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2024 Annual Report

€1,026 million Adj. EBITDA €401 million Adj. Net Income on favorable performance across all business and significant growth in international markets: Strong profitability 1 gross production *BoD proposal to the 2025 AGM ** Based on the share price at the end of 2024 at 54% Record-high refineries production Exports at 17. 2 1 million MT 8.8 million MT of total sales at Strong balance sheet and improved funding profile Record-high profitability in International Marketing High returns to shareholders €0.75* per share with total dividend distribution of ~10% dividend yield** €75 million Adj. EBITDA at at a glance 2024
0.5 GW installed capacity RES portfolio under development 5.2 GW by 2030 >2 GW by 2026 1 GW Target of and while continuing pursuing operational performance Agreement to acquire the remaining 50% of the share capital of ELPEDISON Divestment from DEPA Commercial, with the objective of streamlining our participation in the power and gas business Completion of two important transactions Vision 2025 first phase successfully concluded Progress in the implementation of our digital transformation program CSR Initiatives with a cumulative benefit €100 million up to 2024 and an estimated annualized benefit of >€50 million from 2025 onwards €10.4 million in corporate responsibility actions, benefiting more than 2 million individuals
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Message to Shareholders

In 2024, HELLENiQ ENERGY continued the positive performance of recent years, with improvements across all businesses and key sustainability metrics, while concurrently enhancing its contribution to society.

Positive

Our strategy aims to broaden and diversify our business portfolio, enhance profitability and create long-term value for shareholders

Diversified

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Our Strategy

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Business Environment

The improved economic environment in 2024 led to an increase in global demand for oil and petroleum products.

Improved

Strong operational performance across all business activities, alongside strategic initiatives which expand our presence in the energy sector.

Strong

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Business Review

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ESG

The integration of Sustainable Development constitutes a fundamental element within the strategic planning framework of the HELLENiQ ENERGY Group.

Sustainable

In 2024, HELLENiQ ENERGY Holdings' share price recorded an increase of 3.8% and the total shareholder return (TSR) amounted to 17%.

Increased

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HELLENiQ ENERGY
Holdings in the Capital Markets

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Risk Management

The Group examines, assesses and aims at effectively managing all possible risks, in accordance with its established framework, with the intention of ensuring its ongoing and seamless operation.

Effective

Selected financial information of the parent company HELLENiQ ENERGY and the Group’s subsidiaries.

Transparent

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Financial Information

Empowering

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2024 Annual Report

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