CNL Capital: Limits on own stock program

The company CNL CAPITAL Ε.Κ.Ε.Σ.-Δ.Ο.Ε.Ε., announces to its shareholders and to the investing public that in application of the Decision of the Ordinary General Meeting of its Shareholders from 24/06/2020, with which the purchase of own shares was approved, according to article 49 of law 4548/2018, the Board of Directors at its meeting of 20/12/2021 decided to reactivate the implementation of the Program for the purchase of own shares and the specialization of the relevant limits.

Specifically, the Ordinary General Meeting of Shareholders of 24/06/2020 approved the following limits:

Duration: 24 months from the date of the General Meeting, ie until June 23, 2022.

Price range: from 1 Euro to 15 Euro per share

Maximum share purchase limit: 78,450 shares, corresponding to 10% of the total number of shares of the company. (including and aggregated, in relation to the above limit, of the own shares that the Company has already acquired in the framework of a previous program of acquisition of own shares).

The Board of Directors at its meeting of 20/12/2021, decided to specialize the above limits, for the next period, as follows:

Duration: 21/12 / 2021-23 / 06/2022

Price range: from 1 Euro to 15 Euro per share

Maximum purchase limit of Own Shares: 20,000

The same shares, if acquired, in accordance with the approval of the General Meeting, either:

1) will be available to the Company affiliated with the Company, Administrator CNL Α.Ε.Δ.Ο.Ε.Ε. and / or its staff, as part of the applicable Performance Fee under the existing Management Agreement between the Company and its Administrator, or

Will be made available to third party investors, or

3) will be canceled,

at the discretion of the Board of Directors which will decide at its discretion what is in the interest of the Company and in compliance with the applicable regulations.