Progress of shares and capital increase of Piraeus Financial Holdings

Piraeus Financial Holdings share capital amounts to € 1,162,841,517.39 divided into 1,250,367,223 ordinary registered shares with voting rights, at a nominal value of €0.93 per share. The table below depicts the development of the share capital:

Year of change	SGM resolution	Amount changed (‘000 EUR)	In cash (‘000 EUR)	Capitalization (‘000 EUR)	New shares issued (No)	Total No of shares	Face value of share (EUR)	Share capital after the increase (‘000 EUR)
1916	Founding	28.5	28.5	-	100,000	100,000	0,28	28,5
1964	30/05/64	0.9	0.9	-	-	100,000	0.29	29.3
1969	28/06/69	146.7	-	146.7	500,000	600,000	0.29	176.1
1977	28/09/77	7.1	0.4	6.7	12,000	612,000	0.30	183.2
1978	23/03/78	61.1	61.1	-	204,000	816,000	0.30	244.3
1982a	02/11/82	330.5	-	330.5	-	816,000	0.70	574.7
1982b	02/11/82	191.6	191.6	-	272,000	1,088,000	0.70	766.3
1989	11/07/89	306.5	-	306.5	435,200	1,523,200	0.70	1,072.8
1990	10/12/90	92.0	92.0	-	130,560	1,653,760	0.70	1,164.8
1992	30/06/92	1,652.5	1,652.5	-	2,646,240	4,000,000	0.70	2,817.3
1996	20/05/96	26,764.5	12,677.9	14,086.6	4,400,000	8,400,000	3.52	29,581.8
1997	22/05/97	22,256.8	22,256.8	-	6,320,000	14,720,000	3.52	51,838.6
1998	30/04/98	65,432.1	55,064.4	10,367.7	18,580,000	33,300,000	3.52	117,270.7
1998	30/11/98	154,071.9	154,071.9	-	43,750,000	77,050,000	3.52	271,342.6
1999a	11/03/99	137,872.3	137,872.3	-	39,150,000	116,200,000	3.52	409,215.0
1999b	26/07/99	27,353.6	27,353.6	-	7,767,297	123,967,297	3.52	436,568.6
2000	30/05/00	110,893.6	110,736.4 ⁽¹⁾	157.2 ⁽¹⁾	43,190,187	167,157,484	3.28	547,462.2
2001	11/04/01	0.8	-	0.8	-	167,157,484	3.28	548,276.5
2002	10/06/02	-27,413.8	-	-	-8,357,875	158,799,609	3.28	520,862.7
2002	10/06/02	27,413.8	27,413.8	-	8,357,875	167,157,484	3.28	548,276.5
2003	07/11/03	271.672,6	270,372.8 ⁽¹⁾	1,299.8	30,420,617	197,578,101	4.15	819,949.1
2004	10/06/02	11,117.5	11,117.5	-	2,678,905	200,257,006	4.15	831,066.6
2005	18/10/05	193,865.4	192,207.8 ⁽¹⁾	1,657.6	16,653.425	214,870.434	4.77	1,024,932.0
2006	15/05/06	256,232.99	-	256,232.99	53,717,609	268,588,043	4.77	1,281,164.97
2006	16/05/05 15/05/06	7,665.3	7,665.3	-	1,606,988	270,195,031	4.77	1,288,830.3
2007	03/05/07	322,207.6	322,207.6	-	67,548,758	337,743,789	4.77	1,611,037.9
2007	16/05/05 15/05/06	6,939.4	6,939.4	-	1,454,798	339,198,587	4.77	1,617,977.3
2008	07/05/07	-49,644.0 ⁽²⁾	-	-	-10,407,537	328,791,050	4.77	1,568,333.3
2008	07/05/08	3,589.3 ⁽³⁾	3,589.3 ⁽³⁾	-	752,478	329,543,528	4.77	1,571,922.6
2009	23/01/09	370,000.0	⁽⁴⁾	⁽⁴⁾	77,568,134	⁽⁴⁾	4.77	1,941,922.6
2009	30/04/09	32,097.3	⁽⁵⁾	32,097.3	6,728,991	336,272,519	4.77	1,974,019.9
2011	20/12/10	-1,503,138.2 ⁽⁶⁾	-	-	-	336,272,519	0.30	470,881.8
2011	20/12/10	242,116.2	-	-	807,054,045	1,143,326,564	0.30	712,998.0
2011	23/12/11	380,000.0	⁽⁴⁾	⁽⁴⁾	1,266,666,666	⁽⁴⁾	0.30	1,092,998.0
2013	23/04/13	-308,698.2⁽⁷⁾	-	-	-	114.332.657	0.30	784,299.8
2013	23/04/13	1,487,470.6 ⁽⁸⁾	⁽⁸⁾	-	4,958,235,294	5,072,567,951	0.30	2,271,770.4
2014	28/03/14	308,823.5		-	1,029,411,764	6,101,979,715	0.30	2,580,593.9
2014	21/05/14	-370,000.0	⁽⁴⁾	⁽⁴⁾	77.568.134	⁽⁴⁾	4.77	2,210,293.9
2014	21/05/14	-380,000.0	⁽⁴⁾	⁽⁴⁾	1,266,666,666	⁽⁴⁾	0.30	1,830,593.9
2015	15/11/15	-1,812,288.0	-	-	-	61,019,798	0.30	18,305.9
2015	15/11/15	2,601,649.0	1,921,649,0 ⁽⁹⁾	-	8,672,163,482	8,733,183,280	0.30	2,619,954.9
2017	28/06/17	-	-	-	-	436,659,164	6.00	2,619,954.9
2021	05/01/21	2,366,400.0	-	-	394,400,000⁽¹⁰⁾	831,059,164	6.00	4,986,354.9
2021	07/04/21	-	-	-	-	50,367,223	99.00	4,986,354.9
2021	07/04/21	-4,935,987.9⁽⁶⁾	-	-	-	50,367,223	1.00	50,367.2
2021	07/4/2021	1,200,000	1,200,000	-	1,200,000,000	1,250,367,223	1.00	1,250,367,22
2021	22/06/21	-62,518.36⁽¹¹⁾	-	-	-	1,250,367,223	0.95	1,187,848.86
2022	22/07/22	-25,007.34⁽¹²⁾	-	-	-	1,250,367,223	0.93	1,162,841.52

1 due to merger
2 cancellation of treasury shares
3 dividend reinvestment
4 issuance of preference shares in favour of the Greek State, through the transfer, by the Greek State to the bank of State-issued bonds, within the framework of L.3723/2008 for the enhancement of the Greek economy's liquidity. On May 21, 2014, Piraeus Bank fully redeemed at par to the Greek State the total amount of preference shares in the amount of €750 mn
5 due to the distribution of dividend to the shareholders in the form of Bank shares
6 reduction of nominal value per share for common shares and transfer of this amount to a special equity reserve.
7 Reverse split and reduction of nominal value per share for common shares and transfer of this amount to a special equity reserve.
8 Total capital increase of € 8.429 billion, of which € 7.335 billion recapitalization increase and an additional amount of €1.094 billion relates to meeting the capital requirements of the Bank arising from the acquisition of assets and liabilities of Agricultural Bank of Greece, amounting to € 570.00 million, and assets and liabilities in Greece of the Bank of Cyprus, Cyprus Popular Bank and the Hellenic Bank, amounting to € 524.00 million. Of the recapitalization increase of € 7.335 billion, the amount drawn from private investors stands at €1,443,631,721. The remaining amount up to € 7.335 billion, together with the amount of €1.094 billion relating to the capital requirements of the Bank arising from the acquisition of assets and liabilities of Agricultural Bank of Greece, and assets and liabilities in Greece of Bank of Cyprus, Cyprus Popular Bank and the Hellenic Bank, were covered by the HFSF with the contribution in kind of bonds issued by the EFSF.
9 Plus €680,000,000.1 in the form of ESM bonds from the HFSF
10the New Shares resulted from the automatic conversion of all Contingent Convertible bonds (CoCos) of a total nominal value of €2,040mn to 394,400,000 common registered shares of the Company
11Decrease of the share capital of Piraeus Financial Holdings S.A. in kind, by decreasing the nominal value of each ordinary share issued and by distributing to its shareholders shares issued by the company under the corporate name Phoenix Vega Mezz Plc
12 Decrease of the share capital of Piraeus Financial Holdings S.A. in kind, by decreasing the nominal value of each ordinary share issued and by distributing to its shareholders shares issued by the company under the corporate name SUNRISEMEZZ Plc