14 January 2022

TRANSFER OF SHARES IN LIBECO SA TO LAFITRADE HOLDING LIMITED

We are pleased to announce that we have this week concluded a transfer of shares from Ms. Eleni Tsiokas, a Greek national, to Lafitrade Holding Limited, in LIBECO SA, a company incorporated in Greece.

Lafitrade Holding Limited is now a shareholder of 38.25% of LIBECO SA’s total shares, together with the Libyan Foreign Investment Company whose shareholding stands at 49.5% and that of Piraeus Bank SA at 12.25%.

Mr. Alsaied Dhaim, appearing on behalf of Lafitrade Holding Limited, signed the share transfer deed in the presence of Mrs. Tsiokas and Mr. Salah El Busefi, who was also present during the meeting held in Athens to finalize this transfer.