The Board of Directors of Alpha Bank S.A. (hereinafter the “Bank” or the “Issuer”) at its meeting held on May 27, 2026, in the context of implementing the Combined Bonus Plan (CBP) for the 2025 fiscal year for members of the Senior Management Team,
Specific Staff Members in positions of responsibility (Material Risk Takers – MRTs), as well as to other Employees of the Bank, including those who provide services on a permanent basis pursuant to Article 114(1) of Law 4548/2018, and its Affiliated Companies, within the meaning of Article 32 of Law 4308/2014 (hereinafter the “Beneficiaries”), taking into account:
(i) the resolution of the Bank’s Extraordinary General Meeting dated June 12, 2025, pursuant to which the adoption and implementation of a Free Share Distribution Program (hereinafter the “Program”) was approved, and
(ii) the decision of the Bank’s Board of Directors dated July 31, 2025, approving the Program Rules (hereinafter the “Rules”), based on the Group’s Remuneration Policy and the applicable legal and regulatory framework, under which there are four separate vesting periods (during the first fifteen (15) business days of January, May, June, and September), decided as follows:
➢ the allocation of a total of 4,209,501 treasury, common, dematerialized shares of the Bank (the “Shares”) to 1,260 Beneficiaries under the aforementioned Unified Performance Reward Program for the 2025 fiscal year.
➢ The distribution of the Shares is subject to all applicable terms and conditions set forth in the Regulations [including deferral, vesting, reduction (malus) provisions, and , etc.), where applicable in accordance with the applicable legal and regulatory framework and the Group’s Remuneration Policy.
➢ In accordance with the Regulation, the allocation of Shares to each Beneficiary is calculated based on the volume-weighted average price (Volume Weighted Average Price – VWAP) of the Issuer’s Shares during the month preceding said allocation; therefore, the aforementioned Shares were allocated at a reference price of €3.6537, based on the April 2026 VWAP.
➢ In light of the above and in accordance with the Unified Performance Reward Program for the 2025 fiscal year, the vesting periods for the aforementioned Shares are as follows:
The Shares were acquired by the Bank through the Share Buyback Program, as approved by the resolution of the Bank’s Extraordinary General Meeting of Shareholders held on June 12, 2025.