The company “Industrial Technical Works BIOTER S.A.” (the “Company”) hereby informs the investing public that it has accepted the proposal dated May 28, 2026, submitted by CEPAL, Intrum, and DoValue, the administrators of the Company’s creditors’ claims, dated May 28, 2026, for a comprehensive settlement of its loan obligations, with the aim of ensuring its sustainable financial operation.
This will be followed by the signing of a new restructuring agreement with the Company’s aforementioned creditors, in accordance with the terms of the agreement reached above, which will a) settle and restructure the Company’s remaining bank obligations, which are being settled definitively and irrevocably, and b) implement the agreed-upon transfers and settlements of assets.
The Company estimates that the agreement reached, which resolves the Company’s loan obligations covered therein, and the new (pending court approval) restructuring agreement to be signed, contribute substantially to its financial restructuring, to a significant improvement in its net position, and to ensuring its viability and business continuity.
The Company will promptly inform the investing public of any material developments on this matter, in accordance with the applicable regulatory framework.
Athens, June 4, 2026
The Board of Directors