labor. The Group's policy in this domain is based on the OECD Guiding Principles or the International Labor Organization (ILO). Non-financial performance ratios LABOR RATIOS 2024 2023 Employment Rate of full-time employees staying at work 92,31% 81,63% Movement ratio (turnover) 7,69% 18,37% Education & development Man-hours of training 200 0 Total education cost € 17.360 € 0 Employment assessment rate 0,00% 0,00% Human Rights Incidents of discrimination 0 0 Incidents of forced labour 0 0 Rate of women in direct employment 36,54% 46,94% Rate of women in key executive position 10,53% 8,70% Rate of young employees < 30 years in direct employment 3,85% 4,08% b) Human Rights, Training Systems and trade union freedom.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 36 The biggest investment of Technical Olympic is its human resources, which is the driving force behind its development and evolution. We respect our workers' rights and comply with the labor legislation. The Group’s priority is to ensure development and evolution of its people. The best employees are promoted through institutionalized procedures and undertake broader duties or higher positions, thus ensuring their development, meritocracy and the success of the Group. The Group recognizes and promotes a healthy work life balance, while respecting the commitments made by its employees outside the work environment. It recognizes the right to rest and leisure and faithfully follows the laws applied in every facility where it operates, regarding the mandatory leave days, the days of pregnancy and maternity leave as well as other leave related to family obligations, or cases of force majeure. The Group supports its people in learning, growing and achieving their goals and provides them with a stable working environment. It implements development training programs, in which all the employees can participate in order to improve their skills, their continuous professional development and their better response. Technical Olympic is always consistent with its principles for provision of quality products and services, respecting the people and the environment and ensures that the staff of all the Group companies enjoys the appropriate working conditions. At the same time, this way, Technical Olympic achieves the optimal efficiency and productivity that support the development plans and the investment strategy of the Group. c) Health and Safety. Creating a healthy and safe environment at work, through coordinated efforts of management and staff, is a key priority, as it effectively contributes to the development and progress of the Group. Therefore, the Group steadily invests in this domain. The main measures taken by the Group are as follows: ▪ Conducting health and safety risk assessments. ▪ Implementing systematic measurements on the quality of air conditioning (cooling - heating), noise level and the suitability of lighting in its facilities.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 37 ▪ Preparing an emergency management plan, office evacuation plan and has developed special teams of staff responsible for implementing the plan and conducting evacuation training twice a year. ▪ Training and regularly informing employees on fire safety, emergency management, first aid ▪ Availability of the collective employee insurance program. Environmental issues. In order to fully cover its energy needs and rationalize its energy costs, the company installs photovoltaic systems, thus supporting the use of Renewable Energy Sources in line with its ecological consciousness by reducing its carbon footprint. At the same time, the Group's investments, through banks, are made in a portfolio that includes only sustainable portfolio investments. Construction segment The Company’s environmental policy in the construction segment includes full observance and implementation of all the approved environmental conditions that are defined for every project undertaken. Approved environmental conditions are mainly determined by the competent bodies of the State, which act as Owners of the Projects constructed by the Company, without the Company being involved in the relevant approval procedures. However, as the project contractor, the Company is under obligation to fully comply with them. Moreover, in terms of accompanying (according to the environmental legislation) the main projects undertaken, the Company is responsible for determining and approving the environmental conditions that must be applied. In this process, it cooperates with the expert consultants - environmentalists, who propose the specific terms and the Company supervises the approval process conducted by the competent environmental authorities. Obviously, once the terms have been determined, the Company remains responsible for their observance and implementation. Indicatively, observance of the environmental terms and conditions and the measures taken and implemented by the Company, in accordance with the Greek legislation, concern the following areas: i. Excavations are limited to what is absolutely necessary and any vegetation damage is kept to a minimum. Extraction and transportation of other aggregate materials outside the project area is prohibited. Vegetable land is collected and stored for use in restoration works. ii. The required materials (backfilling, aggregates) are obtained either from active quarries in the area or from quarries - loan chambers established by the Company, obtaining any required permit.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 38 iii. Excavation products are used as a priority to meet various needs of the project, minimizing the deterioration of the existing soil morphology. Any surplus excavation products and non-hazardous construction waste are managed in accordance with the relevant ministerial decisions. iv. The smooth flow of rainwater is ensured and the rainwater collection wells affected by the project are cleaned, in order to avoid floods in case of rainfall. All the necessary measures are taken so that streams or ditches are not embanked, especially during the periods when there is a serious possibility of adverse weather events. v. All the necessary measures are taken to reduce the emissions of particulate matter as much as possible, through wetting the excavation sites according to the prevailing meteorological conditions, coverage of trucks transporting aggregates and excavation products, proper maintenance of construction vehicles, washing of tires dust and other debris on public roads, etc. vi. All fire protection measures are taken in case of fire and minimization of risk of its transmission to adjacent areas, especially those of forest nature. vii. All kinds of waste, useless materials, etc. are collected and are disposed in accordance with the effective provisions. viii. It is strictly forbidden to dispose of old / used oils on the ground, which is done in specially designed tanks. In any case, for their management, the provisions of the respective presidential decrees are applied. ix. Following the completion of the construction works of the project, any kind of construction site is removed, and the affected areas are restored as provided for in the approved environmental conditions. x. An appropriate noise measurement program is implemented in order to identify cases where the upper limits set by the environmental conditions are exceeded and to take the appropriate corrective measures. xi. An appropriate program for measurement of gaseous pollutant emissions is implemented, in order to identify cases where the upper limits set by the environmental conditions are exceeded and to take the appropriate corrective measures. Even in cases of projects that - due to their size or small impact on the environment - do not require approved environmental conditions, the Company applies almost all the above practices, in order to fulfill its basic commitment to protect the natural environment in any construction activity undertaken, private or public. SOCIAL REPORTING The Group’s contribution at technological level, at social infrastructure level, as well as at socio-economic level is significant. The Company invests in ongoing training and education of its people, in order to be able to meet the modern business requirements and developments, provide quality products and services that meet the

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 39 requirements of the market and at the same time - promote values which serve the entire society and protect the environment. In addition, its employees are getting acquainted with the new technologies through ongoing seminars and trainings in the context of the social role. SECTION F CORPORATE GOVERNANCE STATEMENT This Corporate Governance Statement is prepared in accordance with Article 152 of Law 4548/2018 as effective and Articles 9 and 18 of Law 4706/2020 as effective. Introduction The term "corporate governance" describes the way a company is managed and controlled. Corporate governance is constructed as a system of relations management between the Company's Management, the Board of Directors, shareholders, employees and other stakeholders, constituting the structure through which the Company's objectives are approached and set, the means of achieving these objectives are determined and the performance of the Management during the implementation procedures of the above can be monitored. In Greece, the corporate governance framework has been developed mainly through mandatory rules, such as Law 4706/2020 which, among other things, impose the participation of non-executive and independent non- executive members in the boards of directors of Greek companies whose shares are listed on organized market in Greece, the establishment and operation of an internal control unit and the adoption of internal operating regulations with minimum mandatory content in accordance with the above provisions. Corporate governance rules are not limited to Law 4706/2020. In order to incorporate EU directives and regulations, corporate governance rules are also established in specific legislation. A characteristic example is Law 4449/2017, which imposes, among other things, the operation of an audit committee. Moreover, corporate governance rules are included in the law on anonymous companies (Law 4548/2018). Finally, corporate governance rules are established in Corporate Governance Codes prepared by reputable bodies (see the Hellenic Corporate Governance Code). 1. Hellenic Corporate Governance Code 1.1 Notification of the Company's voluntary compliance with the Corporate Governance Code The Company decided to adopt the Hellenic Corporate Governance Code of the Hellenic Corporate Governance Council (HCGC) for Listed Companies (hereinafter the "Code"). This Code can be found on the HCGC website, at the following email address: https://www.esed.org.gr/web/guest/code-listed. In addition to the HCGC website, the Code is available to all staff and in hard copy at the Financial Services Department as well as on the official website of the Company at the following email address: https://techol.gr/uploads/files/enimerosi_ependiton/2023/to_kodikas_etairikis_diakivernisis_2021.pdf. Deviations from this Code are listed below in 1.4.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 40 1.2 Corporate Governance System Assessment The Company, as stated in the Annual Financial Report for the yea 2024, adheres to the principles of the existing regulatory framework for corporate governance, as specified by Greek legislation and particularly the provisions of paragraph 1, Article 13 of Law 4706/2020 regarding Companies and Groups listed on the Capital Market. The organization and operation of the Company's units responsible for regulatory compliance and risk management issues are set out in the revised Organizational Chart of the Company as of February 2025 and in the Company's Internal Operating Regulations as of February 2025. The Board of Directors of the Company has recognized as a priority the continuous improvement and harmonization of internal structures, policies, and procedures with the provisions of the regulatory framework. For this purpose, it has assigned the responsibility of overseeing and evaluating the Corporate Governance System to the Audit Committee, in order to direct necessary initiatives and actions and to evaluate this system with a relevant report to the Board of Directors. In accordance with Article 4 par. 1 of Law 4706/2020 as currently in force, and in compliance with the above regulatory framework, a of the Company's Corporate Governance System Assessment took place, with a reference date of 31.12.2024 and a reference period from the effective date of article 4 of Law 4706/2020 (17.07.2021). The Corporate Governance System according to the detailed definition of Article 13 of Law 4706/2020 includes the internal control system, prevention, identification and suppression of conflicts of interest, mechanisms to facilitate the exercise of shareholders' rights and finally the remuneration policy. In 2024, the priorities of the Audit Committee and the Board of Directors, as well as the relevant departments, included the review of the existing system and its evaluation in relation to: - Description of the due diligence process in the value chain and in particular in relation to products and services suppliers and customers and users of the Company's services and products. - Linking the corporate governance system to existing policies, the internal rules of procedure, specific new policies and the Code of Conduct. - Monitoring of the proposed measures for the implementation of the European Directive on the mandatory disclosure of information relating to corporate governance by companies and Groups classified as small and medium-sized enterprises, including the Company, in order to follow the criteria for compliance in proportion to their size and classification. - Systematic training and development of new skills and professional qualifications suitable for the implementation of the Company's new corporate governance system. The following areas were assessed for the evaluation of the Corporate Governance system: a) The adequacy and effectiveness of the Internal Control System, including risk management and compliance systems b) The adequacy and effectiveness of procedures for preventing, detecting and suppressing conflicts of interest c) The adequacy

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 41 and effectiveness of the communication mechanisms with shareholders in order to ensure that the exercise of their rights and the active dialogue with them are facilitated; d) The remuneration policy, which contributes to the business strategy, long-term interests and sustainability of the Company. The Audit Committee, in order to achieve the objectives set by the Company's Management in the context of adaptation and compliance with the regulatory framework for corporate governance, supported the establishment of a special Project Team in collaboration with the Regulatory Compliance Unit and with the participation of special advisors. The Project Team was responsible for the documentation of the existing policies and procedures for corporate governance and the preparation of proposals for further improvement, in line with the specific requirements of listed companies. As part of the corporate governance system assessment process, the Committee took into account the changes arising from the new EU regulatory framework for mandatory disclosure of corporate governance-related information by listed companies that are small or medium-sized enterprises, i.e. that meet the criteria of the revised Directive 2013/34/EU of the European Parliament and of the Council of June 26, 2013 on annual financial statements, consolidated financial statements, and related reports of certain types of undertakings, the amendment of Directive 2006/43/EC of the European Parliament and the Council, and the repeal of Directives 78/660/EEC and 83/349/EEC of the Council. The Company seeks compliance and harmonization with the regulatory compliance requirements of listed companies, thereby achieving both better control of risks related to regulatory compliance and adaptation and mitigation of the impacts of climate change on its activities, in line with the Group's objectives for further development. In this context, the Company's Management, taking into account the new data, is aligning its strategies with the global sustainability goals, in order to strengthen trust among stakeholders and ultimately thrive in an era where responsible business practices are not only expected but also required. The new business model for the category of small and medium-sized enterprises, that Technical Olympic S.A. is classified in, based on the consolidated results for the year 2024, namely Total assets € 223.871.977, Net turnover € 19.114.789, Total personnel: 71, is analyzed below. Technical Olympic S.A., as a holding company, serves as the parent company of the Technical Olympic Group of Companies. The Group covers a wide range of operations, primarily focusing on Shipping, Debt Management, Real Estate Management, Tourism (mainly through marina management), and Construction and Energy. The shares of "Technical Olympic S.A." are listed on the Main Market of the Athens Stock Exchange, in the sector of "Consumer Products & Services The total listed shares of the Company on the Athens Stock Exchange amount to 40.693.350 common nominal shares of nominal value € 5,00 each.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 42 The Company implements performance assessment of its operations and business model, seeking to change based on priorities that highlight new opportunities to achieve positive results for shareholders, as well as stakeholders affected by its operation. In this context, the main activities for the year 2024, according to the Group's revenue, concern the shipping and tourism segments. The business model followed by the Group in recent years, especially after the financial crisis that adversely impacted all operations, primarily in the construction sector, is characterized by efforts of restructuring and redesigning activities and its portfolio in the areas of shipping, tourism, real estate, and renewable energy sources (RES), aiming to achieve the highest possible performance based on the utilization of available resources, capital, expertise, reputation, and especially human resources. The Company, having already followed the basic principles of Corporate Governance prior to the establishment of the relevant obligation under law and with the continuous assessment of new governance principles, prioritizes timely, accurate, and two-way communication with its shareholders, employees, partners, and customers. It seeks, through continuous investments in proportion to its size and capabilities, to develop its human capital and the means to address both the risks associated with regulatory compliance and those related to potential loss of corporate reputation, credibility, and trust as key factors of the Group’s competitiveness and future sustainability and resilience. The Company recognized the deficit in sufficient appropriate knowledge, professional skills, and qualifications related to organization and management according to the requirements created for companies and groups by the new regulatory framework for corporate governance and corporate sustainability as one of the most significant risks. For this reason, the Management focused on overall collaboration with specialized consultants and promoted education of its executives as well as the adoption of good practices regarding corporate governance. The daily business conduct of the TECHNICAL OLYMPIC Group of Companies aims to realize its vision for expanding its operations and strengthening its name and presence in the domestic and global market. The long experience, excellent organization, and credibility are the foundations on which this vision is built and achieved, making the Group a leader in every segment it operates. We are convinced that organizing actions and processes, implementing compliance with regulatory frameworks, and precisely planning the future course are important factors in achieving objectives and ensuring the more effective and smooth operation of the Group. 1.3 Corporate governance practices implemented by the Company in addition to the provisions of the law The Company does not apply other practices in addition to the provisions of the current legal framework related to corporate governance.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 43 1.4 Deviations from the Corporate Governance Code and justification of such deviations. Special provisions - practices of the Code for listed companies that the Company does not apply and reasons for non-application The Company hereby declares that it applies the mandatory provisions of the Greek legislation which form the minimum requirements that must be met by any Corporate Governance Code, applied by a Company whose shares are listed only on an organized market in Greece. These minimum requirements are incorporated as of the date hereof into the aforementioned Code, which the Company has adopted and applies. The Code, however, contains, in addition to the minimum requirements, a series of special practices from which deviation is permitted, on a case-by-case basis. The Company deviates or does not apply in full certain provisions of the Code relating to "Special practices for listed companies", to the extent permitted by the current legislation. These deviations are detailed below. Hellenic Corporate Governance Code Explanation / Justification of deviation from the special practices of the Greek Corporate Governance Code 1.16 The internal regulation of the Board of Directors is drawn up in compliance with the principles of the Code or otherwise explaining the deviations. The Board of Directors internal regulations deviate from the following Code principles: 2.2.21, 2.2.22, 2.2.23, 2.4.14 and 3.3.4. based on the justifications, presented below. 2.2.21 The Chair shall be elected by the independent non-executive members. In the event that the Chair is elected by the non-executive members, one of the independent non-executive members shall be appointed, either as vice-chair or as a senior independent member (Senior Independent Director)) For the positions of Chairman and Vice-Chairman, the provisions of Law 4706/2020 and Law 4548/18 are followed. Specifically, the Chairman of the Board of Directors is elected by the executive members, while the Vice-Chairman is elected by the non-executive members of the Board. The Company places particular emphasis on the role of the Chairman of the Board of Directors and its impact as an executive member, given the Company's size and the need for continuity and consistency. 2.2.22 The independent non-executive Vice-Chair or Senior Independent Director shall, as appropriate, have the following responsibilities: - to support the Chair, to act as a liaison between the Chair and the members of the Board of Directors, to coordinate the independent non-executive members and lead the evaluation of the Chair. The Vice-Chairman is not an independent member of the Board of Directors. The Board of Directors is composed of an appropriate balance of executive, non- executive, and independent non-executive members based on the size of the Company, ensuring that decision-making is not dominated by one individual or a small group of individuals. The independent members of the Board of Directors are elected directly by the

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 44 General Meeting and meet independence criteria, thereby ensuring the interests of minority shareholders in decision-making. Furthermore, the overall protection of the interests of minority shareholders is ensured through the direct election of the Chairman of the Audit Committee by the General Meeting of shareholders, who is independent of the Board of Directors. Considering the above, along with the clear allocation of responsibilities between the Board of Directors and the executive management of the Company, the appointment of an independent non-executive Vice- Chairman or a senior independent director is not deemed necessary 2.2.23 Where the Chair is an executive, then the independent non-executive vice-chair or the senior independent member (Senior Independent Director) shall not replace the Chair in his executive duties. The Vice-Chairman does not replace the Chairman in his executive duties. 2.4.14 The contracts of the executive members of the Board of Directors provide that the Board of Directors may require the refund of all, or part of the bonus awarded, due to breach of contractual terms or incorrect financial statements of previous years or generally based on incorrect financial data, used for the calculation of this bonus. The remuneration policy of the Board of Directors does not provide for granting bonuses. This article is therefore not applicable. 3.3.4 The Board of Directors collectively, as well as the Chair, the Chief Executive and the other members of the Board of Directors are evaluated annually for the effective fulfillment of their duties. At least every three years this evaluation shall be facilitated by an external consultant. The Company conducts the legally required assessment of the suitability of its board members (by the Nomination Committee responsible for reviewing the criteria included in the suitability policy). In this context, it does not consider it necessary, at this stage, to facilitate the assessment of BoD members by an external consultant every three years Board of Directors Role and responsibilities of the Board of Directors At the beginning of every calendar year, the Board of Directors adopts a calendar of meetings and an annual action plan, which can be revised according to the needs of the Company. Since all the members of the BoD are residents of the region of Attica, it is easy to convene and hold a meeting of the Board of Directors, when it is required by the Company or the law, without the existence of a predetermined action plan. (1.17)

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 45 Reporting data 2024 BoD COMPOSITION. MEMBERS MEN WOMEN EXECUTIVE 2 1 NON-EXECUTIVE 1 1 INDEPENDENT 2 0 Participation of Members of the BoD in the Committees of the BoD BoD COMMITTEES COMPOSITION COMMITTEE INDEPENDENT MEMBERS (NON- EXECUTIVE) NON-EXECUTIVE MEMBERS THIRD PARTY ELECTED BY THE BoD AUDIT 2 MEN 1 MAN NOMINATIONS 2 MEN 1 MAN REMUNERATION 2 MEN 1 MAN Number of BoD Committees Meetings BoD Committee Number of Meetings held in 2024 Participation of the Committee Members (%) Audit 10 100% Nominations 1 100% Remuneration 2 100% Size and Composition of the Board of Directors -The Company has ensured diversity among the members of the Board of Directors. For senior management positions, the goal is to cover future openings/replacements with suitable candidates, taking into account market data and the Company's needs, in order to balance the representation of both genders (Article 2.2.15 of the HCGC). - Members of the Board of Directors are not restricted in the number of positions they hold on the Boards of Directors of other companies, since their availability is considered at the time of election (Articles 2.2.17 & 2.2.18 of the HCGC). - The Chairman of the Board of Directors is an executive member of the Board of Directors and is elected by the Board of Directors. For the position of Chairman, as well as that of Vice-Chairman, the provisions of Law 4706/2020 and Law 4548/18 are followed. In particular, the Chairman of the Board of Directors is elected by the executive members, while the Vice-Chairman is elected by the non-executive members. The Company places particular emphasis on the role of Mr. Stengos as Chairman of the Company and as an executive member (Article 2.2.21 of the HCGC).

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 46 - Committee members are appointed for a period equal to the term of the members of the Board of Directors. Reappointment of committee members is always possible. There is no provision regarding the non-exceedance of nine (9) years in total for the participation (non-independent) of members in the remuneration and nomination committee (Articles 2.3.12 & 2.4.11 of the HCGC). - The overall remuneration of the Chairman of the Board of Directors, the Chief Executive Officer, as well as the members of the Board of Directors, both executive and non-executive, is provided for by the remuneration policy approved by the Regular General Meeting of Shareholders of the Company on 15/07/2021. They are specified by the proposals of the Remuneration Committee and the decisions of the Board of Directors, and are adequately disclosed in the financial statements, pursuant to Law 4548/2018, and in the Remuneration Report, which the Company is obliged to publish annually under the aforementioned law, discussed and voted on consultatively by the General Meeting. No "compensation package" has been agreed for any member of the Board of Directors. Operation of the Board of Directors -Currently, there is no provision for the support of the Board of Directors in the performance of its duties by a capable, specialized, and experienced corporate secretary, as the basic duties are fully served by other services of the Company (Sections 3.1.5, 3.2.1 & 3.2.2 of the HCGC). -The Board of Directors conducts a self-assessment annually. The process does not include individual evaluation of the Board members and the evaluation of committees, but only during the selection, replacement, or renewal of Board members (Sections 2.2.22, 3.3.4, 3.3.5, 3.3.8, 3.3.10, 3.3.12, 3.3.14 of the HCGC). 2. Main Characteristics of the Internal Control and Risk Management Systems in Relation to the Preparation of the Financial Statements and Financial Reports. The Company has an adequate and effective Internal Control System, which consists of all internal control mechanisms and procedures, including risk management, internal control and regulatory compliance, and covers on an ongoing basis every activity of the Company and contributes to its safe and effective operation. The Company's Internal Control System aims at the following objectives: a) consistent implementation of the business strategy, with the effective use of available resources; b) effective operation of the Internal Control Unit, whose organization, operation and responsibilities are defined by law and by its Operating Regulations; c) effective risk management, through identification and management of the essential risks associated with the business activity and operation of the Company; d) ensuring the completeness and reliability of the data and information required for the accurate and timely determination of the Company's financial position and the preparation of reliable financial statements, as well as its non-financial statement, in accordance with Article 151 of Law 4548 /2018; e) the effective compliance of the Company with the regulatory and legislative framework, as well as the internal regulations governing the operation of the Company (regulatory compliance). The Board of Directors shall ensure that the operations constituting the Internal Control System are independent of the business areas they control, and that they have the appropriate financial and human resources, as well as the powers for their effective operation, in accordance with what their role dictates. Reporting lines and division of responsibilities shall be

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 47 clear, enforceable and properly documented. The Company's Internal Control Unit shall assess the correct implementation of every internal control procedure and system, regardless of their accounting or non-accounting content, and shall assess the company by reviewing its operations, acting as a service to the Management. Its main mission is to monitor and improve the operations and policies of the Company and its subsidiaries (hereinafter the "Group") and to provide advisory support by submitting relevant proposals to the Board of Directors regarding the Internal Control System. Moreover, the Internal Audit Unit aims to provide reasonable assurance to shareholders for the achievement of the Group's goals and objectives. The Head of the Internal Audit Unit shall meet all the formal and material selection criteria provided by the legislation. The Internal Control System aims, among other things, to ensure the integrity and reliability of the data and information required for the accurate and timely determination of the Company's financial position and preparation of reliable financial statements. In relation to the process of preparing the financial statements, the Company states that the Issuer's financial reporting system uses an accounting system that is adequate for reporting to management, as well as to external users. Both the management information and the financial information to be disclosed shall include all the necessary information on an up-to-date internal control system including analyses of sales, costs/expenses, operating profit and other data and ratios. All reports to management shall include the current period's sizes compared to those of the corresponding period of the previous reporting year. All the published interim and annual Financial Statements shall include all the necessary information and disclosures on the financial statements, in accordance with the International Financial Reporting Standards, as adopted by the European Union, reviewed by the Audit Committee and fully approved by the Board of directors. Audits are applied regarding: a) identification and assessment of risks regarding the reliability of the financial statements, b) administrative planning and monitoring regarding the financial sizes, c) prevention and disclosure of fraud, d) roles/responsibilities of executives, e) closing procedure including integration (e.g. recorded procedures, accesses, approvals, agreements, etc.) and f) securing the data provided by the information systems. The Financial Services Department, supported by appropriate and experienced executives, is responsible for the preparation of the internal reports to the Management and the reports required by Law 4548/2018, the International Financial Reporting Standards and the supervisory authorities. The Management ensures that these executives are properly informed about the changes in the accounting and tax matters concerning the Company and the Group. The Company has established separate procedures for the collection of the required data from the subsidiary companies and takes care of the agreement of the separate transactions and the application of the same accounting principles by the Group companies. The purpose of the Company's Risk Management Unit is, through appropriate and effective policies, procedures and tools, to assist the Board of Directors in the identification, evaluation and management of material risks associated with the business activity and operation of the Company and the Group, adequately and effectiveness. The purpose of the Company's Regulatory Compliance Unit is to assist the Board of Directors in the full and ongoing compliance of the Company with the effective legislative and regulatory framework and the internal Regulations and Policies governing its operation, offering at all times a complete picture of the degree of achievement of this purpose.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 48 General Meeting of Shareholders and rights of Shareholders The General Meeting of the Company's shareholders is, by law, its supreme body and is entitled to decide on every case concerning the Company. It is convened and operates in accordance with the provisions of the Articles of Association and the relevant provisions of Law 4548/2018, as in force. The Company shall proceed with the required publications, and generally take the necessary measures for the timely and complete information of the shareholders for the exercise of their rights. The latter is ensured through the publication of the convocations of the General Meetings and their posting on the Company's website, which include a detailed description of the shareholders' rights and how to exercise them. 2.1 General Identification, assessment, measurement and management of risks: Identification and assessment of risks is an ongoing process that supports the formulation and documentation of the Company's strategic planning and annual business plan. The issues addressed vary depending on market conditions and may include, but are not limited to, developments and trends in the markets where the Company operates, or are important sources of raw materials, technological changes, macroeconomic indicators, and competitive environment. The Board of Directors shall assess on an annual basis the results of implementing the corporate strategy, the impact of major business risks on the corporate strategy and the Company's objectives, and the performance of internal control systems and corporate governance systems related to addressing risks associated with regulatory compliance. The systematic organization of internal control and risk recording and management systems is a priority for the Company's Management in order to support decision-making and exercise due diligence in the execution of the Company's action plan. The Board of Directors is responsible for identifying, assessing, and monitoring existing and potential risks that the Company may face, as well as for managing them. For this purpose, it takes into account the periodic and annual Reports of the Risk Management Unit and the observations of the Internal Audit Committee regarding the handling of issues or incidents that could potentially have significant adverse effects on its profitability and sustainability, either immediately or over time. The Board of Directors receives quarterly reports on the financial and operational status from each business unit and operation segment. These reports and financial information are based on a standardized process and are assessed to ensure that the decisions of the Board of Directors are implemented by the executive members and staff of the Company. a) Assessment procedure. The BoD shall receive regular reports from the Audit Committee and the internal audit service regarding the operation of the internal control systems. These reports, combined with the Board of Directors’ assessment during the year of the issues described below, allow the BoD to formulate its views on the effectiveness of the systems.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 49 The Board of Directors shall review the internal control and risk management systems of the Company on a regular basis by: • Defining the Company’s business strategy as well as business operations and sectors with medium-term and long-term estimates. A key point in this procedure is the review of business risks and opportunities and the measures taken to manage them • Evaluating and reviewing on a regular basis the operational and financial performance as well as the current developments in the current period. In this context, these returns are compared with the results of previous years in order to adopt action plans to optimize operational and financial performance. • Performing, at least annually, review and where necessary a review of the Company's risk management and security programs. • Evaluating and controlling the systems and procedures regarding the submission of reports and the preparation of the separate and consolidated financial statements • Evaluating and developing the operation of its business segments. Systems and procedures of control and risk management include: • Generation, development and implementation of unified accounting applications and procedures. • Procedures to restrict accessibility and change of the accounting plan used, in order to secure its integrity. • Policies, both for the Company and the departments, governing maintenance of the accounting books, presentation of the transactions as well as the main financial audit procedures. • Closing procedures which include submission deadlines, responsibilities, classification of accounts and notification of required disclosures. • Procedures to ensure that transactions are recognized in accordance with International Financial Reporting Standards. • Review, on a regular basis, of the accounting principles and policies implemented and ensure that they are updated and communicated to the appropriate staff. • Application of appropriate forms of corporate reporting, both for financial reporting purposes and for administrative information purposes. • Conducting, on a monthly basis, analysis of discrepancies between actual, budgeted and comparative results to identify unusual transactions and to ensure the accuracy and completeness of the results. • Policies and procedures for significant agreements, inventory procedures, payment procedures. • Preparation, on a monthly basis, of detailed information, both at separate, per activity / subsidiary, and at a consolidated level to the Management.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 50 b) Information Technology (IT) Systems The IT systems that have been developed are designed to support the long-term goals of the Company and are managed by the IT Manager with a professionally trained Information Systems Management Outsourcing Team. Appropriate policies and procedures are implemented that cover important areas of the business. Some of the most significant procedures applied throughout the Company are the following: Safety Procedures: a) Backup (Daily - Monthly - Annual) b) Restoration Procedure c) Disaster Recovery Plan (procedures to be followed in case of disaster) d) Server room security e) Incident Log. Protection Procedures: a) Antivirus Security b) Ε-mail Security c) Firewall However, the Company has identified weaknesses in the management of user access and passwords as well as weaknesses in the information security governance framework (e.g. password management policy, there is no written process where changes are requested, implemented and controlled by end users, i.e. ticketing system) and prepares a plan to solve them. Moreover, it has gradually planned to upgrade the outdated software systems (indicatively Windows Server 2003R2, Windows Server 2012R2, MS SQL 200). Planning and monitoring / Budgeting: The Company’s course of development is monitored through a financial budget. The development of the Company's financial sizes largely depends on external factors such as energy prices, building materials and other market factors. For this reason, the budget is adjusted to take these changes into account. The Company's Management monitors the development of the Company's financial sizes through regular reports, as well as meetings of the management team. Adequacy of the Internal Control System: The internal control system implemented by the Company is supervised by the Audit Committee of the Board of Directors, which shall report directly to the Board of Directors. It shall ensure continuous oversight and evaluation

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 51 of its effectiveness over time, through its annual reports. The Internal Audit Unit shall develop and implement the annual internal audit and control program in accordance with the guidelines of the Internal Audit Committee. This program shall cover the services and subsidiaries of the Company. The Internal Audit Unit shall collaborate with the Risk Management Unit to verify the information related to the identification and assessment of various risks and the adequacy of the existing policies and systems for their appropriate mitigation. The adequacy of the Internal Control System shall be systematically monitored by the Audit Committee through quarterly reports received from the Head of Internal Audit. Prevention and suppression of financial fraud: In the context of risk management, the areas considered to be at high risk for financial fraud are monitored with appropriate control systems and correspondingly increased security measures. Indicative examples are the existence of an organizational chart, operating regulations, as well as detailed procedures and approval limits. Furthermore, in addition to the control mechanisms implemented by every department, all the Company's operations are subject to audits by the Internal Audit Unit. Internal Operating Regulations: The Company has prepared relevant Internal Operating Regulations, which have been approved by the Board of Directors. Within the framework of the Regulation, the responsibilities of the basic jobs are also defined, thus promoting the adequate separation of responsibilities within the Company. Controls in information systems: The Company has developed a monitoring and control framework for its information systems, which is defined by separate control mechanisms, policies and procedures. Among them is the determination of specific access rights for all employees depending on the position and role they hold, while a relevant log of access to the Company's systems is also kept. 2.2 Financial statement preparation procedure controls As part of the preparation procedures of the Company's financial statements, specific controls exist and operate, which are related to the use of tools and methodologies commonly accepted based on international practices. The main areas in which controls operate related to the preparation of the Company's financial reports and financial statements are the following: Organization - Distribution of Responsibilities - The assignment of responsibilities and authorities both to the Company's senior management and to its middle and junior executives, ensures strengthening of the effectiveness of the Internal Control System, while preserving the required distribution of responsibilities.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 52 - Appropriate staffing of the financial services with employees who have the required technical knowledge and experience for the responsibilities assigned to them. Accounting monitoring and preparation of financial statements procedures - Establishment of accounting policies and monitoring methods. - Training and information of the personnel involved in the preparation of the Financial Statements. - Automated reviews and verifications carried out between the various information systems while requiring special approval of accounting treatments of non-recurring transactions. - Management's judgments and estimates required for the preparation of the financial statements are reviewed in every financial reporting period, in relation to the recognized risks. Internal control procedures of the financial statements -Internal audit ensures the adequacy, quality, and reliability of the data and information required for the accurate and timely assessment of the Company's financial position and the preparation of reliable financial statements, as well as for the evaluation of its non-financial position, in accordance with Article 151 of Law 4548/2018. The procedure of preparing the financial statements is designed to confirm, through specific procedures, the management's assertions to third parties and external auditors regarding the individual components of the financial statements, which are as follows: For the Balance Sheet, the existence and ownership of the elements, completeness, compliance with the accounting framework for measurement and classification. For the Income Statement, the existence of the transaction, the independence of use, completeness, accuracy, and classification based on the accounting framework. Procedures for safeguarding assets -Existence of security measures for fixed assets, inventory, cash equivalents, and other assets of the Company, such as physical security of cash and warehouses, physical count and comparison of counted quantities with those in the accounting records, adequate asset security, and other measures. 3. Board of Directors 33.1. Composition and operation of the Board of Directors The role, responsibilities, and relevant duties of the Board of Directors (BoD) are described in the Company's Articles of Association (Articles 10-16), as well as in the Board of Directors' Operating Regulations and the Company's Internal Operating Regulations. In the context of Law 4706/2020 on Corporate Governance and in accordance with Article 3 of the aforementioned law, the Company has established a Suitability Policy of the Board Members, which defines the principles regarding the selection or replacement of members, the criteria for assessing their suitability, and the provision for diversity criteria, in accordance with the guidelines published on 18.09.2020 through a relevant circular by the Hellenic

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 53 Capital Market Commission. The Commission, exercising responsibilities as provided for by the legal and regulatory framework, evaluated the existing composition of the Board of Directors, in accordance with Law 4706/20. During the assessment, the following were recorded: a) the gender representation, which is defined by law to be not less than 25% of the total number of Board members. 2 women participate in the Board of Directors, meeting the requirements of article 3A of Law 4706/2020. b) the Board of Directors shall consist of seven members, comprising three (3) executive and four (4) non- executive members, two (2) of which are independent members. For the independent non-executive members, the Committee, at its meeting on 20/12/2024, conducted a new assessment to verify compliance with the independence requirements of paragraphs 1 and 3 of Article 9 of Law 4706/20, which did not result in any findings. In this regard, at its meeting of 27/12/2024 the Board of Directors, following a recommendation of the Committee, confirmed that during the year 2024, all the members of the BoD met the individual criteria required by the Suitability Policy, namely adequacy of knowledge and skills, integrity and reputation, absence of conflicts of interest, independence of judgment, willingness to dedicate sufficient time, and that the independent non- executive members met the independence criteria as stated in paragraphs 1, 2, and 3 of Article 9 of Law 4706/2020: 1. They do not directly or indirectly hold a rate of voting rights exceeding zero point five percent (0.5%) of the share capital of the Company. 2. They are exempt from financial, business, family, or other types of dependent relationships that could influence their decisions and independent and objective judgment. In particular, they do not have a dependency relationship under the following forms: 2.1. They do not receive any significant remuneration or benefits from the Company, or from any entity associated with it, nor do they participate in any stock option scheme or any other performance-related compensation system, apart from the remuneration for their participation in the Board of Directors or its committees, nor do they participate in receiving long-term benefits within the framework of a pension scheme, including deferred benefits, for previous services to the Company. 2.2. They themselves or a person closely related to them have not had or have a business relationship during the last three (3) financial years prior to their appointment, either with the Company, or with a person associated with the Company, or with a shareholder holding directly or indirectly a shareholding equal to or greater than ten percent (10%) of the share capital of the Company during the last three (3) financial years prior to their

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 54 appointment, or with a person associated with such company, which relationship affects or may affect the business activity of either the Company, themselves, or a person closely related to them. Such a relationship exists especially when the person is a significant supplier or a significant customer of the Company. 2.3. They themselves or a person closely related to them: a) Have not served as members of the Board of Directors of the Company or a company associated with it for more than nine (9) consecutive financial years at the time of their appointment, b) Have not held managerial positions or maintained an employment, work, service, or commissioned relationship with the Company or a company associated with it during the last three (3) financial years prior to their appointment, c) Have no blood or marital relationship up to the second degree or are spouses or partners equated to spouses of a member of the Board of Directors or senior management or shareholder holding directly or indirectly a shareholding equal to or greater than ten percent (10%) of the share capital of the Company or a company associated with it, d) Do not represent shareholders holding directly or indirectly a voting rights equal to or greater than five percent (5%) in the general meeting of shareholders of the Company during their term, without written instructions, e) Have not performed mandatory audits on the Company or a company associated with it, either through a business or themselves or a relative up to the second degree by blood or marriage or spouse, during the last three (3) financial years prior to their appointment, f) Are executive members in another company, where an executive member of the Company participates as a non-executive member of its Board of Directors. 3. No person closely related to them has been appointed by a specified shareholder of the Company according to the Articles of Association, as provided for in Article 79 of Law 4548/2018. The Company’s Management and Representation The Company is managed by the Board of Directors consisting of executive and non-executive members. The Board of Directors consists of five (5) to fifteen (15) members. The current Board of Directors of the Company has seven members of four-year term. It was elected by the Extraordinary General Meeting held on 15/07/2021, constituted in a body by the decision of the Board of Directors as of 15.07.2021. The Board of Directors members status as executive or non-executive is defined by the Board of Directors (Article 5, Law 4706/20). The independent non-executive members are elected by the General Meeting or appointed by the Board of Directors in accordance with par. 4 of Article 9 of Law 4706/20, they do not fall short of one third (1/3) of the total number of its members and, in any case, is not less than two (2). If a fraction occurs, it shall be rounded to the nearest whole number.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 55 a) Responsibilities of the Chairman and Chief Executive Officer of the Board of Directors. The responsibilities of the Chairman of the BoD are defined by the Articles of Association and the Internal Operating Regulations of the Company and are as follows: • Management of the Board of Directors by setting the issues to be discussed, taking into account the Company’s issues and the suggestions of the other members and thus ensuring its effective operation. • Rational management and allocation of time available to the Board to resolve complex issues. • Smooth conduct of corporate affairs. The responsibilities of the Chief Executive Officer are defined by the Articles of Association and the Internal Operating Regulations of the Company and are as follows: • Management of the internal operation of the Company's offices, regulation and handling of relationships with employees, suppliers and customers. • Performance of the Company’s daily operations within the framework of its responsibilities, as they have been determined by the BoD. • Ensuring the faithful implementation of strategic decisions and procedures within the Company, as defined by the BoD. • Provision of directions and instructions to the executive members, the key executives and the staff of the Company, with the ultimate goal of training and developing executives capable of undertaking management positions in the future. • Identification and evaluation of business developments and prospects, in the context of the Company’s development and design of the future strategy. b) The General Meeting shall have the right to decide to increase or decrease the number of members of the Board of Directors within the limits of the statutory regulation and to elect the required members to complete the number. The General Meeting of Shareholders is the highest decision-making body of the Company and can decide on all significant issues of the Company in accordance with the law (changes to the Articles of Association, election of Board members, etc.). The Annual Regular General Meeting is held once a year within the time limits set by law, from the end of the previous financial year in order, among other things, to approve the annual separate and consolidated Financial Statements of the Company, to decide on the distribution of the results, the discharge of the members of the Board of Directors and the auditors of the Company from any liability. Decisions are made by voting and in accordance with the law and the Articles of Association, in order to ensure the participation of all shareholders in the results, whether they attend the meeting in person or vote through an authorized representative. Representatives of the Board of Directors, the Chairman of the Audit Committee, as well as the internal and external auditors attend the meeting and are available to answer shareholders' questions.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 56 The rights of the Company's shareholders are defined in the Articles of Association and Law 4548/2018 (on Sociétés Anonymes). c) Since for the fulfillment of the Company's statutory purposes, a special qualification is required, i.e. a scientific diploma or a professional degree, the undertaking and execution of the relevant projects will be carried out on behalf of the Company by the members of the Board of Directors of the Company who have acquired these qualifications, who grant the use of their diplomas or professional degrees to the Company without any additional charge or consideration (zero value) for this grant, except for the cases for which the General Meeting of shareholders wanted to decide otherwise. The above shall apply compulsorily to any natural person elected as a Director and may be so qualified, provided that such person does not renounce their election within five (5) days, without extension, from the holding of the relevant elections, by written declaration to be communicated to the Company by a bailiff. The following table presents the members of the Company's Board of Directors, as well as the start and end dates of their terms analytically for each one. Position Name Executive / Non-Executive Member Independent Member Start of the term of office End of term of office Total term of office (years) Chairman Konstantinos Stengos Executive - 15/7/2021 15/7/2025 61 Chief Executive Officer Georgios Stengos Executive - 15/7/2021 15/7/2025 22 Authorized Consultant Marianna Stengou Executive - 15/7/2021 15/7/2025 21 Vice Chairman Athanasios Klapadakis Non-Executive - 15/7/2021 15/7/2025 32 Member Marina Giotaki Non-Executive - 15/7/2021 15/7/2025 6 Member Spyridon Magliveras Non-Executive Independent 15/7/2021 15/7/2025 7 Member Dimitrios Vassilopoulos Non-Executive Independent 15/7/2021 15/7/2025 7 Loss of BoD membership 1. In the event of resignation, death or any other way of loss of membership or members of the Board of Directors, the remaining members may continue to manage and represent the Company, without replacing the missing members, provided that the number of members exceeds half of the number of members they had prior to the occurrence of the aforementioned events. In any case, there shall not be less than three (3). 2. In any case, the Board of Directors may elect members to replace members who have resigned, died or otherwise lost their status. The above election by the Board of Directors shall be made by a decision of the remaining members if there are at least three of them and shall be valid for the remainder of the term of office

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 57 of the member replaced. Such election shall be made public and announced by the Board of Directors at the next General Meeting, which may replace the elected members even if no relevant item is included in the agenda. The acts of the Board of Directors which have taken place between the election of the above-mentioned members and their replacement, if any, shall in any case be deemed valid. 3. In the event of resignation of one of the non-executive members, their replacement must also be a non- executive member. The same applies to independent members. 4. In any case, the remaining members of the Board of Directors, regardless of their number, may call a General Meeting for the sole purpose of electing a new Board of Directors. Absence / Abstention of a member of the Board of Directors 1. The prolonged absence of a member of the Board of Directors, without valid reason, who resides at the Company's registered office, from meetings or decisions of the Board of Directors for a period of more than six months, shall be considered as a resignation, which shall be deemed to have occurred as soon as the Board of Directors decides on it and the relevant entry is duly made in the minutes of the Board of Directors. 2. A member who is absent or prevented from attending may, on their own responsibility, delegate their representation on the Council to another member. The delegation of representation may be valid for one or more meetings of the Board of Directors. In the absence or disability of one of the non-executive members of the Board of Directors, the delegated representative must be a similarly non-executive member. The same shall apply to the independent members of the Board of Directors. Meetings of the Board of Directors 1. The Board of Directors may meet at the Company's headquarters whenever the law, the articles of association or the Company's needs require it, following an invitation by the Chairman or the Vice-Chairman who shall specify the exact place, time and issues to be discussed, or if requested in writing by two (2) Directors. The Board of Directors may also meet in another place outside the Company's headquarters, as long as all its members are present or represented at the meeting and no one objects to the holding of the meeting and the taking of decisions. 2. A meeting of the Board of Directors may be held by videoconference. In this case, the invitation to the board members includes the necessary information for their participation in the meeting. Any member of the Board of Directors may request that the meeting be held by videoconference if they reside in a country other than that in which the meeting is being held or if there is another important reason, in particular illness or disabilityία. 3. The Board of Directors can elect among its members by an absolute majority the Chairman and the Vice- Chairman or Vice-Chairmen, as well as among its executive members a Managing Director and one or more General Managers. It shall not be considered incompatible, for one and the same person, to be awarded two (2) positions from the aforementioned. The Chairman, when prevented from performing their duties, shall be replaced by the

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 58 Vice-Chairman or any Director appointed for this purpose by the Board of Directors. The composition of the Board of Directors takes place during the first meeting of the Board of Directors after the election of its members by the General Meeting. 4. The Chairman, and in their absence the Vice- Chairman, convenes the Board of Directors, directs the discussions, supervises the smooth preparation of the Minutes, supervises the implementation of the decisions and generally supervises the smooth conduct of corporate affairs. 5. The Managing Director directs the internal operation of the Company's Offices, regulates its relations with staff, suppliers and customers and replaces the General Manager. The awarding of the above offices and their responsibilities is both potential and revocable. 6. The General Technical Director heads the Company and directs its operations within the framework of the definitions of the Law and the decisions of the General Meeting and the Board of Directors and replaces the Managing Director. Such replacement of the Managing Director cannot be done during the meetings of the Board of Directors and since the General Manager(s) do not have the status of a Director. The General Technical Director must belong to the technical staff of the Company, as long as the Company is registered in the contracting companies, in accordance with the provisions of par. 4 of Article 7 of the PD. 472/85. 7. Every member of the Board of Directors is responsible to the Company in the management of corporate affairs. This liability does not exist if they prove that they exercised the care of a prudent businessman in the management of corporate affairs. This due diligence is judged based on the capacity of each member. This does not apply to the Managing Director, who is liable for any due diligence. Of course, this responsibility does not exist, when it arises from actions or omissions, which are based on legal decisions of the General Meeting. Moreover, there is no liability for acts or omissions based on a recommendation or opinion of an independent body or committee, operating in the Company, in accordance with the law. Every member of the Board of Directors is obliged to respect the secrets of the business. In 2024 42 meetings of the Board of Directors were held. All its members attended these meetings. The remaining decisions of the Board of Directors were taken by signing minutes, in accordance with Article 94 of Law 4548/2018. BoD quorum 1. The Board of Directors is in a quorum and meets validly, if more than half (1/2) of the Directors are present or represented in it, but at no time can the number of Directors present in person be less than three (3). To find the quorum, any resulting fraction is omitted. 2. The decisions of the Board of Directors are taken by an absolute majority of the members present and represented. In case of a tie, the vote of the Chairman of the Board of Directors prevails.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 59 3. The discussions and decisions of the Board of Directors are certified by minutes and registered in special files by law. The minutes are signed by the Chairman and the Directors who are present in person. 4. No Director may refuse to sign the minutes, if they had attended the meeting, but they may request that their disagreement be registered. 5. Copies and excerpts of the minutes of the Board of Directors that must be brought to a court or other authority are certified by the Chairman or the Deputy Chairman or, in the event of their obstruction, by the legal deputy Director. 6. The preparing and signing of minutes by all the members of the Board of Directors or their representatives is equivalent to a decision of the Board of Directors, even if there has been no previous meeting. This arrangement also applies if all the directors or their representatives agree to record their majority decision in minutes, without a meeting. The relevant minutes are signed by all the directors and entered in the minutes book. The signatures of the directors or their representatives may be replaced by an exchange of messages via email or other electronic means, to be determined, as the case may be, by decision of the Board of Directors. BoD responsibilities 1. The Board of Directors is competent to decide every act concerning the Company’s representation and management in the disposal and management of its property and in the general pursuit of the Company’s objective, representing the Company without limitation of amount or objective. 2. (a) Acts of the Board of Directors, even if they are outside the corporate purpose, bind the Company towards third parties, unless it is proven that the third party knew or should have known of the excess of the corporate objective. Compliance with the publicity formalities for the current Articles of association and its possible amendments does not constitute proof alone. (b) Any restrictions on the authority of the Board of Directors by the current Articles of association or by a decision of the General Meeting of the Company are not opposed by third parties acting in good faith, even if they have been submitted to the publicity formalities provided for by law. 3. Indicative and not limiting, the Board of Directors: (a) represents the Company before all national and foreign Courts, of all levels and jurisdictions and the Supreme Court and the Council of State, as well as before every Public, Administrative, Regional, Municipal and Professional Authority and other decentralized services through the Chairman or Deputy Chairman or any Director or other person designated by the Board of Directors, (b) decides the increase of the Share Capital in accordance with par. 2 of Article 6 of the present Articles of Association, as well as for the issuance of a joint bond loan as well as a convertible bond loan regardless of the amount, (c) decides on the establishment and abolition of construction sites and the establishment and abolition of Branches and determines the extent of these works and the jurisdiction of the Directors, determines and controls every expense related to the operation of Company, appoints and dismisses the Directors of the Company, arranging the responsibilities, obligations and remuneration of each of them, as well as the

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 60 remuneration of those charged with a special service or mandate, as long as they are not members of the Board of Directors, in which case the more specific provisions of law and the Company's Articles of Association, (d) concludes loans and other credit facilities with any conditions and collateral, (e) decides on the acquisition of real estate or the sale of the Company's real estate, concludes purchases, sales, exchanges, contractual agreements with landlords for construction of an apartment building for consideration, mortgages, pledges or leases of real estate and movable property, the acquisition and expropriation of various rights and obligations of the Company, (f) issues, accepts , endorses and discounts bills of exchange and promissory notes, bank or other cheques, in the name issued by the Company, (g) signs all kinds of Bank credits, whether on mortgages, or on pledged securities, or on open accounts and provides guarantees in favor of third parties, natural or legal persons, with whom the Company has transactions and if it decides, that this is necessary for the achievement of the corporate purpose, (h) represents the Company before any Customs Authority, performing any act for the receipt or shipment of goods, either for the interior or for the exterior, signing declarations and any other relevant customs document, which concerns the Company, (i) receives and transfers by endorsement or in any other way bills of lading and pays them, issued in the name of the Company, (j) makes discounts and advances, beneficially invests the Company's property, collects the dues in it by any natural or legal person, of private or public law, or of the State and signs any contracts with or without concessions or privileges, (k) determines the conditions of the establishment and participation of the Company in all kinds of companies and enterprises, (l) determines the general conditions of the current credit accounts and all the Company's accounts in general, (m) assigns the Company's receivables, accepts the assignment of other such, (n) determines every time the use of available funds, (o) accepts , induces and gives the oaths imposed for the Company, designating one of its members or the Company's employees for the installment of the oath, (p) negotiates, contracts, compromises, signs co- contracts, appoints arbitrators, decides on the lawsuits, filing of complaints, exercise of regular and extraordinary remedies and other remedies, accepts decisions, waives regular and extraordinary remedies, waives all or part of pleadings and trials, and decides on the registration, elimination or removal of mortgages, pre-notes, confiscations and for the abolition of lawsuits, (q) grants general or partial power of attorney to the persons it approves and appoints attorneys of the Company, providing them with the appropriate judicial power of attorney and revokes them, (r) convenes the General Meetings of shareholders, regular or extraordinary, arranges the items on their agenda, closes the accounts and the annual balance sheet of the Company and submits it with the necessary explanatory report to the General Meeting of shareholders, proposing to it the depreciations that must be made on the doubtful accounts or on the installation expenses and the necessary deductions, either for contingent losses, or for the formation of an extraordinary reserve, as well as for the dividends distributed to the shareholders, (s) proposes to the General Meeting the amendment of the Company's Articles of association, the increase and decrease of the Company capital, the extension of the duration of the Company, its liquidation, before the expiry of its contractual term and the merger with other companies and any other matter that falls under the competence of the General Meeting, (t) determines the details of issuing new shares, in accordance under the terms of the present Articles of association, in particular, it does not freely determine the number of shares, which each security can represent, (u) keeps the minutes and book minutes of the meetings and (v)

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 61 generally acts every act of management of corporate affairs unless defined otherwise in the present Articles of Association as well as the law as provided for by the mandatory law. 4. The Board of Directors may, by its decision, delegate the exercise of all its powers and responsibilities (except those which according to the law or the provisions of the present Articles of Association require collective action) or any specific act, to one or more persons, its executive members or not, determining at the same time the extent of this person's authorities. However, the responsibilities of the Board of Directors are subject to the provisions of Law 4548/2018 and the provisions of the present Articles of Association. Company Representation 1. The Company is in principle represented in Courts and out of court by its Board of Directors acting collectively 2. The Board of Directors may, by its decision, delegate the representation of the Company for all or some issues or for specific actions (with the exception of the cases for which collective action is required by the Law or by these Articles of association) to its Chairman of the Board of Directors or the Managing Director or the General Manager or to one or more of the executive members of the Board of Directors or to one or more of the Directors of the Company or to persons outside the Board (employees of the Company and not) simultaneously appointing the deputies to case of their absence or obstruction. 3. To facilitate the Company’s undertaking valid obligations, a signature placed below the Company name is required. The Chairman of the Board of Directors, the Managing Director and General Manager, either jointly or individually, each under the corporate name, have the right to such a signature. Moreover, any other person who will be authorized for this purpose by the Board of Directors of the Company has the right to sign. 4. The current service (correspondence) is signed by the Chairman of the BoD or the Managing Director or the General Manager or any other person authorized by the Board of Directors. The Chairman of the Board of Directors, the Managing Director and the General Manager acting in accordance with the respective authorizations of the Board of Directors have the general internal and external management, management and administration of the Company's operations, in all branches, and individually each one represents the Company against any third party and any Judicial or Administrative Authority, both at domestically and abroad and generally authorized by the Board of Directors in general or specifically for one or more of its acts, have in the management and representation of the Company the rights and duties granted to them of the Board of Directors indicatively and not restrictively listed in Article 15 of the present Articles of Association and in the other Articles thereof and in the conditions currently determined. They are acting and individually each according to the authorizations of the Board of Directors appoint the legal advisors and lawyers of the Company, accept and give the oaths imposed or induced in the Company, induce and replace them, head and have the general supervision of the Directors and all the employees of the Company and the other persons in its Service, decide the recruitment and termination of the staff in general, sign the correspondence and prepare the regulations of the internal service, ensure the

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 62 execution of the decisions taken by the Board of Directors, always exercise possible control over the managers of the Company and over the entire Service and recommend the affairs to the Board of Directors and generally manage only those tasks which were to be assigned to them by the Board of Directors. The Chairman of the Board of Directors or the Managing Director or the General Manager is replaced by one of them and in case of obstruction of both by the Director currently designated by the Board of Directors. 3.2 Information about the members of the Board of Directors According to Article 10 of the Company's Articles of Associations, the Board of Directors consists of five (5) to fifteen (15) members. The current Board of Directors of the Company has seven members. It was elected by the Extraordinary General Meeting held on 15.07.2021 and constituted in a body by the decision of the board of directors as of 15.07.2021. It consists of the following members: a. Konstantinos Stengos, Chairman, executive member. He is the founder and Chairman of the TECHNICAL OLYMPIC Group of companies. In 1955 he was admitted to the Faculty of Civil Engineering of the NTUA. In 1965 he founded the construction Company PELOPS LTD in Patras, which in 1967 obtained the highest, at that time, 5th class contractor diploma. In 1980 the Company was renamed TECHNICAL OLYMPIC S.A. and until the year 2000, when it was converted into a holding Company, it held a construction diploma of the then highest 8th class. In 1973, he founded the technical Company MOCHLOS S.A., holder of the highest 7th grade construction diploma, and in 1976 he founded the technical Company TOXOTIS S.A. In 2012, a section of the construction branch of the ongoing public engineering projects of the MOCHLOS S.A. Company was split off which was absorbed by the Company PORTO CARRAS S.A., which still holds the highest contractor degree of the 7th Class. TECHNICAL OLYMPIC S.A. and MOCHLOS SA. entered the main market of the Athens Stock Exchange in 1994, and TECHNICAL OLYMPIC S.A. remains to this day. At the end of 1996, through its subsidiaries, the TECHNICAL OLYMPIC group expanded its operations abroad (England, Germany) and since 1998 it has been expanding into other business activities (such as wind energy, the construction and operation of self-financed tourist marinas, etc.) while establishing itself in the Balkan market (Romania) for the construction of various engineering projects. In 1999, with the acquisition of 80% of the American NEWMARK HOMES Inc., listed on the NASDAQ of New York, the group expanded its operations in America, in the field of urban real estate (Homebuilding). In the same year, he acquired the "PORTO CARRAS" complex and entered the hotel, tourim and industrial segment. In 2000 he acquired 100% of the American Company ENGLE HOMES Inc. (until then, also listed on NASDAQ), thus expanding his range of operations in the American home-building market. b. Georgios Stengos, CEO, executive member. He holds a degree in Mechanical Engineering from the University of Miami and the National Technical University of Athens. From 2004 until today he is the CEO of the Technical Olympic Group S.A., from 2004 to 2014 he was the CEO of the construction Company (7th class of the Ministry of Internal Affairs) "MOCHLOS S.A.", from 2004 to 2007 he was the Executive Deputy Chairman of the American Homebuilding "TECHNICAL OLYMPIC USA" (TOUSA), listed on the NYSE, from 2002 to 2008 he was the Executive Deputy Chairman of the Company "KAZINO PORTO CARRAS SA", then listed on the Athens Stock Exchange, from 2002 until 2006 he was Deputy-Chairman of the Board of Directors of SEISET (Association of Listed Companies in A.A.) for two (2) consecutive terms and from 2001 to

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 63 2009 he was Deputy-Chairman of the development and exploitation Company of tourist marinas "DILOS MARINES SA". c. Marianna Stengou, Executive member and Authorized Advisor. She is a qualified Civil Engineer from the University of Miami, with a Master's degree in Steel Construction. She holds a license to practice from the Technical Institute of Engineering and a 4th class License from the Experienced Constructors Registries in road construction, building, hydraulic and industrial/energy projects and 3rd class in port works. Since 2000, she has been working for TECHNICAL OLYMPIC, in which, from 2014 to May 2019, she held the position of a member of the Board of Directors. From 2004 to 2008 she was a member of the Board of Directors of TOUSA Inc., listed on the NYSE. Also, Deputy Chairman of the Board of Directors of the companies Porto CARRAS S.A. and Porto CARRAS Golf S.A., from 2014 until their sale, in April 2020. She was Deputy-Chairman of the Hellenic Golf Federation in the years 2012-2020. She also served as Chairman and CEO of Toxotis S.A. from 1999 to 2004. d. Athanasios Klapadakis, Deputy Chairman Non-executive, member. He is a Civil Engineer with a degree from the University of Thessaloniki and holds a 4th class License from the Experienced Constructors Registries in road building, hydraulic and industrial/energy projects in ports. From 1978 to 1985 he worked as a freelancer with studies and constructions of many private building projects and also, as a first-class public works contractor, he executed public works of a corresponding size. From 1985 to 1992, alongside his freelance work, as a contracted executive of the central department of the Ministry of Public Works, he supervised the preparation of numerous studies and the execution of a large number of public works. From 1992 until today he was a member of the Board of Directors having previously served as General and Technical Director of companies of TECHNICAL OLYMPIC Group, with participation in all the Group operations (public and private projects, tourist and commercial activities of Group companies operating in the Porto Carras complex of Sithonia, Halkidiki from the end of 1999 until 15/ 4/2020). From 2003 to 2009, he was an independent and non-executive member of the Board of Directors of TECNICAL OLYMPIC Group companies, while simultaneously practicing as a civil engineer. From 2021 to the present, he is a non-executive member of the Techniki Group at the same time, from 2010 until today, he is the founder, full member and administrator of A. Klapadakis and Co. Ltd., with the object of techno-economic studies, supervision and provision of relevant consulting services e. Marina Giotaki, Non-executive member. Marina Giotaki has worked as an Accounting Executive of the TECHNICAL OLYMPIC Group of Companies from 29/10/2002 to 21/03/2013. She has many years of experience from her employment in accounting and other companies. f. Spyros Magliveras, Independent, Non-Executive member, holds a degree in Economics from the National Kapodistrian University of Athens, a Master's degree in Agricultural Economics from the University of London, as well as an MBA from the University of Indianapolis, USA. He has many years of experience in large Greek and multinational companies, such as the Papaellina Group, ESHA Hellas, TECHNICAL OLYMPIC Group, Boutari Group, and Halyvourgiki. g. Dimitrios Vassilopoulos, Independent Non-executive member, holds a degree in Business Administration from the Athens University of Economics. He has many years of experience, from the position of Accounting Director and Financial Director, in large Greek companies, mainly construction companies, including the Technical Olympic Group, from 10/1996 to 3/2002. He is the founder - administrator and partner of Taxacco Sole Proprietorship Ltd., with a license to operate an Office providing Accounting-Tax

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 64 services since 12/03/2005. He is still employed in Taxacco Sole Proprietorship Ltd. since his retirement in 2012 until today. It should be pointed out that the top managers existing in the Company and are not included in the above members of the Board of Directors are a) the Financial Director of the Group Christos Spingos who holds a degree in Accounting and Financial Management as well as a Master's degree in Business Administration from the Athens University of Economics and Business Administration Department. He is also a member of the Economic Chamber of Greece with a Class A Accountant / Tax Consultant license. He has served as a Manager in various positions in the Financial Department, both in Multinational and in Greek Groups of Companies from 1990 to the present, in the fields of Financial Services, Trading & Import of Vehicles, Financial Institutions, Trading of Electronic Items, Production of Consumer Products & Food, E-Commerce, Wholesale & Retail & Merchandizing & Business Consulting b) the Technical Director of the Group, Christos Zikos, who holds a degree from the School of Mechanical Engineering of the NTUA. He has served as a supervisor in Hospital, Mechanical construction projects, Irrigation projects, oil pumping and refining facilities as well as staff training in Greece and abroad. In addition, he was General Manager of the PORTO CARRAS complex. c) Vasiliki Christopoulou, the Group's Shareholder Services and Public Information Officer, who holds a degree from the University of Macedonia, Department of Financial Applications, a master’s degree from the Paris Graduate School of Management, specializing in entrepreneurship and small business management and a certificate of eligibility (D) from the Hellenic Capital Market Commission. She has been an executive for a number of years in the management of Investment Servives Firms (AEPEY) as well as in Investment Intermediation Firms (AEED). d) the Head of the Internal Audit Unit Paraskevas Manakas who holds a degree from the Department of Economics of the National and Kapodistrian University of Athens, holder of COSO Internal Control Certificate Program, a license to practice the economic profession from the Economic Chamber of Greece and a First Class Accountant / Tax Consultant license. He is a member of the Hellenic Institute of Internal Auditors and the Economic Chamber of Greece. Based on the above composition, the Board of Directors consists of three (3) executive and four (4) non-executive members, of which two (2) are independent members, considered to be independent by the Board of Directors since their election on 18/7/2018 until today, based on the provisions of Law 4706/2020. The term of office of the Board of Directors is four years, expires on 15/07/2025 and is automatically extended until the first regular General Meeting after the end of its term. In any case, the term cannot exceed five (5) years. The members of the Board of Directors, apart from their activities related to their status and their position in the Company, do not perform any other professional activities, which are significant for the Company, with the sole exception of Mr. Athanasios Klapadakis, Full Member and Administrator of A. Klapadakis and Co. Limited Partnership, with the object of techno-economic studies. The members of the Board of Directors and the main Executives who own shares, as well as their number and the percentage of the total shares of the Company are as follows:

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 65 Name/Surname of Shareholder Proportionate Shares (in items) Rate Stengos Konstantinos 16.944.645 41,64% Stengos Georgios 5.044.152 12,39% Stengou Marianna 2.295.431 5,64% 3.3. Board of Directors evaluation process The Company implements an evaluation policy for members of the Board of Directors to ensure its effective operation and fulfillment of its role as the Company's highest administration body. The members of the Board of Directors are annually evaluated on a collective basis. The procedure is conducted in the form of self-assessment based on the questionnaires maintained by the Company's Remuneration and Nomination Committee and completed by all members of the Board of Directors. This procedure is chaired by the Chairman of the Board of Directors, and its results are discussed by the Board of Directors. In addition, the Board of Directors decides whether it is appropriate to carry out the annual evaluation with the assistance of an external consultant. At the same time, the above policy of the Company provides for the evaluation of the executive members of the Board of Directors by the non-executive members (without the presence of the remaining executive members) at a special meeting, during which their performance is discussed in terms of the overall performance of the Company in relation to the budgeted objectives according to the scope of responsibility of every executive member. Once the above procedure has been completed, the evaluation report is prepared, which includes the results of the self-evaluation, a brief description of the evaluation process, a reference to the areas/points covered, the main advantages identified and the areas in need of improvement, as well as summary data on the answers given to the self-assessment questionnaire. The Board of Directors discusses the results of the self-assessment and determines any further actions deemed appropriate to be launched, based on which the relevant action plan is prepared. 3.4. Audit Committee The Company complies with the provisions and requirements of Law 4449/2017, as amended and effective, and has established an Audit Committee in order to support the Board of Directors in its duties regarding, among others, financial reporting, internal control and supervision of the statutory audit, whose composition was renewed at the Regular General Meeting held on 15.07.2021. The Audit Committee consists of two independent non-executive members of the Board of Directors, Mr. Spyridon Magliveras, an Economist, and Mr. Dimitrios Vassilopoulos, an Economist, and a third member, directly elected by the General Meeting without being a member of the BoD, Mr. Antonis Polykandriotis, an Economist. Mr. Antonis Polykandriotis has been appointed the Chairman of the Audit Committee.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 66 According to the decision of the Regular General Meeting on 15.07.2021, the term of the committee is the same as the term of the Board of Directors, i.e. it ends on 15.07.2025, can be extended until the day after the end of the Regular General Meeting, but not exceed four years. In case of resignation, death or loss of the status of the member of the Audit Committee, the Board of Directors appoints among its existing members, a new member to replace the departing one, for the period until the end of the term of office, taking into account, if the case arises, paragraphs 1 and 2 of Article 82 of Law 4548/2018, which applies accordingly. When the member described in the previous paragraph is a third person, not a member of the Board of Directors, the Board of Directors appoints a third person, not a member of the Board of Directors, as a temporary replacement, and the next General Meeting either appoints the same member or elects another, for the period until the end of his/her term in the Audit Committee. The responsibilities and obligations of the Audit Committee comprise, among others: a) monitoring the financial reporting process and submitting recommendations or proposals to ensure its integrity, b) informing the Board of Directors about the result of the statutory audit and explaining how the statutory audit contributed to the integrity of the financial reporting and what was the role of the Audit Committee in the process, c) monitoring the effectiveness of the internal control, quality assurance, risk management and regulatory compliance systems of the Company and, as the case may be, of its Internal Control Unit, as regards the financial information of the Company without infringing its independence, d) monitoring the mandatory audit of the annual separate and consolidated financial statements and in particular its degree of performance, taking into account any findings and conclusions of the Accounting Standardization and Audit Committee in accordance with par. 6 of Article 26 of Regulation (EU) no. 537/2014 and par. 5 of Article 44 of Law 4449/2017, as amended by par. 7 of Article 74 of Law 4706/2020, e) supervising and monitoring the independence of certified public accountants or auditing firms in accordance with Articles 21, 22, 23, 26 and 27, as well as Article 6 of Regulation (EU) no. 537/2014 and in particular the appropriateness of the provision of non-audit services to the entity under audit in accordance with Article 5 of Regulation (EU) no. 537/2014, f ) is responsible for the organization of the selection procedure of certified public accountants or auditing firms and recommending the certified public accountants or auditing firms to be appointed in accordance with Article 16 of Regulation (EU) no. 537/2014, unless par. 8 of Article 16 of Regulation (EU) no. 537/2014, g) giving opinions on the approval and revision of the Company's Operating Regulations, the Corporate Governance Code, as well as submitting at its discretion a proposal for the revision of these Regulations. Specifically, with regard to the external audit and the financial reporting process, the Audit Committee: a) Proposes to the Board of Directors the appointment, re-appointment (by the General Meeting of the Company's shareholders) and any (under the terms of Article 43 of Law 4449/2017, as effective) suspension of the certified public accountant, as well as the approval of the fees and the terms of appointment of the certified public accountant, b) be informed of the procedure and schedule for the preparation of the financial information by the management, c) Is informed by the certified public accountant about the annual statutory audit plan of the Company's annual separate and consolidated Financial Statements for every fiscal year, before its implementation

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 67 and assesses it, d) Examines and thoroughly analyzes the most significant issues and risks that may have an effect on the annual separate and consolidated financial statements of the Company as well as on the significant judgments and estimates of the management during their preparation, e) Ensures timely and substantial communication with the certified public accountant in view of the preparation of the audit report and its supplementary report of the latter (Article 11 of Regulation (EU) No. 537/2014) to the Audit Committee, and resolves any disputes between the management and the certified public accountant, f) Is notified about and audits the financial reports before their approval by the Board of Directors in order to assess their completeness and consistency in relation to the information that has been brought to its attention, as well as with the accounting principles applied by the Company and informs the Board of Directors accordingly. Specifically, with regard to the procedures of internal control systems, risk management, regulatory compliance and the Internal Control Unit, the Audit Committee: a) Submits to the Board of Directors a proposal for the candidate to be appointed as head of the Internal Control Unit and evaluates the staffing and the organizational structure of the Internal Control Unit and identifies any weaknesses thereof, b) Submits to the Board of Directors proposals for the internal operating regulations of the Internal Control Unit, which are approved by the Board of Directors, c) Is updated on the annual audit program of the Internal Control Unit Audit before its implementation and evaluates it, d) Gets knowledge of the work of the Internal Control Unit, its reports (regular and extraordinary), e) Monitors in general the information of the Board of Directors with the content of the aforementioned reports, regarding the Company's financial reporting, f ) Monitors the effectiveness of the internal control systems mainly through the operations of the Internal Control Unit and the operations of the certified public accountant, g) Ensures the timely notification and discussion of the problems that are identified by the Internal Control Unit with the management and recommends to the management the necessary corrective measures, h) Evaluates the management of the main risks and uncertainties of the Company and supervises their regular review. For the results of all the above actions, the Audit Committee informs the Board of Directors by submitting quarterly reports with its findings and with proposals for the implementation of corrective actions, if deemed appropriate. In 2024 (01.01.2024-31.12.2024) the Audit Committee convened 10 times and all its members attended these meetings. More specifically, the Audit Committee during the period from 01.01.2024 to 31.12.2024: • Was briefed by the CPA about the audit design, schedules, audit approach, audit scope, material size determination method, key audit matters, how to assess the most significant risks and proposed audit procedures for the annual financial statements of and the six-month financial statements of 2024. • Reviewed the financial statements of the Company (separate and consolidated), prepared in accordance with International Financial Reporting Standards (IFRS), before submitting them for approval to the Board of Directors and positively evaluated their completeness and consistency in relation to the information they have taken into account the accounting principles applied by the Company.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 68 • Upon completion of the annual statutory audit for the 2023 financial statements, it examined the issues arising and evaluated the audit results. • Examined in the context of the audit of the financial statements for 2023 the final supplementary report of the Company's statutory auditors, in connection with the audit report. • Based on all the data, the Audit Committee assessed that the key matters and significant risks highlighted during the audit process, both by the external auditors and by the Company itself, have been satisfactorily addressed. It is to be noted that throughout the preparation and review of the financial statements for 2023 the Audit Committee acted on what is mentioned in point B.i of decision 1302/2017 of the Hellenic Capital Market Commission. • Regarding the 2023 financial statements, it informed the Board of Directors about the contribution of the statutory audit to the quality and integrity of the financial reporting, that is, to the accuracy, completeness and correctness of the financial reporting approved by the board of directors and made public. At the same time, it provided information on its role in the above process, recalling the actions taken during the process of performing the statutory audit, for the integrity of the financial reporting. • It recommended to the Board of Directors for the audit of the financial statements of 2024 the appointment of the auditing firm "BDO CERTIFIED PUBLIC ACCOUNTANTS S.A.". It is to be noted that the above references to "financial statements" are both separate and consolidated. • It proposed to the Board of Directors the selection of a company for the assignment of the Carbon Footprint Report, as well as the selection of a company for the Verification of the Carbon Footprint Report within the framework of the implementation of Climate Law No. 4936/2022. • It undertook the responsibility to evaluate the Company's corporate governance system and to support the Regulatory Compliance Department in fulfilling its mission and responsibilities regarding the development and implementation of a modern and effective system in accordance with the provisions of the new regulatory framework and the requirements for the corporate governance of companies and groups listed on the capital market. As part of this process, the Committee supported the establishment of a task force consisting of company executives with the participation of specialized consultants as external collaborators to undertake the review of the Company's Corporate Governance Code and further evaluate its alignment with the new regulatory compliance framework for listed companies. Specifically, regarding the structure and procedures of the Internal Control System, the Audit Committee during the period from 01.01.2024 to 31.12.2024:

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 69 • Approved the audit plan of the Internal Control Unit for the year 2024. • Examined and evaluated the effectiveness and efficiency of the Internal Control System procedures and made recommendations. Additionally, the Audit Committee contributed to the Company's compliance improvement procedure according to Articles 1 to 24 on corporate governance of Law No. 4706/2020, and recommended the Company's collaboration with a specialized external consultant. • Worked with the Internal Auditor, while discussing the findings and conclusions on the audit reports. Great emphasis was placed in 2024 on the ongoing challenges created by the Russian -Ukrainian conflict as well as the continuation of geopolitical disruptions in the corporate context. • Monitored the implementation of the annual audit plan, through the quarterly reports of the Internal Audit department. It is clarified that the Company's Statutory Auditor, who conducts the audit of the annual and interim financial statements, does not provide any other type of non-audit services to the Company which are prohibited in accordance with the provisions of Article 5 of Regulation (EU) no. 537/2014 of the European Parliament and of the Council and Law 4449/2017, nor is it connected to any other relationship with the Company, in order to ensure in this way its objectivity and independence. 3.5. Remuneration Committee In compliance with the provisions and requirements of Law 4706/2020, the Company has established a Remuneration Committee: a) to formulate proposals to the Board of Directors regarding the remuneration policy of the Company which is submitted for approval to the General Meeting (according to Article 110 par. 2 of Law 4548/2018). b) to formulate proposals to the Board of Directors regarding the remuneration of persons falling within the scope of the Remuneration Policy. c) to assess, on a regular basis, the need to update the Company's Remuneration Policy taking into account legislative developments and best practices. d) to review, on an annual basis, the level of benefits of the Company and its subsidiaries based on the best practices and the levels of remuneration of the respective industry proposing, if deemed necessary, the necessary modifications to the level of benefits and the Remuneration Policy. e) to examine the information included in the final draft of the Company's annual remuneration report and to formulate an opinion to the Board of Directors on this, before submitting the Remuneration Report to the General Meeting (according to Article 112 of Law 4548/2018). The Remuneration Committee has three members and consists of two independent non-executive members of the Board of Directors, Mr. Spyridon Magliveras and Mr. Dimitrios Vassilopoulos, and one non-executive member

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 70 of the Board of Directors, Mr. Athanasios Klapadakis. The members of the Remuneration Committee are elected by the Board of Directors. Mr. Dimitrios Vassilopoulos, independent non-executive member of the BoD, has been appointed Chairman of the Remuneration Committee. During 2024 (01.01.2024-31.12.2024) the Remuneration Committee convened twice and all its members attended these meetings. More specifically, the Remuneration Committee during the period from 01.01.2024 to 31.12.2024, recommended to the Company's Board of Directors the Remuneration Report of the members of the Board of Directors of the financial year 2022 and made proposals to the Board of Directors regarding the remuneration of the persons who fall within the scope of the remuneration policy, in accordance with Article 110 of Law 4548/2018. 3.6. Nomination Committee In compliance with the provisions and requirements of Law 4706/2020, the Company has established a Nomination Committee in order: 1. To research and propose suitable persons, as candidates to fill the vacant positions of the Board of Directors, whenever the need arises. For this purpose, the Committee takes into account the required qualifications and abilities, in terms of specialties, knowledge and experience of the persons who should participate in the Board of Directors and in what proportions. The Committee takes into account in particular any obstacles or incompatibilities (with particular emphasis on the conditions of independence of the independent members) taking into account the relevant provisions of the effective Corporate Governance Code and the Company's Internal Operating Regulations. It evaluates and assesses the individual and collective suitability of the members of the Board of Directors. 2. To ensure, at all times, the existence of a suitable successor to the Managing Director and to inform the Board of Directors accordingly. 3. To assess and estimate the appropriateness of the structure, size and composition of the Board of Directors and to submit recommendations to it, in relation to any required changes. 4. To evaluate the suitability policy and submit proposals for the suitability policy, which includes at least adequate representation by gender. 5. To monitor and make recommendations to the Board of Directors regarding the appropriateness and adequacy of the policy followed by the Company's Management for the selection and recruitment of top managers. 6. To research and propose to the General Meeting, suitable persons, as candidates for filling the positions of the Audit Committee. In particular, to ascertain the suitability of the candidate members of the Audit Committee and the completeness/compliance with the criteria provided by paragraph 1 of Article 44 of Law 4449/2017, as effective.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 71 The Nomination Committee has three members and consists of two independent non-executive members of the Board of Directors, Mr. Spyridon Magliveras and Mr. Dimitrios Vassilopoulos, and one non-executive member of the Board of Directors, Mr. Athanasios Klapadakis. The members of the Nomination Committee are elected by the Board of Directors. Mr. Dimitrios Vassilopoulos has been appointed Chairman of the Nomination Committee. The Nomination Committee convened once during the 2024 financial year (01.01.2024-31.12.2024) and all its members attended this meeting. More specifically, the Nomination Committee during the period from 01.01.2024 to 31.12.2024, formulated proposals to the Board of Directors regarding the evaluation the individual and collective suitability of the members of the Board of Directors and the independence of the Independent Non-Executive Members of the Board of Directors in accordance with Article 110 of Law 4548/2018. 3.7. Other administrative, supervisory bodies or committees of the Company As of the date hereof, there are no other administrative or supervisory bodies or committees of the Company within the framework of the Board of Directors operation. 3.8. Diversity Policy in the composition of the Company's administrative, management and supervisory bodies The Company ensures diversity in the members of the Board of Directors. For senior managers, the aim is, taking into account the market data and the needs of the Company, to cover future openings/replacements of positions, with corresponding managers to balance the represented percentage of the two genders. In general, the Company applies diversity criteria for the selection of the members of the Board of Directors. The application of these criteria aims to promote an appropriate level of diversity in the Board of Directors and to bring together a wide range of qualifications and skills to ensure the diversity of opinions and experiences and consequently the correct decision-making. It ensures that the qualifications and skills are proportionate and relevant to the activities of the Company and its subsidiaries. Relevant to the Company's operations is understood in any case as knowledge and experience in financial, accounting, legal or technical matters. The Company strives to maintain its highest class contractor qualification and ensures that the members of its Board of Directors possess the necessary technical qualifications (the status of Public Works Contractor, registered with the Central Registry of Construction Companies).The Company does not exclude or discriminate people on the basis of sex, race, color, ethnic or social origin, religion, belief, property, birth, disability, age or sexual orientation. The Company ensures adequate representation per gender at a rate of at least 25% of all members of the Board of Directors. 3.9 Compliance procedure with the obligations arising from Articles 99 to 101 of Law 4548/2018 The Company has adopted a compliance procedure with the obligations arising from Articles 99 to 101 of Law 4548/2018, with the aim, among other things, of ensuring that its Board of Directors has sufficient information to make its decisions regarding transactions between related parties. In particular, in the context of handling

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 72 issues related to the Company's transactions with related parties, based on the effective legislation, the following actions are taken with the assistance of the Company's Departments involved: i. Preparation of rationale regarding the transaction under consideration. ii. Defining the basic terms of the transaction (financial terms and technical terms). iii. Identification of the parties and assessment of whether they are considered related under International Accounting Standard 24 and 27. iv. Evaluation of whether the transaction falls under the exceptions of Article 99 Law 4548/2018 or not. v. Making a decision on how to handle the transaction following the opinion of the Audit Committee if deemed appropriate. vi. Determination of transaction consideration. vii. Assignment a certified auditor or an auditing firm for the purpose of obtaining a report from them to assess the fairness and reasonableness of the transaction for the Company and the Shareholders who are not a related party including minority Shareholders, in accordance with Article 101 of Law 4548/2018. viii. Since the transaction is governed by the provisions of paragraph f of paragraph 3 of Article 99 of Law 4548/2018, it is assigned to the persons of paragraph 1 of Article 101 of Law 4548/2018, the expression of opinion regarding the extent to which there is sufficient protection of the interests of the Company, its subsidiary and their Shareholders who are not related parties, including Minority Shareholders, or whose interests are not endangered by the conclusion of the transaction. ix. Announcement of granting permission to prepare the transaction in accordance with the prescribed publicity rules. x. Granting permission to prepare the transaction by the Board of Directors or the General Meeting, as provided. 3.10 Suitability Policy of the members of the Board of Directors The Suitability Policy was prepared by the Company's Board of Directors and was approved by the Regular General Meeting held on 15.07.2021. Its scope includes the members of the Board of Directors. The objective of the Policy is to determine: a) the authorities regarding selection or replacement of the members of the Board of Directors as well as the renewal of the term of office of its existing members, b) the criteria for evaluating the suitability of the members of the Board of Directors, c) the diversity criteria for the selection of the members of the Board of Directors, d) the principles governing the action of the Nomination Committee and e) a transparent and efficient candidate selection process. The objective of the Policy is to ensure that the Company has the appropriate combination of knowledge, skills and experience at the level of the Board of Directors and Committees. In particular, the Policy aims to ensure the

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 73 quality staffing, efficient operation and fulfillment of the role of the Board of Directors based on the general strategy and the long-term business goals of the Company with the aim of promoting corporate interest. The purpose is to ensure the optimal staffing and smooth succession and continuity of the Company's Board of Directors, with the appropriate diversity and composition. The Board of Directors continuously monitors the suitability of its members and, where deemed necessary based on current legislation and the Suitability Policy, re-evaluates their suitability and possibly initiates their replacement. 3.11 Internal Control System evaluation report This report presents the results of the evaluation process of the Internal Control System in accordance with Article 14, paragraph 3 letter j and paragraph 4 of Law 4706/2020 and the relevant decisions of the Board of Directors of the Hellenic Capital Market Commission according to: a) the relevant provisions (Article 14, par. 3, para. j) of Law 4706/2020) regarding the obligation to adopt a policy & procedure for carrying out periodic evaluation of the Internal Control System, b) under No. 1/891/30.9.2020 decision of the Board of Directors of the Capital Market Commission "Specializations of Article 14 par. 3 para. i and par. 4, Evaluation of the Internal Control System (ICS) and the Implementation of the provisions on Corporate Governance (ED) of the law 4706/2020", as amended and effective c) the Policy and Procedure for the evaluation of the Internal Control System approved by the Board of Directors from 17/7/2021. Following the decision of the Board of Directors on 14/2/2021, the Company assigned to AMID IKE the assessment of the adequacy and effectiveness of the Internal Control System of the Company and its subsidiaries SAMOS MARINES SA and T.O International Holding Ltd, with a reporting date of December 31, 2022 and a reporting period of 17.07.2021 to 31.12.2022. AMID IKE has confirmed its independence in accordance with the International Code of Ethics for Professional Auditors of the International Accounting Standards Board (IASB Code) as incorporated into Greek Legislation, as well as the ethical requirements of EU Regulation 537/2014 and Law 4449/2017. Mr. Vasilios Monogyios, certified internal auditor was appointed as an independent assessor (CIA /IIA) / Global Account Number: 1372781. The assurance project started on 14/2/2022 and was completed on 27/3/2023 and was carried out in accordance with the scope and the audit approach incorporated into the relevant Policy included in the Company's Operating Regulations and approved by the Board of Directors. The assurance project does not deviate from the audit plan of the decision of the Hellenic Accounting and Auditing Standards Oversight Board (HAASOB) number 040/2022 and the “ISAE 3000, Assurance Engagements Other than Audits or Reviews of Historical Financial Information". Based on the work performed by the assessor regarding the assessment of the adequacy and effectiveness of the Company’s Internal Control System and its subsidiaries, we report that no material weaknesses were identified.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 74 The Company, taking into account a) the provisions of per. ι of par 3 and par. 4 of Article 14 of Law 4706/2020 and the Decision 1/891/30.9.2020 of the Board of Directors of the Hellenic Capital Market Commission, as amended and effective, and b) the Policy and Procedure for the evaluation of the Internal Control System, as approved by the Board of Directors on 17.7.2021, in 2025 will assign to an external independent evaluator the evaluation of the Group's Internal Control System (evaluation of the operation of the Internal Audit, Risk Management and Regulatory Compliance Units) with a reporting period from 01.01.2023 to 31.12.2025. 3.12 Sustainable Development Policy (ESG) The Company is not bind by the provisions of the current legislation to follow a sustainable development policy under Article 151 of Law 4548/2018, as the provisions of this article (non-financial statements), within the meaning of Annex A of Law 4308/2014, concern large companies and the Company does not fall within this category, given that the average number of its employees does not exceed five hundred (500). However, recognizing the significance of integrating the principles of sustainable development into the management of risks and opportunities considered by the Company's Management to support the overall performance of its strategy over time, the Board of Directors assigned the Regulatory Compliance Service to develop a sustainable development policy and to link it to the system, recording and assessing business risks in accordance with the provisions of the new European Directive on mandatory disclosure of information related to sustainable development and for smaller companies. The Management aims to be timely prepared to address the needs of both shareholders and other stakeholders regarding sustainable development policy and essential issues related to it, such as reducing the negative impact on factors affecting the climate change, environmental pollution and, respectively, increasing investments in actions that support the achievement of the 2030 sustainable development goals as defined at international, European and national level. In line with the importance that the Company's Management attributes to the environment-society-governance issues, the Company's staff and Management have already been made aware of and trained in this policy. 4. Remuneration of Board of Directors members The total remuneration of the members of the Company's Board of Directors is recorded in its remuneration report, prepared in accordance with Article 112 of Law 4548/2018. The remuneration policy is posted on the Company's website www.techol.gr 5. Communication with the Shareholders The Company recognizes the significance of effective, timely, and accurate communication with shareholders and the wider investment community. Following the announcement of interim and annual financial results, the consolidated financial statements, additional information, and other announcements are available on the Company's website www.techol.gr. The Shareholder Service Unit is responsible for preparing, informing, and posting relevant information on the Company's website, in order to keep both shareholders and potential investors

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 75 informed about all matters recognized as significant for the Company, including corporate governance, management and organization of its operations, and the results from the implementation of its business strategy. SECTION G Treasury shares. As at 31/12/2024 “TECHNICAL OLYMPIC S.A." held a) 1.601 shares arising from fractional rights and b) 800.850 shares arising from the share buyback program. SECTION H Information under par. 7 and explanatory report of par. 8 of Article 4 of Law 3556/2007 The Company’s share capital structure The Company’s share capital stood at € € 203.466.750 and is divided into 40.693.350 common nominal shares of nominal value € 5,00 each. All shares are registered and listed on the Athens Stock Exchange. Every common share provides the right to one vote at the General Meeting excluding treasury shares, which do not provide voting rights. Every share provides all the rights and obligations defined by Law and the Company’s Articles of Association. The liability of the shareholders is limited to the nominal value of the shares they hold. Restrictions on the transfer of the Company’s shares The transfer of the Company's shares is implemented as provided by Law and there are no restrictions on transfer in the Company’s Articles of Association. Significant direct or indirect participations within the meaning of Articles 9 to 11 of Law 3556/2007 On 31.12.2024 the following shareholders held (directly and indirectly) more than 5% of the total voting rights of the Company SHAREHOLDER PARTICIPATION RATE STENGOS KONSTANTINOS STENGOS GEORGIOS STENGOS ANDREAS STENGOU MARIANNA 41,72% 12,39% 6,46% 5,64% Shares providing special control rights There are no Company’s shares providing special control rights. Restrictions on voting rights There are no restrictions on the right to vote in the Company's Articles of Association.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 76 The Company’s shareholder’s agreements The Company is not aware of and do the Articles of Association make provisions for shareholder agreements that imply restrictions on the transfer of shares or restrictions on the exercise of voting rights. Rules for the appointment and replacement of members of the BoD and amendment of Articles of Association differing from those provided for in Law 4548/2018 The rules recorded in the Company's Articles of Association for appointment and replacement of the members of its Board of Directors and the amendment of the provisions of its Articles of Association do not differ from those provided for in Law 4548/2018. Responsibility of the BoD or its members for issuance of new shares or purchase of the Company’s treasury shares in accordance with Articles 24 and 49 of Law 4548/2018 A. In accordance with the provisions of Article 24 par. 1 a), b), c) of Law 4548/2018 and in line with the provisions of Article 6 of its Articles of Association, the Company’s Board of Directors has the right, following a relevant decision of the General Meeting subject to the required disclosure formalities, to increase the Company’s share capital by issuing new shares, following a decision made by a majority of at least two thirds (2/3) of all its members. In this case, the share capital may be increased up to the amount of the capital paid on the date the Board of Directors was granted this authority by the General Meeting. The above authority of the Board of Directors may be renewed by the General Meeting for a period not exceeding five years for every renewal. B. According to the provisions of Article 113 of Law 4548/2018, following a decision of the General Meeting, made with an increased quorum and majority, a program of distribution of shares can be established - to the members of the Board of Directors and the staff of the Company, as well as its associates, in the form of a stock option, under the more specific terms of this decision, and its summary shall be made public. The total value of the shares available may not exceed a total of 1/10 of the capital paid on the date of the decision of the General Meeting. The decision of the General Meeting must specify the maximum number of shares that can be acquired or issued, the offering price or the method of determining it, the terms of distribution of the shares to the beneficiaries and the beneficiaries or their categories. In the same decision of the General Meeting, the Board of Directors may be assigned to determine the beneficiaries or these categories, the manner of exercising the right and any other term of the share distribution program. On the other hand, according to the provisions of paragraphs 1 et seq. of Article 49 of Law 4548/2018, public limited companies, by decision of the General Meeting of their shareholders, can acquire treasury shares, whose nominal value may not exceed 10% of the paid-up capital.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31,2024) Page 77 Significant agreements that are effective, amended or expire in case of a change in the control of the Company following a public offer There are no Company’s agreements, which are effective and amended or expire in case of change in the Company’s control following a public offer. Significant agreements with members of the BoD or the Company's staff There are no Company’s agreements with the members of its Board of Directors or with its staff, which provide for payment of compensation especially in case of resignation or termination without a valid reason or termination of their term or employment due to a public offer. SECTION I Significant subsequent events to the Statement of Financial Position Except for what is disclosed in Note 9.38 of the consolidated Financial Statements, there are no events subsequent to the reporting date of the separate and consolidated Financial Statements, which relate to either the Group or the Company, and which require reporting in accordance with the International Financial Reporting Standards. Alimos, April 28, 2025 The Chairman of the Board of Directors Konstantinos Stengos

78 C. INDEPENDENT AUDITOR’S REPORT To the Shareholders of “TECHNICAL OLYMPIC S.A.” Report on the audit of the separate and consolidated financial statements Opinion We have audited the accompanying separate and consolidated financial statements of the company “TECHNICAL OLYMPIC S.A.” (the Company), which comprise the separate and consolidated statement of financial position as at December 31,2024, and the separate and consolidated statement of comprehensive income, changes in equity and cash flow for the year then ended, as well as a summary of significant accounting policies and selected explanatory notes. In our opinion, the accompanying separate and consolidated financial statements present fairly, in all material respects, the financial position of the Company and its subsidiaries (the Group) as of December 31,2024, and of their financial performance and their cash flows for the year then ended in accordance with International Financial Reporting Standards as endorsed by the European Union. Basis for opinion We conducted our audit in accordance with the International Standards on Auditing (ISAs) as they have been transposed in Greek Legislation. Our responsibilities under those standards are described in the “Auditor’s responsibilities for the audit of the separate and consolidated financial statements” section of our report. During our audit, we remained independent of the Company and the Group, in accordance with the International Ethics Standards Board for Accountants’ Code of Ethics for Professional Accountants (IESBA Code) as transposed in Greek legislation and the ethical requirements relevant to the audit of the separate and consolidated financial statements in Greece. We have fulfilled our responsibilities in accordance with the provisions of the currently enacted law and the requirements of the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Emphasis of Matter We draw your attention to Note 9.27.1 to the separate and consolidated financial statements describing the issue of examining and addressing outstanding issues related to finalization of the sale consideration of "PORTO CARRAS" complex and covering any liabilities that may arise. Therefore, the result of the disposal may differentiate. Our opinion is not qualified in respect of this matter. Key audit matters Key Audit Matters are those matters that, in our professional judgment, were of most significance in our audit of the separate and the consolidated financial statements of the current annual period. These matters and the related risks of material misstatements were addressed in the context of our audit of the separate and the consolidated financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

79 Key Audit Matters How our audit addressed the Key audit matter Measurement of non-current assets at fair value (Notes: 7.2, 7.4, 7.5, 7.7, 7.8, 7.9, 9.1, 9.4, 9.6 and 9.7) On December 31, 2024, the separate and consolidated financial statements present at fair value: • Self-owned land and buildings amounting to € 10.497 thsd, (€ 10.497 thsd for the Company) • Vehicles amounting to € 56.961 thsd • Investment property amounting to € 19.423 thsd, (€ 18.598 thsd for the Company) and • Investments in securities amounting to € 23.415 thsd, determined by the Management following the estimates of independent professional appraisers, while the separate financial statements include investments in subsidiaries amounting to € 170.547 thsd recorded at fair value. Significant value of self-owned land and buildings, vehicles, investment property and investments in securities to the Group and the Company, as well as the subjectivity and the significant judgments of the Management involved in fair value measurement make their valuation one of the key audit matters. The fair value of property, plant and equipment is determined under discounted future cash flows method when such cash flows arise from the use of assets. Determination of the fair value of investment property, which the Group's management has assigned to an independent real estate appraisal company, is based on significant estimates, related, inter alia, to the range of market leases, the lease payments adjustment factor and the discount rate. Furthermore, the fair value of investment property is determined in combination, applying the Comparative Method, considering the factors that determine the value of the above property, including comparative sales prices as well as the trends Our audit approach includes, among others, the following procedures: • Evaluation of the procedures and methods for estimating the fair value of land and vessels, which was carried out with the contribution of independent professional appraisers. • Assessment of valuation issues for the purposes of assessing assumptions and methods applied and used by the Company by executives of the audit team specialized in valuation matters. • We assessed independence, objectivity and adequacy of professional skills and abilities of independent professional appraisers the Management relied on to estimate fair value of non-current assets as at 31.12.2024. • Evaluation of the appropriateness of the method of estimating the fair value of every real estate item in relation to the acceptable methods of estimating the fair value, considering the specific characteristics and condition of every real estate item. • Evaluation of completeness and accuracy of the data included in the studies of independent professional appraisers. • Evaluation of correct use and implementation of the applied methods. • Audit of the accounting records to verify sound recording of fair value of every asset. • Evaluation of mathematical accuracy of the models/calculations. • Confirmation of the amounts presented in the financial statements with the fair values

80 in economy and real estate market, and discounted cash flows. The fair value of investments in subsidiaries and investments in securities was determined based on the Net Asset Value since it directly depends on the fair value of their non-current assets, which constitute the most significant component of their Assets. The Group's management has assigned determination of the vessel’s fair value to independent vessel appraisers that apply the Comparative Method, based on the transactions performed in the market, adjusting the value based on the vessels' characteristics and the effective time charter. The disclosures made by the Group in respect of its accounting policy as well as the judgments and estimates used under the measurement of the fair value of investment property are included in Notes 7.2, 7.4, 7.5, 7.7, 7.8, 7.9, 9.1, 9.4, 9.6 and 9.7 to the consolidated financial statements. recorded in the valuation studies of the independent professional appraisers and the Management. • Confirmation of adequacy and appropriateness of the disclosures to the financial statements. Other Matter The financial statements of the Company for the year ended 31.12.2023 were audited by another audit firm. For the above-mentioned year, the certified auditor issued a report with an unqualified opinion dated April 26, 2024. Other Information Management is responsible for the other information. The other information is included in the Board of Directors’ Report, reference to which is made in the “Report on other Legal and Regulatory Requirements” section, in the Declaration of the Board of Directors members and in any other information which is either required by Law or the Company optionally incorporated, in the Annual Report required by Law 3556/2007, but does not include the financial statements and our auditor’s report thereon. Our opinion on the separate and consolidated financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. In connection with our audit of the separate and consolidated financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the separate and consolidated financial statements or our knowledge obtained during the audit, or otherwise appears to be materially misstated. If, based on the procedures performed, we conclude that there is a material misstatement therein, we are required to communicate this matter. We have nothing to report in this respect.

81 Responsibilities of management and those charged with governance for the separate and consolidated financial statements Management is responsible for the preparation and fair presentation of the separate and consolidated financial statements in accordance with International Financial Reporting Standards, as endorsed by the European Union, and for such internal control as management determines is necessary to enable the preparation of separate and consolidated financial statements that are free from material misstatement, whether due to fraud or error. In preparing the separate and consolidated financial statements, management is responsible for assessing the Company’s and the Group’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern principle of accounting unless management either intends to liquidate the Company or the Group or to cease operations, or has no realistic alternative but to do so. The Audit Committee (art. 44 of Law 4449/2017) of the Company is responsible for overseeing the Company’s and the Group’s financial reporting process. Auditor’s responsibilities for the audit of the separate and consolidated financial statements Our objectives are to obtain reasonable assurance about whether the separate and the consolidated financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs, as they have been transposed in Greek Legislation, will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these separate and consolidated financial statements. As part of an audit in accordance with ISAs as they have been transposed in Greek Legislation, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the separate and consolidated financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s and the Group’s internal control. • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management. • Conclude on the appropriateness of Management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s and the Group’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the separate and consolidated financial statements or, if such disclosures are

82 inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company and the Group to cease to continue as a going concern. • Evaluate the overall presentation, structure and content of the separate and consolidated financial statements, including the disclosures, and whether the separate and consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation. • Plan and perform the Group audit to obtain sufficient appropriate audit evidence regarding the financial information of the entities or business units within the Group as a basis for forming an opinion on the financial statements of the Group. We are responsible for the direction, supervision and review of the audit work performed for purposes of the Group audit. We remain solely responsible for our audit opinion. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the consolidated financial statements of the audited year end and are therefore the key audit matters. Report on Other Legal and Regulatory Requirements 1. Board of Directors’ Report Taking into consideration that Management is responsible for the preparation of the Board of Directors’ Report which also includes the Corporate Governance Statement, according to the provisions of paragraph 1, cases aa’, ab’ and b’ of article 154C of Greek Law 4548/2018, we note the following: a) The Board of Directors’ Report includes the Corporate Governance Statement which provides the information required by article 152 of Greek Law 4548/2018. b) In our opinion the Board of Directors’ Report has been prepared in accordance with the applicable legal requirements of articles 150 and 153 of Greek Law 4548/2018 and its content is consistent with the accompanying separate and consolidated financial statements for the year ended 31.12. 2024. c) Based on the knowledge we obtained during our audit about the Company “TECHNICAL OLYMPIC S.A.” and its environment, we have not identified any material inconsistencies in the Board of Directors’ Report.

83 2. Additional Report to the Audit Committee Our audit opinion on the accompanying separate and the consolidated financial statements is consistent with the additional report to the Audit Committee referred to in article 11 of EU Regulation 537/2014. 3. Non-Audit Services We have not provided to the Company and its subsidiaries any prohibited non-audit services referred to in article 5 of EU Regulation No 537/2014 or other allowed non-audit services. 4. Appointment We were appointed as statutory auditors for the first time by the General Assembly of shareholders of the Company on 26.06.2024. 5. Operations’ Regulation The Company has an Operations’ Regulation in accordance with the content prescribed by the provisions of article 14 of Greek Law 4706/2020. 6. Assurance Report on European Single Electronic Format reporting Underlying Subject Matter We have undertaken the reasonable assurance work to examine the digital files of the Company “TECHNICAL OLYMPIC S.A.” (hereinafter the Company or/and the Group), that were prepared in accordance with the European Single Electronic Format (ESEF), which include the separate and consolidated financial statements of the Company and the Group for the year ended 31 December 2024 in XHTML format as well as the prescribed XBRL file «213800UFJ4FKKNS7HY05-2024-12-31-el.zip» with the appropriate tagging on these consolidated financial statements, including other explanatory information (Notes to the financial statements), (hereinafter the “Underlying Subject Matter”) in order to ascertain whether they have been prepared in accordance with the requirements set out in the section Applicable Criteria. Applicable Criteria The Applicable criteria for European Single Electronic Format (ESEF) are set out in the European Commission Delegated Regulation (EU) 2019/815, as amended by Regulation (EU) 2020/1989 (the ESEF Regulation) and the 2020/C 379/01 European Commission interpretative communication dated 10 November 2020, as provided by Greek Law 3556/2007 and the relevant announcements of the Hellenic Capital Market Commission and the Athens Stock Exchange. In summary those criteria require, inter alia, that: - All annual financial reports shall be prepared in XHTML format. - With regard to the consolidated financial statements prepared in accordance with the International Financial Reporting Standards, the financial information included in the Statement of Total Comprehensive Income, in the Statement of Financial Position, in the Statement of Changes in Equity, the Statement of Cash Flows, as well as financial information included in the notes to the financial statements shall be tagged with XBRL mark-

84 up (“XBRL tags” and “block tag”) in accordance with ESEF Taxonomy, as currently in force. The technical specifications of ESEF, including the related taxonomy, are included in ESEF Regulatory Technical Standards. Responsibilities of management and those charged with governance Management is responsible for the preparation and submission of the separate and consolidated financial statements of the Company and the Group for the year ended 31 December 2024, in accordance with the Applicable Criteria, and for such internal controls that Management determines that are necessary to enable the preparation of the digital files that are free from material misstatement, whether due to fraud or error. Auditor’s responsibilities Our responsibility is to issue this report in relation to the evaluation of the Underlying Subject Matter, on the basis of our work performed that is described below in the section “Scope of work performed”. Our work was performed in accordance with the International Standard on Assurance Engagements 3000 (Revised) “Assurance engagements other than audits or reviews of historical financial information” (hereinafter “ISAE 3000”). ISAE 3000 requires that we design and perform our work so as to obtain reasonable assurance for the evaluation of the Underlying Subject Matter against Applicable Criteria. As part of the assurance procedures, we assess the risk of material misstatement of the information related to the Underlying Subject Matter. We believe that the evidence we have obtained is sufficient and appropriate and provide a basis for our conclusion expressed in this assurance report. Professional ethics and quality management We are independent of the Company and the Group, during the whole period of this engagement and we have complied with the requirements of the International Code of Ethics for Professional Accountants issued by the International Ethics Standards Board for Accountants (IESBA Code), the ethical and independence requirements of Law 4449/2017 and EU Regulation 537/2014. Our audit firm applies the International Standard on Quality Management 1 (ISQM 1), “Quality Management for firms that perform audits or reviews of financial statements, or other assurance or related services engagements” and accordingly, maintains a comprehensive system of quality management, including documented policies and procedures regarding compliance and ethical requirements, professional standards and applicable legal and regulatory requirements. Scope of work performed Our assurance work covers exclusively the objectives set out included in the Decision No 214/4/11-02-2022 of the Board of Hellenic Accounting and Auditing Oversight Board (HAASOB) and in the “Guidelines in connection with the work and the assurance report of the Certified Public Accountants on the European Single Electronic Format (ESEF) of issuers with trading securities listed in a regulated market in Greece” dated 14/02/2022, as issued by the Institute of Certified Public Accountants, in order to obtain reasonable assurance that financial

85 statements of the Company that were prepared by management, comply in all material respects with the Applicable Criteria. Inherent limitations Our assurance work covered the objectives set out in the section “Scope of work performed” in order to obtain reasonable assurance on the basis of the procedures described. In this context, our work performed could not provide absolute assurance that all the matters that could be considered as material weaknesses will be revealed. Conclusion On the basis of the work performed and the evidence obtained, we conclude that the separate and the consolidated financial statements of the Company and the Group for the year ended 31 December 2024 prepared in XHTML format as well as the prescribed XBRL file «213800UFJ4FKKNS7HY05-2024-12-31-el.zip» with the appropriate tagging on the abovementioned consolidated financial statements, including the notes to the financial statements, are prepared, in all material respects, in accordance with the Applicable Criteria. BDO Certified Public Accountant S.A. 449 Mesogion Ave, Athens - Ag. Paraskevi, Greece Reg. SOEL: 173 Ag. Paraskevi, April 28, 2025 Certified Public Accountant Dimitrios Spyrakis Reg. SOEL: 34191

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 86 1. SEPARATE AND CONSOLIDATED STATEMENT OF FINANCIAL POSITION THE GROUP THE COMPANY Amounts in € Note 31/12/2024 31/12/2023 31/12/2024 31/12/2023 ASSETS Non-current assets Property, plant and equipment 9.1 71.842.643 84.168.055 12.685.016 11.898.786 Right-of-use assets 9.2 1.883.927 1.999.396 797 10.337 Intangible assets 47.635 9.245 7.955 9.245 Goodwill 9.3 1.178.791 - - - Investments in subsidiaries 9.4 - - 170.546.800 163.376.732 Investments in associates 9.5 960.699 3.200 2.400 2.400 Equity Instruments 9.6 23.414.524 25.268.074 - - Investment property 9.7 19.423.278 18.590.279 18.598.278 17.790.279 Other long-term receivables 9.8 13.953.046 14.393.012 1.489.927 3.846.073 Total 132.704.543 144.431.261 203.331.173 196.933.851 Current assets Inventories 9.9 9.077.865 4.952.124 - - Trade and other receivables 9.10 3.197.525 1.470.135 306.491 234.170 Other receivables 9.11 19.680.211 23.976.278 6.046.046 5.791.617 Financial assets at fair value through other comprehensive income 9.12 14.400.000 14.400.000 14.400.000 14.400.000 Financial assets at fair value through profit and loss 9.13 10.835.322 10.343.224 151.050 24.363 Cash and cash equivalents 9.14 33.976.512 22.910.334 623.263 540.020 Total 91.167.434 78.052.095 21.526.851 20.990.170 Total assets 223.871.977 222.483.356 224.858.024 217.924.022 EQUITY AND LIABILITIES Equity Share capital 9.15 203.466.750 203.466.750 203.466.750 203.466.750 Share premium 9.15 131.240.454 261.240.454 131.240.454 261.240.454 Reserves from fair value valuation of property and machinery 9.15 31.765.196 41.649.419 6.073.502 5.728.595 Reserves from valuation of financial assets at fair value through other comprehensive income 9.15 19.043.681 20.891.482 (107.924.755) (106.659.803) Other reserves 9.15 11.261.715 12.535.324 10.109.205 11.382.814 Treasury stock 9.15 (1.407.676) (1.407.676) (1.407.676) (1.407.676) Retained earnings (224.374.281) (364.910.035) (56.168.135) (188.782.941) Foreign exchange differences 9.15 (975.107) (1.390.998) - - Equity attributable to the owners of the parent 170.020.733 172.074.720 185.389.345 184.968.192 Non-controlling interests 11.611.523 13.220.649 - - Total equity 181.632.256 185.295.369 185.389.345 184.968.192 Long-term liabilities Deferred tax obligations 9.16 6.825.128 6.780.286 5.955.234 5.458.821 Employee benefit obligation due to termination 60.488 46.168 48.027 39.571 Government grants related to fixed assets 9.17 790.644 822.263 - - Long-term financial liabilities 9.18 15.372.865 11.374.074 22.775.329 16.924.365 Other long-term liabilities 9.19 2.107.468 2.199.315 40.571 39.021 Total 25.156.593 21.222.105 28.819.162 22.461.778 Short-term liabilities - Suppliers and other trade payables 9.20 3.884.235 3.540.358 631.255 517.186 Current tax liabilities 9.16 110.683 29.933 - - Short-term financial liabilities 9.18 1.761.695 1.374.483 423.627 375.569 Liabilities from contracts with customers 599.845 384.472 - - Other current liabilities 9.21 10.726.671 10.636.638 9.594.636 9.601.296 Total 17.083.129 15.965.883 10.649.517 10.494.051 Total liabilities 42.239.722 37.187.989 39.468.679 32.955.829 Total equity and liabilities 223.871.977 222.483.356 224.858.024 217.924.022 The accompanying notes constitute an integral part of these Annual Separate and Consolidated Financial Statements. Potential deviations are due to rounding.  

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 87 2. SEPARATE AND CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME THE GROUP THE COMPANY Amounts in € Note 01/01 - 31/12/2024 01/01 - 31/12/2023 01/01 - 31/12/2024 01/01 - 31/12/2023 Sale of charters 8.1.1 16.027.292 15.762.580 - - Sales of properties as inventories 8.1.1 2.212.500 - - - Provision of services 8.1.1 874.997 551.212 264.000 271.000 Total Sales 8.1.1 19.114.789 16.313.793 264.000 271.000 Cost of sales 9.22 (10.987.040) (11.587.742) (199.690) (1.087.466) Gross profit/(loss) 8.127.749 4.726.050 64.310 (816.466) Administrative expenses 9.22 (4.759.176) (3.906.016) (2.825.924) (2.267.006) Distribution expenses 9.22 (9.850) (17.987) - (17.987) Other expenses 9.23 (1.594.896) (1.692.786) (202.720) (1.161.930) Other income 9.23 1.751.143 2.776.485 4.841.465 968.780 Operating results before tax, financial and investment results 3.514.970 1.885.745 1.877.131 (3.294.609) Finance costs 9.24 (847.344) (1.120.538) (1.303.668) (932.708) Finance income 9.24 1.313.758 1.118.720 117.260 366.567 Other financial results 9.24 901.062 (294.549) 1 23 Income from dividend 9.25 6.471.929 3.180.804 - - Impairment of available-for-sale financial assets (5.750) - - - Profits (losses) of valuation of financial assets through profit and loss 9.13 559.788 815.698 14.037 5.157 Profit / (loss) from investments (24.055) - - - Profits / (losses) from valuation of owner-occupied and investment property 9.7 961.000 602.884 936.000 587.884 Percentage of associates results (14.201) - - - Profits / (losses) before tax 12.831.155 6.188.764 1.640.761 (3.267.686) Income tax 9.26 (283.906) (230.149) (399.628) (322.869) Profits / (losses) for the period after tax from continuing operations 12.547.249 5.958.615 1.241.133 (3.590.555) Result from discontinued operations 9.27 (6.242.906) (3.892.674) (17.417) (50.741) Profits / (losses) for the period after tax 6.304.343 2.065.941 1.223.716 (3.641.296)  

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 88 THE GROUP THE COMPANY Amounts in € Note 01/01 - 31/12/2024 01/01 - 31/12/2023 01/01 - 31/12/2024 01/01 - 31/12/2023 Other comprehensive income / (losses) for the period Items that will not be subsequently classified in the income statements: Revaluation of the employee benefit obligation (3.845) (522) (2.259) (60) Deferred tax from Revaluation of the employee benefit obligation 852 - 497 - Revaluation of own-used fixed assets at fair value 9.1 (7.279.522) (9.444.457) 561.432 523.889 Deferred tax from revaluation of own-used fixed assets at fair value 9.16 165.897 (204.462) (97.281) (111.784) Acquisitions of equity shares - (313.700) - (313.700) Revaluation of Equity Instruments and financial instruments at fair value through comprehensive income 9.4 & 9.6 (1.847.800) (5.046.240) (1.264.952) (11.297.172) Revaluation of financial instruments at fair value through comprehensive income 9.12 - 10.855.000 - 10.855.000 Deferred tax on valuation of Securities and financial instruments at fair value through comprehensive income 9.16 - (2.388.100) - (2.388.100) Total (8.964.418) (6.542.482) (802.563) (2.731.927) Items that may be subsequently classified in the income statements: Exchange rate differences from conversion of financial statements of foreign operations 480.833 (224.264) - - Deferred tax from revaluation/depreciation of reserves from real estate valuation at current values - - - 2 Total 480.833 (224.264) - 2 Other comprehensive income after tax for the period (8.483.585) (6.766.746) (802.563) (2.731.925) Total comprehensive income for the period: (2.179.243) (4.700.805) 421.153 (6.373.221)

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 89 THE GROUP THE COMPANY Amounts in € 01/01 - 31/12/2024 01/01 - 31/12/2023 01/01 - 31/12/2024 01/01 - 31/12/2023 Results for the period attributable to: Owners of the parent 11.561.304 5.084.810 1.241.133 (3.590.556) Non-controlling interests 985.945 873.805 - - From continuing operations 12.547.249 5.958.615 1.241.133 (3.590.556) Owners of the parent (6.242.906) (3.892.674) (17.417) (50.741) From discontinued operations (6.242.906) (3.892.674) (17.417) (50.741) THE GROUP THE COMPANY Amounts in € 01/01 - 31/12/2024 01/01 - 31/12/2023 01/01 - 31/12/2024 01/01 - 31/12/2023 Total comprehensive income attributable to: Owners of the parent (2.053.988) (3.909.520) 421.153 (6.373.221) Non-controlling interests (125.255) (791.284) - - Total comprehensive income for the period (2.179.243) (4.700.805) 421.153 (6.373.221) THE GROUP THE COMPANY Amounts in € 01/01 - 31/12/2024 01/01 - 31/12/2023 01/01 - 31/12/2024 01/01 - 31/12/2023 Basic earnings per share (€/share) from continuing operations 0,2898 0,1274 0,0311 (0,0900) Basic earnings per share (€/share) from discontinued operations (0,1565) (0,0976) (0,0004) (0,0013)

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 90 Amounts in € 01/01 - 31/12/2024 01/01 - 31/12/2023 01/01 - 31/12/2024 01/01 - 31/12/2023 Profit before tax 12.831.155 6.188.764 1.640.761 (3.267.687) Plus: Financial results (1.367.475) 296.368 1.186.406 566.118 Plus: Investment results (7.948.711) (4.599.386) (950.037) (593.040) Plus: Depreciation and amortization 5.345.454 6.903.947 376.943 340.046 EBITDA from continuing operations 8.860.424 8.789.692 2.254.074 (2.954.564) EBITDA from discontinued operations (63.661) - - - EBITDA 8.796.763 8.789.692 2.254.074 (2.954.564) The accompanying notes constitute an integral part of these Annual Separate and Consolidated Financial Statements. The results of the discontinued operations are separately presented and analyzed in Note 9.27 in line with the provisions of IFRS 5 “Non-current Assets Held for Sale and Discontinued Operations”.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 91 3. CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Amounts in € Share capital Share premium Reserves from fair value valuation of property and machinery Other reserves Reserves from valuation of financial assets at fair value through other comprehensive income Treasury stock Retained earnings Foreign exchange differences Equity attributable to the owners of the parent Non- controlling interests Total equity Balance as at 1/1/2024 203.466.750 261.240.454 41.649.419 12.535.324 20.891.482 (1.407.676) (364.910.035) (1.390.998) 172.074.720 13.220.649 185.295.369 Changes in Equity for the year 2024 Share capital increase by minority shareholders - - - - - - - - - 137.526 137.526 Transfer of tax-free reserves under Law 4172/2013 - - - (1.273.609) - - 1.273.609 - - - - Offsetting of losses against share premium Article 35(3) of Law 4548/2018 (130.000.000) - - - - - 130.000.000 - - - - Dividends to shareholders of the parent/non-controlling interest - - - - - - - - - (1.621.397) (1.621.397) Profit / (loss) for the period - - - - - - 5.318.397 - 5.318.397 985.945 6.304.343 Readjustment to privately owned Property, Machinery and Vessels in the current year - - (6.103.379) - - - - - (6.103.379) (1.176.143) (7.279.522) Depreciation / Write off of fair value reserve - - (3.946.741) - - - 3.946.741 - - - - Reassessment of employee benefit obligation - - - - - - (3.845) - (3.845) - (3.845) Deferred tax from Reassessment of employee benefit obligation - - - - - - 852 - 852 - 852 Exchange differences for consolidation of subsidiaries / branches - - - - - - - 415.890 415.890 64.943 480.833 Deferred tax from revaluation / amortization of reserves from real estate valuation at current values - - 165.897 - - - - - 165.897 - 165.897 Revaluation of equity shares - - - - (1.847.800) - - - (1.847.800) - (1.847.800) Total Comprehensive Income for the Period - - (9.884.223) - (1.847.800) - 9.262.145 415.890 (2.053.988) (125.255) (2.179.243) Balance as at 31/12/2024 203.466.750 131.240.454 31.765.196 11.261.715 19.043.681 (1.407.676) (224.374.281) (975.107) 170.020.732 11.611.523 181.632.256  

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 92 Amounts in € Share capital Share premium Reserves from fair value valuation of property and machinery Other reserves Reserves from valuation of financial assets at fair value through other comprehensive income Treasury stock Retained earnings Foreign exchange differences Equity attributable to the owners of the parent Non- controlling interests Total equity Balance as at 31/12/2022 203.466.750 261.240.454 59.203.063 12.534.453 17.470.822 (1.093.976) (375.661.552) (1.176.645) 175.983.369 14.261.632 190.245.001 Establishment of reserves - - - 871 - - - - 871 - 871 Dividends to shareholders of the parent/non-controlling interest - - - - - - - - - (249.699) (249.699) Profit / (loss) for the period - - - - - - 1.192.136 - 1.192.136 873.805 2.065.941 Readjustment to privately owned Property, Machinery and Vessels in the current year - - (7.927.089) - - - - - (7.927.089) (1.517.368) (9.444.457) Depreciation / Write off of fair value reserve - - (10.835.526) - - - 10.835.526 - - - - Reassessment of employee benefit obligation - - - - - - (522) - (522) - (522) Exchange differences for consolidation of subsidiaries / branches - - - - - - - (214.353) (214.353) (9.911) (224.264) Deferred tax from revaluation / amortization of reserves from real estate valuation at current values - - 1.208.971 - - - (1.275.623) - (66.652) (137.810) (204.462) Revaluation of securities - - - - (5.046.240) - - - (5.046.240) - (5.046.240) Revaluation of fair value of financial assets and monetary assets - - - - 10.855.000 - - - 10.855.000 - 10.855.000 Deferred tax arising from the valuation of financial assets and monetary assets at fair value through other comprehensive income - - - - (2.388.100) - - - (2.388.100) - (2.388.100) Acquisition of equity shares - - - - - (313.700) - - (313.700) - (313.700) Total Comprehensive Income for the Period - - (17.553.644) - 3.420.660 (313.700) 10.751.517 (214.353) (3.909.520) (791.284) (4.700.805) Balance as at 31/12/2023 203.466.750 261.240.454 41.649.419 12.535.324 20.891.482 (1.407.676) (364.910.035) (1.390.998) 172.074.720 13.220.649 185.295.369 The accompanying notes constitute an integral part of these Annual Separate and Consolidated Financial Statements.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 93 4. SEPARATE STATEMENT OF CHANGES IN EQUITY Amounts in € Share capital Share premium Reserves from fair value valuation of property and machinery Reserves from valuation of financial assets at fair value through other comprehensive income Other reserves Treasury stock Retained earnings Foreign exchange differences Total equity Balance as at 31/12/2023 203.466.750 261.240.454 5.728.595 (106.659.803) 11.382.814 (1.407.676) (188.782.941) - 184.968.192 Offsetting of losses against share premium Article 35(3) of Law 4548/2018 - (130.000.000) - - - - 130.000.000 - - Transfer of tax-free reserves under Law 4172/2013 - - - - (1.273.609) - 1.273.609 - - Transactions with owners of the Company - (130.000.000) - - (1.273.609) - 131.273.609 - - Profit / (loss) for the period - - - - - - 1.223.716 - 1.223.716 Depreciation / Write off a fair value reserve - - (119.243) - - - 119.243 - - Revaluation of own-used property, plant and equipment at fair value - - 561.432 - - - - - 561.432 Deferred tax from revaluation/depreciation of reserves from property valuation at current values - - (97.281) - - - - - (97.281) Reassessment of employee benefit obligation - - - - - - (2.259) - (2.259) Deferred tax from Reassessment of employee benefit obligation - - - - - - 497 - 497 Revaluation of fair value of subsidiaries - - - (1.264.952) - - - - (1.264.952) Total Comprehensive Income for the Period - - 344.907 (1.264.952) - - 1.341.197 - 421.152 Balance as at 31/12/2024 203.466.750 131.240.454 6.073.502 (107.924.755) 10.109.205 (1.407.676) (56.168.135) - 185.389.345  

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 94 Amounts in € Share capital Share premium Reserves from fair value valuation of property and machinery Reserves from valuation of financial assets at fair value through other comprehensive income Other reserves Treasury stock Retained earnings Foreign exchange differences Total equity Balance as at 31/12/2022 203.466.750 261.240.454 5.413.426 (103.829.531) 11.382.814 (1.093.976) (185.238.520) - 191.341.417 Profit / (loss) for the period - - - - - - (3.641.297) - (3.641.297) Depreciation / Write off a fair value reserve - - (96.936) - - - 96.936 - - Revaluation of employee benefit liability - - - - - - (60) - (60) Deferred tax from revaluation/depreciation of reserves from property valuation at current values - - (111.784) - - - - - (111.784) Revaluation of own-used property, plant and equipment at fair value - - 523.889 - - - - - 523.889 Revaluation of fair value of subsidiaries - - - (11.297.172) - - - - (11.297.172) Revaluation of fair value of financial assets and monetary assets - - - 10.855.000 - - - - 10.855.000 Acquisition of equity shares - - - - - (313.700) - - (313.700) Deferred tax on valuation of financial assets and monetary assets at fair value through other comprehensive income - - - (2.388.100) - - - - (2.388.100) Total Comprehensive Income for the Period - - 315.169 (2.830.272) - (313.700) (3.544.421) - (6.373.224) Balance as at 31/12/2023 203.466.750 261.240.454 5.728.595 (106.659.803) 11.382.814 (1.407.676) (188.782.941) - 184.968.192

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 95 5. SEPARATE AND CONSOLIDATED STATEMENT OF CASH FLOWS THE GROUP THE COMPANY Amounts in € 01/01 - 31/12/2024 01/01 - 31/12/2023 01/01 - 31/12/2024 01/01 - 31/12/2023 Cash flows from operating activities Profits / (losses) for the period (before tax) 12.831.155 6.188.764 1.640.761 (3.267.687) Profit / (loss) for the period (before tax) from discontinued operations (6.242.906) (3.892.674) (17.417) (50.741) Adjustments to profit 5.950.194 (1.056.845) (3.284.013) 997.981 Total 12.538.443 1.239.246 (1.660.669) (2.320.447) Changes in Working capital (Increase) / decrease in inventories (4.125.740) (4.785.440) - - (Increase) / decrease in trade / other receivables (4.115.639) (439.558) (1.938.041) (491.810) Increase/(decrease) in liabilities 534.430 (173.089) 339.239 (638.687) Outflows for employee benefits due to retirement - (6.517) - (6.067) Total (7.706.949) (5.404.604) (1.598.802) (1.136.564) Cash flows from operating activities 4.831.494 (4.165.359) (3.259.471) (3.457.011) Less: Income tax payments (176.534) (79.563) (0) (0) Cash flow from operating activities of continuing operations 4.654.959 (4.244.922) (3.259.471) (3.457.011) Operating cash flows in discontinued operations (298.670) - - - Net cash flows from operating activities 4.356.289 (4.244.922) (3.259.471) (3.457.011) Cash flows from investing activities Acquisition of tangible fixed assets (553.431) (476.878) (462.911) (27.338) Acquisition of intangible assets (2.555) - - - Disposal of tangible assets 116.980 33.871 - 33.871 Share capital increase of subsidiaries - - (601.000) (1.500.000) Disposals of financial assets at fair value through profit or loss 3.602.402 2.407.661 392.255 - Acquisitions of investment property - (356.017) - (341.017) Establishment of Subsidiaries (540.706) - (384.000) - Acquisitions of financial assets at fair value through profit or loss (3.362.908) (2.793.676) (473.796) - Receipts from disposal of subsidiaries - 732.703 - - Acquisitions of investments in associates (972.500) - - - Cash of companies whose consolidation has been discontinued (7.894) - - - Dividends received 6.471.929 3.180.804 - - Loans granted (1.500.000) (138.344) - - Cash flow from investing activities of continuing operations 3.251.318 2.590.124 (1.529.452) (1.834.483) Investing cash flows in discontinued operations (35.617) - - - Net cash flows from investing activities 3.215.701 2.590.124 (1.529.452) (1.834.483) Cash flows from financing activities Assumed loans 6.011.762 - 5.200.002 5.852.178 Loan repayment (1.303.717) (2.613.541) - - Interest earned 1.313.758 1.118.720 117.260 366.567 Interest paid (596.635) (868.525) (52.281) (242.689) Payments of finance lease principal (572.754) (530.235) (392.816) (360.232) Acquisition of treasury stock - (313.700) - (313.700) Dividends paid to minority interest (1.621.397) (249.699) - - Net cash flows from financing activities from continuing operations 3.231.017 (3.456.980) 4.872.166 5.302.125 Financing cash flows in discontinued operations (892) - - - Net cash flows from financing activities 3.230.125 (3.456.980) 4.872.166 5.302.125 Net increase / (decrease) in cash and cash equivalents 10.802.115 (5.111.778) 83.243 10.630 Opening period cash and cash equivalents 22.910.334 28.079.967 540.020 529.390 Currency translation differences in cash equivalent 264.063 (57.856) - - Closing period cash and cash equivalents 33.976.512 22.910.334 623.263 540.020 The accompanying notes constitute an integral part of these Annual Separate and Consolidated Financial Statements.  

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 96 6. ADDITIONAL DATA AND CLARIFICATIONS 6.1. General information about the Company The Company TECHNICAL OLYMPIC S.A. was established in 1965 as a Private Limited Company under the name “PELOPS Studies & Constructions Technical Company S.A. – K. Galanopoulos and K. Stengos” with its registered offices in Patra. In 1967, it changed its legal form to a société anonyme under the title “PELOPS S.A.”. In 1980 it changed its name to “TECHNICAL OLYMPIC S.A.”. The company’s headquarters are in the Municipality of Alimos, Attiki (20, Solomou Str., Ano Kalamaki ) and it is registered in the Société Anonyme Register (S.A. Reg.) under number 6801/02/Β/86/8. The term of the company has been set to 57 years, i.e. until 22/12/2037. The initial activities of the Company during 1965 - 1970 were the study and construction of national and local road in Ilia and Achaia Prefecture, as well as the construction of various private construction projects in the area of Patras. Since 1971 the Company made a dynamic entry into other categories of construction works, made substantial investments in mechanical equipment and in construction of any kind of works (irrigation, hydraulic, sewage, harbour facilities, road constructions, buildings, electromechanical, etc.). Over the years that followed, the Company continued its development policy by proceeding to significant investments in fixed asset equipment, acquisition of shares and establishment of companied with the same or similar scope of operations in Greece and abroad. TECHNICAL OLYMPIC S.A. participates in a number of companies that are active in the construction of public and private projects, residences, exploitation and management of Samos Marina and, till 15/4/2020 - tourism and hospitality in general (operation and management of three hotels, golf facilities, operation and management of a yacht marina, etc.), in development of REAL ESTATE in Greece and abroad. In summary, the basic information about the Company is as follows: Composition of the Board of Directors Konstantinos Stengos (Chairman of the BoD) Georgios Stengos (Chief Executive Officer) Marianna Stengou (Appointed Member) Marina Giotaki (Non-Executive Member) Athanasios Klapadakis (Deputy BoD Chairman, Non-Executive Member) Spyridon Magliveras (Independent, Non-Executive Member) Dimitrios Vassilopoulos (Independent, Non-Executive Member) VAT Tax Registration Number 094105288 GEMI number 124004701000

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 97 SCOPE OF OPERATIONS TECHNICAL OLYMPIC has created a strong center for the management of participations in the domains of its operation. More specifically, the Company is active as follows: • Regarding the Group’s activity in the shipping segment, the sub-subsidiary company T.O. SHIPPING LTD has already been established and domiciled in Cyprus, which is by 100% controlled by the company HOLDINGS INTERNATIONAL LTD., a 100% subsidiary of the Company. In the context of the above, the sub-subsidiary T.O SHIPPING LTD in collaboration with other companies/investors (equity partners) participates in the establishment of companies which will then acquire participation (majority and/or minority, direct and/or indirect) in newly established ship-owning company which will proceed with the acquisition of every vessel. The Group’s strategic choice, in the context of its activity in the shipping segment, is to take advantage of any opportunities presented in the acquisition of vessels in order to generate satisfactory income for the Group from the vessel operation as well as the respective fare agreements, combined with a potential resale in the future. It already participates indirectly with a percentage of 15% in 6 companies owning an equal number of vessels and directly with a percentage of 85% in a company owning one vessel (ROMA HOLDING LLC). • In management, exploitation and indirect construction of marinas through the companies SAMOS MARINES S.A. and MARINA PYTHAGOREIOU S.A. • In the REAL ESTATE construction segment – investment property - through its participation in the companies LUXURY LIFE S.A. and TOURIST DEVELOPMENTS PORTO CARRAS S.A. in Greece, Τ.Ο.I REAL ESTATE DEVELOPMENT LLC and TREASURE PALMS DEVELOPMENT LLC in America, T.O. INTERNATIONAL GmbH and QUARTIER GRÜNER WEG GmbH in Germany and EUROROM CONSTRUCTII SRL in Romania. • In the construction segment through its subsidiary T.O. CONSTRUCTION S.A. This company has the highest (6 th grade) degree public works classification, held by PORTO CARRAS, contributed to it together with the construction segment during its spin-off. TECHNICAL OLYMPIC S.A. is the Group’s neuralgic knot, monitoring and coordinating all the companies, determining and overseeing the goals and the projects undertaken and securing the organizational and operational synergy of the different segments. Following the disposal of the shares of the companies included in PORTO CARRAS complex of CHALKIDIKI, the group’s strategy for the next period primarily has the following objectives: • Expansion of the Group's activities both - domestically and overseas - in tourism, "green" energy and Real Estate - Investment and/or Development. The Group aims at utilizing its know-how combined with its current significant liquidity, seeking to find and exploit investment and development opportunities in the above segments • Valuation and participation on a case-by-case basis of investment projects in the wider maritime segment.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 98 • Valuation and participation on a case-by-case basis in co-financed construction projects (concession projects or PPP projects). 6.2. Framework for preparation of financial statements and accounting policies 6.2.1. Basis for Presentation The Company’s annual consolidated and separate financial statements as of December 31, 2024 (hereinafter the Financial Statements) covering the annual period from January 1 to December 31, 2024 have been prepared in accordance with the International Financial Reporting Standards (hereinafter IFRS) as issued by the International Accounting Standards Board (IASB) and according to their interpretations, which have been published by the International Financial Reporting Interpretations Committee (IFRIC) of IASB and adopted by the European Union by December 31st, 2024. All the revised or newly issued Standards and Interpretation applicable to the Group and effective as at December 31st, 2024 were taken into account under the preparation of the financial statements for the current year to the extent they were applicable. No Standards have been applied before their effective date. The relevant accounting policies, summarized in Note 6, have been consistently applied to all the presented periods. The accounting principles applied under the preparation of the financial statements are the same as those followed under the preparation of the financial statements of the Group and the Company for the year ended December 31, 2023, except adopting amendments to certain standards, mandatory to be applied in the European Union for fiscal years beginning on January 1, 2024 (see Note 6.3). The accompanying Financial Statements have been prepared based on the Going Concern principle given that Management estimates that the Company and its subsidiaries have sufficient resources to ensure their smooth operation in the foreseeable future. In particular, taking into account the current and projected financial position of the Group and the Company and their liquidity levels (including the observance of medium-term budgets), the Management of the Group and the Company estimates that the use of the going concern principle is appropriate for the preparation of the accompanying annual financial statements. 6.2.2. Basis for measurement The accompanying separate and consolidated Financial Statements have been prepared based on the historical cost principle, except for tangible assets, investment property, investments in subsidiaries (separate financial statements), investments in associates and equity instruments, and Financial assets at fair value through other comprehensive income in associates and equity instruments, measured at fair value. 6.2.3. Presentation Currency Presentation currency is Euro (the currency of domicile of the Group’s Parent company) and all the amounts are recorded in Euro, unless otherwise specified. It should be noted that any differences are exclusively due to rounding.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 99 6.2.4. Use of Estimates Preparation of Financial Statements in accordance with IFRSs requires use of estimates and exercise of judgments when applying the Company’s accounting principles. Management's judgments, assumptions and estimates affect the amount at which certain assets and liabilities are measured, the amount recognized in the course of the fiscal period for certain income and expenses, and the estimates presented for contingent liabilities. Assumptions and estimates are assessed on an ongoing basis and in line with historical experience and other factors, including expectations for the outcome of future events that are reasonably considered under the circumstances. These estimates and assumptions relate to the future and, as a consequence, the actual results are likely to be different from the accounting calculations. During the preparation of these Financial Statements, the significant accounting estimates, judgments and assumptions relating to future and other principal sources of uncertainty at the date of preparation of the financial statements , which carry a substantial risk of causing significant changes in the amounts of assets and liabilities within the next fiscal year, remained the same as those applied and in force at the time of preparation of the annual financial statements of December 31, 2023. The Group's accounting principles are consistent with those applicable to the Annual Financial Statements of December 31, 2023. Areas, requiring the highest degree of judgment and the areas in which estimates and assumptions have a significant impact on the consolidated financial statements are presented in Note 6.5 to the Financial Statements. 6.3. New Standards, Interpretations, Revisions and Amendments to existing Standards that are effective and have been adopted by the European Union The following new Standards, Interpretations and amendments of IFRSs have been issued by the International Accounting Standards Board (IASB), are adopted by the European Union, and their application is mandatory from or after 01/01/2024. • Amendments to IFRS 16 “Leases: Lease Liability in a Sale and Leaseback” (effective for annual periods starting on or after 01/01/2024) In September 2022, the IASB issued narrow-scope amendments to IFRS 16 “Leases” which add to requirements explaining how a company accounts for a sale and leaseback after the date of the transaction. A sale and leaseback is a transaction for which a company sells an asset and leases that same asset back for a period of time from the new owner. IFRS 16 includes requirements on how to account for a sale and leaseback at the date the transaction takes place. However, IFRS 16 includes no specific subsequent measurement requirements for the transaction, specifically where some or all the lease payments are variable lease payments that do not depend on an index or rate. The issued amendments add to the sale and leaseback requirements in IFRS 16, thereby supporting the consistent application of the Accounting Standard. These amendments will not change the accounting for leases other than those arising in a sale and leaseback transaction. The amendments do not affect the consolidated Financial Statements. The above have been adopted by the European Union with effective date of 01/01/2024.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 100 • Amendments to IAS 1 “Classification of Liabilities as Current or Non-current” (effective for annual periods starting on or after 01/01/2024) Τhe amendments clarify the principles of IAS 1 for the classification of liabilities as either current or non‐current. The amendments clarify that an entity’s right to defer settlement must exist at the end of the reporting period. The classification is not affected by management’s intentions or the counterparty’s option to settle the liability by transfer of the entity’s own equity instruments. Also, the amendments clarify that only covenants with which an entity must comply on or before the reporting date will affect a liability’s classification. The amendments require a company to disclose information about these covenants in the notes to the financial statements. The amendments are effective for annual reporting periods beginning on or after 1 January 2024, with early adoption permitted. The amendments do not affect the consolidated Financial Statements. The above have been adopted by the European Union with effective date of 01/01/2024. • Amendments to IAS 7 “Statement of Cash Flows” and IFRS 7 “Financial Instruments: Disclosures”: Supplier Finance Arrangements (effective for annual periods starting on or after 01/01/2024) In May 2023, the International Accounting Standards Board (IASB) issued Supplier Finance Arrangements, which amended IAS 7 Statement of Cash Flows and IFRS 7 Financial Instruments: Disclosures. The new amendments require an entity to provide additional disclosures about its supplier finance arrangements. The amendments require additional disclosures that complement the existing disclosures in these two standards. They require entities to provide users of financial statements with information that enable them a) to assess how supplier finance arrangements affect an entity’s liabilities and cash flows and b) to understand the effect of supplier finance arrangements on an entity’s exposure to liquidity risk and how the entity might be affected if the arrangements were no longer available to it. The amendments to IAS 7 and IFRS 7 are effective for accounting periods on or after 1 January 2024. The amendments do not affect the consolidated Financial Statements. The above have been adopted by the European Union with effective date of 01/01/2024. 6.4. New Standards, Interpretations, Revisions and Amendments to existing Standards that have not been applied yet or have not been adopted by the European Union The following new Standards, Interpretations and amendments of IFRSs have been issued by the International Accounting Standards Board (IASB), but their application has not started yet or they have not been adopted by the European Union:

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 101 • Amendments to IAS 21 “The Effects of Changes in Foreign Exchange Rates: Lack of Exchangeability” (effective for annual periods starting on or after 01/01/2025) In August 2023, the International Accounting Standards Board (IASB) issued amendments to IAS 21. The Effects of Changes in Foreign Exchange Rates that require entities to provide more useful information in their financial statements when a currency cannot be exchanged into another currency. The amendments introduce a definition of currency exchangeability and the process by which an entity should assess this exchangeability. In addition, the amendments provide guidance on how an entity should estimate a spot exchange rate in cases where a currency is not exchangeable and require additional disclosures in cases where an entity has estimated a spot exchange rate due to a lack of exchangeability. The amendments to IAS 21 are effective for accounting periods on or after 1 January 2025. The Group will examine the impact of the above on its Financial Statements, though it is not expected to have any. The above have been adopted by the European Union with effective date of 01/01/2025. • IFRS 9 & IFRS 7 “Amendments to the Classification and Measurement of Financial Instruments” (effective for annual periods starting on or after 01/01/2026) In May 2024, the International Accounting Standards Board (IASB) issued amendments to the Classification and Measurement of Financial Instruments which amended IFRS 9 “Financial Instruments” and IFRS 7 “Financial Instruments: Disclosures”. Specifically, the new amendments clarify when a financial liability should be derecognised when it is settled by electronic payment. Also, the amendments provide additional guidance for assessing contractual cash flow characteristics to financial assets with features related to ESG-linked features (environmental, social, and governance). IASB amended disclosure requirements relating to investments in equity instruments designated at fair value through other comprehensive income and added disclosure requirements for financial instruments with contingent features that do not relate directly to basic lending risks and costs. The amendments are effective from annual reporting periods beginning on or after 1 January 2026. The Group will examine the impact of the above on its Financial Statements, though it is not expected to have any. The above have not been adopted by the European Union. • Annual Improvements to IFRS Standards-Volume 11 (effective for annual periods starting on or after 01/01/2026) In July 2024, the IASB issued the Annual Improvements to IFRS Accounting Standards-Volume 11 addressing minor amendments to the following Standards: IFRS 1 ‘First-time Adoption of International Financial Reporting Standards’, IFRS 7 ‘Financial Instruments: Disclosures’, IFRS 9 ‘Financial Instruments’: IFRS 10 ‘Consolidated Financial Statements’, and IAS 7 ‘Statement of Cash Flows’. The amendments are effective for accounting periods on or after 1 January 2026. The Group will examine the impact of the above on its Financial Statements. The above have not been adopted by the European Union.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 102 • Amendments to IFRS 9 and IFRS 7 “Contracts Referencing Nature-dependent Electricity” (effective for annual periods starting on or after 01/01/2026) On 18 December 2024 the International Accounting Standards Board (IASB) issued amendments to IFRS 9 “Financial Instruments” and IFRS 7 “Financial Instruments: Disclosures” to help companies better report the financial effects of nature-dependent electricity contracts, which are often structured as power purchase agreements (PPAs). Nature- dependent electricity contracts help companies to secure their electricity supply from sources such as wind and solar power. The amount of electricity generated under these contracts can vary based on uncontrollable factors such as weather conditions. The amendments allow companies to better reflect these contracts in the financial statements, by a) clarifying the application of the ‘own-use’ requirements, b) permitting hedge accounting if these contracts are used as hedging instruments and c) adding new disclosure requirements to enable investors to understand the effect of these contracts on a company’s financial performance and cash flows. The amendments are effective for accounting periods on or after 1 January 2026, with early application permitted. The Group will examine the impact of the above on its Financial Statements. The above have not been adopted by the European Union. • IFRS 18 “Presentation and Disclosure in Financial Statements” (effective for annual periods starting on or after 01/01/2027) In April 2024 the International Accounting Standards Board (IASB) issued a new standard, IFRS 18, which replaces IAS 1 ‘Presentation of Financial Statements’. The objective of the Standard is to improve how information is communicated in an entity’s financial statements, particularly in the statement of profit or loss and in its notes to the financial statements. Specifically, the Standard will improve the quality of financial reporting due to a) the requirement of defined subtotals in the statement of profit or loss, b) the requirement of the disclosure about management-defined performance measures and c) the new principles for aggregation and disaggregation of information). The Group will examine the impact of the above on its Financial Statements. The above have not been adopted by the European Union. • IFRS 19 “Subsidiaries without Public Accountability: Disclosures” (effective for annual periods starting on or after 01/01/2027) In May 2024 the International Accounting Standards Board issued a new standard, IFRS 19 “Subsidiaries without Public Accountability: Disclosures”. The new standard allows eligible entities to elect to apply IFRS 19 reduced disclosure requirements instead of the disclosure requirements set out in other IFRS. IFRS 19 works alongside other IFRS, with eligible subsidiaries applying the measurement, recognition and presentation requirements set out in other IFRS and the reduced disclosures outlined in IFRS 19. This simplifies the preparation of IFRS financial statements for the subsidiaries that are in-scope of this standard while maintaining at the same time the usefulness of those financial statements for their users. IFRS 19 is effective from annual reporting periods beginning on or after 1 January 2027, with early adoption permitted. The Group will examine the impact of the above on its Financial Statements. The above have not been adopted by the European Union.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 103 6.5. Significant accounting judgements, estimates and assumptions The preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) requires management to make judgments, estimates and assumptions that affect the publicized assets and liabilities at the financial statements preparation date. They also affect the disclosures of contingent assets and liabilities at the financial statements preparation date and the publicized amounts of revenues and expenses for the period. Estimates and judgments are based on historical experience and other factors, including expectations of future events that are considered reasonable under specific circumstances and are constantly re-assessed using all the available information. While applying the accounting policies, the Company's management uses as a basis the most complete information available to it and applies its judgement based on its knowledge of the Company and the market in which it operates. Subsequently potential changes in existing conditions are taken into account in order to apply the appropriate accounting policy. Significant accounting estimates and assumptions relating to future and other key sources of uncertainty at the date of the financial statements that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: Amounts included in or affecting the financial statements and related disclosures are estimated, requiring making assumptions about values or conditions that cannot be known with certainty at the time the financial statements are prepared and therefore actual results may differ from those estimated. An accounting estimate is considered significant when it is material to the financial position and results of the Group and requires the most difficult, subjective or complex judgements of management. Estimates and judgements are based on past experience and other factors, including expectations of future events believed to be reasonable under the circumstances, and are continually reassessed using all available information. The most significant judgements and estimates used under the preparation of the financial statements are presented below as follows. 6.5.1. Significant estimates ▪ Impairment of non-financial assets Non‐financial assets are tested for impairment whenever events or changes in the effective conditions demonstrate that their book value may not be recoverable, in accordance with the accounting policy described in Note 7.8. Goodwill is tested for impairment at least annually. ▪ Fair value measurement The Management uses valuation techniques to determine the fair value of financial instruments (when no active market prices are available) and non‐financial assets. This procedure involves making estimates and assumptions about the price that market participants would pay to acquire these financial instruments. The Management bases its assumptions on observable data, but this is not always feasible. In such cases, the Management uses the best available information for its estimates, based on its past experience and taking into account available information. Estimated fair values may

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 104 differ from the actual values that would be made in the ordinary course of transactions as at the reporting date of the financial statements. ▪ Valuation of owner-occupied and investment tangible assets at fair value The Group measures Owner-occupied Land, Buildings and Investment property at fair value. The fair value of property, plant and equipment is determined combining the discounting future cash flows method regarding cash flows, arising from the use of assets, and the replacement cost method. The fair value of investment property is determined combining the Comparative Method, taking into account the factors determining the value of the above property, including comparative sales prices as well as trends in the economy and property market and discounted cash flows in order to determine value in use of the CGUs (i.e. every subsidiary or associate). Determination of value in use requires an estimate of the future cash flows of every CGU and selection of the appropriate discount rate, which will be used to determine the present value of the aforementioned future cash flows. ▪ Valuation of holdings in subsidiaries, associates and investments in securities at fair value The Company holds investments in subsidiaries and securities non-listed on an active market, Therefore their fair value is determined by discounting future cash flows in use with the exception of those whose value is determined directly depending on the fair value of non-current assets, as they constitute the most significant component of their assets. Determination of value in use requires an estimate of the future cash flows of every CGU and selection of the appropriate discount rate, which will be used in order to determine the present value of the aforementioned future cash flows. ▪ Income Tax The Group is subject to income tax from various tax authorities. For the determination of the projections for income tax significant estimations are required. There are numerous transactions and calculations for which the exact tax determination during the normal course of the company’s activities is uncertain. The Group’s management admits liabilities for anticipated tax audit issues, based on estimation for the additional tax amount possibly owed. When the final result from the taxes of these issues, differs from the amount initially recorded in the financial statements, these differences will affect income tax and the projections on deferred taxation in the period during which these amounts have been finalized. ▪ Provisions for expected credit losses from trade receivables The Group applies the simplified approach under the provisions of IFRS 9 for calculation of expected credit losses. Under the aforementioned approach, provision for impairment is measured at an amount equal to the expected lifetime loss for the receivables from customers and the contractual assets. The Group has made provisions for bad debts in order to adequately cover the loss that can be reliably estimated and arises from these receivables. At every reporting period date, the provision that has been made is adjusted and potential changes are recognized in the income statement.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 105 ▪ Contingent assets and liabilities The Group is involved in legal disputes and compensations during its normal business activities. The existence of contingent liabilities and receivables requires the Management to make assumptions and judgments on an on‐going basis about the probability that future events will occur or not occur as well as the potential consequences that these events may have on the Company's and the Group's operations. Determining contingent assets and liabilities is a complex process that includes making judgments about future events, laws, regulations, etc. Changes in judgments or interpretations are likely to lead to an increase or decrease in the Company's contingent liabilities in the future. When additional information becomes available, the Group's Management reviews the facts based on which it may also be led to revise its estimates. ▪ Useful life of depreciable assets In order to calculate depreciation, in every reporting period, the Group examines the useful life and residual value of tangible and intangible assets in the light of technological, institutional and economic developments as well as the experience arising from their use. On 31/12/2024, the Management estimates that useful lives represent the expected usefulness of the assets. Actual results, however, may differ due to technical gradual depreciation, especially as regards IT equipment and software. ▪ Provision for personnel compensation Based on IAS 19, the Group, makes estimates of the assumptions underlying the actuarial valuation of provision for personnel compensation. The provision amount for personnel compensation is based on an actuarial study. The actuarial study includes specific assumptions on discount rate, employees’ salary increase rate, consumer price index increase and the expected remaining working life. The assumptions used involve significant uncertainty and the Group's management continuously reassesses these assumptions. 6.5.2. Significant judgements ▪ Recognition of revenue from construction contracts Revenue from contracts with customers and the related receivables from construction contracts reflect significant management estimates and are determined using the stage of completion method as arising from the balance between the realized cost and the total estimated cost to the completion of the project. Based on the IFRS 15 input method, at every reporting date, the construction cost is compared to the total budgeted cost of the projects in order to determine their completion percentage. The total budgeted cost is based on estimation procedures and is reassessed and reviewed at every reporting date. The Group makes estimates regarding the outcome of the contracts and the total budgeted contract cost, based on which the completion percentage is determined. When the outcome of a contract cannot be reliably determined (e.g. project is at initial stage), the Group assesses the outcome to the extent the assumed cost is likely to be recovered, while the cost is recognized in the results of the period in which it is incurred.

ANNUAL FINANCIAL REPORT FY 2024 (JANUARY 1 TO DECEMBER 31, 2024) Page 106 ▪ Acquisition of a 'business' within the meaning of IFRS 3 or acquisition of assets In line with the provisions of IFRS 3: Business Combinations”, the Group determines whether a transaction or other event is a business combination by applying the definition in this IFRS, which requires that the assets acquired and liabilities assumed constitute a business. If the assets acquired are not a business, the reporting entity shall account for the transaction or other event as an asset acquisition. IFRS 3 defined “business” as an integrated set of activities and assets that is capable of being conducted and managed for the purpose of providing a return in the form of dividends, lower costs or other economic benefits directly to investors or other owners, members or participants. 6.6. Group Structure As at 31/12/2024, the Group’s structure is as follows based on consolidation method:

FULL CONSOLIDATION METHOD	Country of Establishment	% Participation Equivalent	% DIRECT PARTICIPATION	% INDIRECT PARTICIPATION	INDIRECT PARTICIPATION SUBSIDIARY
TECHNICAL OLYMPIC S.A.	GREECE	PARENT	-	-	-
EUROROM CONSTRUCTII '97 SRL (UNDER LIQUIDATION)	ROMANIA	100,00%	100,00%	-	-
Τ.Ο. HOLDING INTERNATIONAL LTD	CYPRUS	100,00%	100,00%	-	-
Τ.Ο. SHIPPING LTD	CYPRUS	100,00%	-	100,00%	Τ.Ο. HOLDING INTERNATIONAL LTD
PORTO CARRAS DEVELOPMENT SA	GREECE	30,60%	30,60%	-	-
Τ.Ο. CONSTRUCTIONS S.A.	GREECE	90,25%	-	90,25%	Τ.Ο. HOLDING INTERNATIONAL LTD
TECHNICAL OLYMPIC AIRWAYS S.A. (UNDER LIQUIDATION)	GREECE	41,54%	41,54%	-	-
SAMOS MARINES S.A.	GREECE	99,88%	99,88%	-	-
TOXOTIS Technical S.A.	GREECE	83,45%	83,45%	-	-
J/V TOXOTIS Technical S.A. - GOUSGOUNIS S.A. - RECONSTRUCTION OF KIFISSOS AVENUE & POSEIDONOS AVENUE	GREECE	99,00%	-	99,00%	TOXOTIS Technical S.A.
ROMA HOLDING LLC	MARSHALL	85,00%	-	85,00%	Τ.Ο. SHIPPING LTD
ARIADNE REAL ESTATE SINGLE MEMBER P.C.	GREECE	100,00%	-	100,00%	Τ.Ο. HOLDING INTERNATIONAL LTD
PFC PREMIER FINANCE CORPORATION LTD	CYPRUS	100,00%	-	100,00%	Τ.Ο. HOLDING INTERNATIONAL LTD
NOVAMORE LTD	CYPRUS	100,00%	-	100,00%	Τ.Ο. HOLDING INTERNATIONAL LTD
MARINA PYTHAGOREIOU SINGLE MEMBER S.A.	GREECE	100,00%	-	100,00%	Τ.Ο. HOLDING INTERNATIONAL LTD
ENERESCO 1 SINGLE MEMBER P.C.	GREECE	100,00%	100,00%	-	-
ENERESCO 2 SINGLE MEMBER P.C.	GREECE	90,25%	-	90,25%	Τ.Ο. CONSTRUCTIONS S.A.
PREMIER FINANCIAL SERVICES HOLDCO LIMITED	IRELAND	100,00%	-	100,00%	PFC PREMIER FINANCE CORPORATION LTD
PREMIER FINANCIAL ADVISORY SERVICES LIMITED	IRELAND	100,00%	-	100,00%	PREMIER FINANCIAL SERVICES HOLDCO LIMITED