FREQUENTLY ASKED QUESTIONS

GENERAL CORPORATE ISSUES

What are the fields of activity of GEK TERNA?

GEK TERNA is active in the fields of constructions, energy production and trade, concessions, mining, real estate development, waste management, facility management and tourism.

When was GEK TERNA founded?

GEK TERNA was established in 1969.

What are the values of GEK TERNA?
  • Respect to the people and the natural environment
  • Creating value for our employees, partners, customers and shareholders
  • Honesty and credibility
  • Targeted social offer
Where are the head offices of GEK TERNA?

The headquarters of GEK TERNA are located on 85, Mesogeion Avenue in Athens.

How many employees does the GEK TERNA Group employ?

In total GEK TERNA employs approximately 5.000 employees.

Where can I find information on GEK TERNA's Corporate Social Responsibility actions?

In the Group's website in the Sustainability section (http://www.gekterna.com/sustainability/).

What is the composition of the Board of Directors of GEK TERNA?

The composition of the Board of Directors of GEK TERNA is as follows:

Georgios Peristeris

Chairman and Chief Executive Officer, Executive Member

Konstantinos Vavaletskos

Vice-Chairman, Executive Member

Michael Gourzis

Vice-Chairman, Executive Member

Angelos Benopoulos

Vice-Chairman, Executive Member

Apostolos Tamvakakis

Vice-Chairman, Independent Non – Executive Member

Dimitrios Antonakos

Executive Member

Emmanuel Vrailas

Executive Member

Emmanuel Moustakas

Executive Member

Georgios Perdikaris

Non – Executive Member

Spyridon Capralos

Independent Non – Executive Member

Gagik Apkarian

Independent Non – Executive Member

Where can I find GEK TERNA's policies on corporate governance?

In the Group's website, in the Corporate Governance section (http://www.gekterna.com/the-group/corporate-governance/).

When the last general meeting of the shareholders took place?

The last shareholders’ meeting, which was an ordinary one, took place on 27/06/2018.

When is the next general meeting of the shareholders scheduled to be held?

The next general meeting of shareholders is scheduled to be held in 26/06/2019.

Which are the independent auditors of GEK TERNA?

GEK TERNA is being audited by auditing house, GRANT THORNTON.

FINANCIAL STATEMENTS

Where can I find GEK TERNA’s historical financial information?

Historical financial information of GEK TERNA can be found in the corporate website in the Financial Statements’ section (http://www.gekterna.com/investor-relations/financial-statements/).

What is the duration of GEK TERNA’s fiscal year?

GEK TERNA’s fiscal year begins on January 1st of each year and ends on December 31st.

Does GEK TERNA issue quarterly financial statements?

GEK TERNA issues financial statements regarding the first six months period of each year and the full year. Regarding the first quarter and nine months period of each year, GEK TERNA drafts and publishes an IR Release.

Can I participate in an analysts’ conference call, commenting on financial results?

No, conference calls include highly specialized information and are addressed exclusively to analysts.

SHARE

Are the shares of GEK TERNA traded on a regulated market?

The shares of GEK TERNA are traded on the Athens Exchange.

What is the symbol of GEK TERNA's stock?

The ticker of the share of GEK TERNA at ATHEX is GEKTERNA, at Bloomberg is GEKTERNA: GA and at Reuters is HRMr.AT

How can I contact GEK TERNA's Investor Relations Department?

Any interested party can contact GEK TERNA’s Investor Relations Department either via the contact form in the Investor Relations section (http://www.gekterna.com/investor-relations/) of the website or by dialing +30 210 6968000.

How can I find the current share price of GEK TERNA?

The current share price of GEK TERNA is available in the section Share Price (http://www.gekterna.com/investor-relations/stock-data/) of the corporate

What is the dividend policy of GEK TERNA?

GEK TERNA’s policy regarding dividends is to distribute whenever this is supported by the company’s financial performance and market conditions and it is not differentiated to long term strategic planning.

Does GEK TERNA implement a share repurchase program?

Yes, GEK TERNA implements a repurchase program for own shares.

Is there a dividend reinvestment plan?

No, there is no dividend reinvestment plan

Can I buy shares directly from GEK TERNA?

No, it is not possible to buy shares directly from GEK TERNA

When did the shares of GEK TERNA begun trading in ATHEX?

The trading of GEK TERNA's shares began in 1994.

Does GEK TERNA have both common and preferred shares?

GEK TERNA has issued only common shares.

How many times there has been a split or reverse split been regarding the shares of GEK TERNA?

No split or reverse split in GEK TERNA shares has taken place so far.

How many shares has GEK TERNA issued so far?

GEK TERNA has issued up to day 103,423,291 common registered shares.

In addition to shares, what other securities has GEK TERNA issued?

In addition to shares, GEK TERNA has also issued bonds.

How has GEK TERNA’s share capital developed after its initial listing in ATHEX?

GEK TERNA’s share capital after its initial listing in ATHEX has evolved, as presented in the following table:

Date

Government Gazette

Amount

Cash

Reserves’ Capitalization

Absorption

Total Share Capital

Share Nomimal Value

Total Number of Shares

In Drachmas

Foundation

211

1.000.000

1.000.000

 

 

1.000.000

500

2.000

22.11.1962

702

40.000.000

40.000.000

 

 

41.000.000

500

82.000

20.03.1964

340

1.230.000

 

 

 

 

 

 

20.05.1964

621

4.270.000

 

 

 

 

 

 

03.12.1964

873

2.000.000

 

 

 

 

 

 

28.02.1966

132

 

7.500.000

 

 

48.500.000

500

97.000

03.11.1979

68

9.700.000

9.700.000

 

 

58.200.000

500

116.400

23.06.1989

3526

52.380.000

 

52.380.000

 

110.580.000

500

221.160

17.06.1994

4073

110.580.000

 

110.580.000

 

221.160.000

500

442.320

29.06.1998

5839

132.696.000

 

132.696.000

 

353.856.000

800

442.320

04.08.1999

6577

Split 1/8

 

 

 

 

100*

3.538.560

04.08.1999

6577

1.769.280.000

1.769.280.000

 

 

2.123.136.000

100

21.231.360

25.06.2001

6313

47.239.776

 

47.239.776

 

2.170.375.776

100,225

21.231.360

In Euro

 

 

 

 

 

 

6.369.408

0,30

21.231.360

15.10.2004

14334

17.197.401,60

 

565.401,60

16.632.000,00(1)

23.566.809,60

0,36

65.463.360

18.11.2008

14045

25.386.322,56

 

 

24.933.073,64 (2)

48.953.132,16

0,57

85.882.688

06.12.2013

9246

4.890.417,60

4.890.417,60

 

 

53.843.549,76

0,57

94.462.368

27.03.2015

 

3.286.116,69(3)

 

 

 

57.129.666,45

0,57

100.227.485

29.06.2015

 

1.662.725,91(4)

 

 

 

58.792.392,36

0,57

103.144.548

29.03.2016

 

158.883,51 (5)

 

 

 

58.951.275,87

0,57

103.423.291

1. The Share Capital of the absorbed company "GENERAL CONSTRUCTION COMPANY SA"
2. The Share Capital of the absorbed branch of the divesting company TERNA SA
3. Adjustment of the Share Capital by decision of the BoD, due to the conversion of 140 bonds into 5.765.117 shares
4. Adjustment of the Share Capital by decision of the BoD, due to the conversion of 70 bonds into 2,917,063 shares
5. Adjustment of the Share Capital, by resolution of the BoD, due to the conversion of bonds, with a nominal value of €650.000,00, to 278.743 shares
What is the free float of the shares of GEK TERNA?

GEK TERNA shares’ free float amounts to approximately 53% of its share capital.