Completion of publicity formalities of the Draft Demerger Deed of “Piraeus Bank S.A.” – Availability of the Draft Demerger Deed

Piraeus Bank S.A. announces that, pursuant to articles 60 para. 1 and 65 of Law 4601/2019, the Draft Demerger Deed in relation to the demerger of the Bank by way of hive-down of its banking activity sector and its contribution into a new entity to be incorporated and licensed as a credit institution has been registered with the General Commercial Registry (G.E.MI.) and pub-lished on its website, on September 4th, 2020. Furthermore, the Draft De-merger Deed has been published on the website of Piraeus Bank S.A. via the link (Draft Demerger Deed).

Piraeus Bank will update investors on the progress of the Demerger process, in accordance with the applicable legislative and regulatory framework.