Notification of appointment of Market Makers

HELLENiQ ENERGY Holdings S.A. (the “Company”), following the announcement dated 7.12.2023, announces that, pursuant to a joint notification received on 8.12.2023 by its shareholders, Hellenic Republic Asset Development Fund S.A. and Paneuropean Oil & lndustrial Holdings S.A., was informed of the pricing of the international private placement, through an accelerated book-building offering in the context of their decision to dispose of part of their shares in the Company. The notification included the following announcement:

HELLENiQ ENERGY Holdings S.A. (the “Company”) announces that on 7.12.2023, following a letter sent by its shareholders, Hellenic Republic Asset Development Fund S.A. ("HRADF") and Paneuropean Oil & lndustrial Holdings S.A. ("POIH"), was informed of their decision to dispose of certain of their shares in the Company on a pro-rata basis, through an international private placement, in accordance with the provisions of the HRADF Law and the HRADF’s updated Asset Development plan. The letter included the following announcement:

HELLENiQ ENERGY Holdings S.A. (the “Company”) announces the execution by a subsidiary of HELLENiQ Renewables, of a binding agreement for the acquisition of a PV portfolio (6 photovoltaic parks) with total capacity of 26 MW, in Cyprus. The PV parks’ annual electricity generation is estimated at 43 GWh. The agreement is expected to be completed in 1Q24, following the conclusion of the transfer of shares and upon the 6 parks’ start of commercial operation.