PIRAEUS BANK S.A. (the “Bank”) informs the investment community that, pursuant to the resolutions of its Board of Directors dated 21.05.2026 and 25.06.2026, it resolved to take all the necessary actions to effect the merger through absorption by the Bank of its wholly-owned subsidiaries (non-listed companies) “ND DEVELOPMENT SINGLE-MEMBER SOCIÉTÉ ANONYME REAL ESTATE, TECHNICAL, CONSTRUCTION & TOURISM COMPANY”, “PROPERTY HORIZON SINGLE-MEMBER SOCIÉTÉ ANONYME DEVELOPMENT, REAL ESTATE, TECHNICAL, CONSTRUCTION & TOURISM COMPANY”, “PIRAEUS DEVELOPMENT SINGLE-MEMBER S.A. REAL ESTATE DEVELOPMENT & TOURISM COMPANY”, “PIRAEUS PROPERTY REAL ESTATE MANAGEMENT SINGLE-MEMBER SOCIÉTÉ ANONYME”, “PLEIADES SINGLE-MEMBER SOCIÉTÉ ANONYME FOR REAL ESTATE DEVELOPMENT AND MANAGEMENT” and “WOLI OPERATIONS SINGLE-MEMBER PRIVATE COMPANY (P.C.)” (hereinafter the “Absorbed Companies” or the “Companies” and, together with the Bank, the “Merging Companies”), which will take place pursuant to the combined application of Article 16 of Law 2515/1997, as well as Articles 6 paras. 2 and 3, 7–21, 30–35, 42–45 and 140 para. 3 of Law 4601/2019, Law 4072/2012 and Law 4548/2018, as in force (the “Merger”).
The Boards of Directors or the Managers, as the case may be, of the Merging Companies set 31.12.2025 as the Transformation Balance Sheet Date for the purposes of the Merger and proceeded to the joint preparation, the approval and the execution by their authorized representatives of the draft merger agreement dated 26.06.2026 (the “DMA”).
The DMA was registered with the General Commercial Registry (G.E.MI.) of the Bank on 10.07.2026, in accordance with the requirements of the applicable legislation. The DMA, together with the other documents provided for under Article 11 para. 1 of Law 4601/2019, will be available both on the Group’s website (www.piraeusgroup.gr) and at the Bank’s registered office.
The Bank will inform the investment community of the completion of the Merger process, following compliance with the procedure required by law.