Commencement of Share Buy-Back Plan

The Management of Societe Anonyme under the name "THRACE PLASTICS HOLDINGS AND COMMERCIAL COMPANY SOCIETE ANONYME" and with the distinctive title "THRACE PLASTICS CO S.A." (hereinafter referred to as the "Company"), pursuant to the resolutions of the Ordinary Annual General Meeting of shareholders as of May 21, 2021 and of the Board of Directors as of June 4, 2021, announces the commencement of the share buy -back plan, in accordance with the provisions of article 49 of Law 4548/2018, as in force, and in particular the purchase of a  maximum of 4,341,876  common registered shares, with a purchase price range from fifty eurocents (€0.50 Euro) per share (minimum price) to ten Euro (€10.00) per share (maximum  price) and with expiry date of the above share buy-back plan on May 21, 2023. Purchases will be made in accordance with the applicable regulatory framework.