Ellactor: The stock option 2022 was approved by the BoD.

The Board of Directors of Ellactor, at its meeting of 13 May 2022, following:

(a) the power of attorney provided by the Ordinary General Meeting of Shareholders of 22 June 2021;

(b) the decision of the Board of Directors of the Company dated October 26, 2021 regarding the establishment of the program of allocation of Options for the acquisition of shares (hereinafter “Rights” or “PO”) to the members of the Board of Directors and executives of the Company (hereinafter the “Beneficiaries” ), as well as its affiliated companies, in the form of a Share Acquisition Right, in accordance with the applicable regulatory framework (relevant announcement of the Company on October 27, 2021), implements the granting of Rights, as follows:

For the year 2022, 7,975,000 Rights of acquisition of an equal number of shares are granted, from the remaining 9,375,600 Rights of acquisition of an equal number of shares (total number of Available Rights of 17,409,600), in implementation of the relevant decision of the Ordinary General Meeting of 22 2021.

Please note that:

The Rights granted grant each Beneficiary the right to participate in an increase in the share capital of the Company for a number of shares of the Company (hereinafter the “Shares”) equal to the number of Rights granted.

The Beneficiaries of the Program have the right to purchase shares of the Company at a price equal to € 1,678 (“Exercise Price”), closing price on May 12, 2022, ie the day before the meeting of the Board of Directors that approved the disposal (granting) of the Rights. . The Exercise Price will be adjusted in cases of corporate events or operations, as specifically provided in the terms of the Program.

The Shares that will result from the exercise of the Rights will provide the same rights deriving from the other shares of the Company including the right to receive a dividend and a refund from their issue.