HELLENiQ ENERGY Holdings Third Quarter / Nine-Month 2026 Results

Andreas Shiamishis, CEO of HELLENiQ ENERGY

“A quarter full of upsets on geopolitics, energy markets and difficult physical fuels market supply in our region, with product shortages becoming more profound. The biggest achievement was the uninterrupted availability and high production runs of our refineries with flexibility to take in alternative crude grades and maximize the production of middle distillates, particularly in diesel and jet fuel, amid significant supply shortages. We increased exports to neighboring countries where additional supply was needed, while fully covering demand in Greece, contributing to security of supply across the region. At the same time, we shared part of the value created with our customers and society, through targeted discounts, promotional initiatives and enhanced social support programs. More than €50m was allocated to auto fuel discounts in Greece, while support was extended to heating oil as part of a broader initiative expected to exceed €100m across Greece and our international markets. Combined with government measures, these actions helped support consumers and the market. We also strengthened our social contribution through €30m of targeted initiatives, including support for wildfire-affected communities and donations to public hospitals and universities. While delivering attractive returns to our shareholders remains a key priority, we consider disciplined reinvestment in growth, aligned with our strategy, equally important to building an even stronger Group for the future. Our strong 9M performance has enabled the Board to double the interim dividend from €0.20 to €0.40 per share, setting the stage for an enhanced full-year dividend announcement in February 2027. At the same time, strong profitability has allowed us to accelerate investments in Renewables and further strengthen our refineries, as well as our supply and trading capabilities, supporting the Group’s future growth. A strong, well-invested domestic refining system also contributes to energy security and supports more competitive local fuel prices, with an estimated benefit of €0.15-0.20/litre compared with imports. As we approach year-end, we have developed a new strategic plan that builds on the success of Vision 2025 and sets our direction for the next decade. Our ambition is to build an even stronger and greener Group, with an expanded regional role and presence, while continuing to create value for the Greek economy and society.”