Further to the letter of the Athens Stock Exchange dated 16 July 2018 under protocol no. 3044, Follie Follie Commercial Manufacturing and Technical Societe Anonyme (the “Company”) announces that its statutory auditor, Ecovis VNT Auditing Certified Public Accountants Business Consultants S.A. (“Ecovis”), informed the Company that they revoked their support to their audit opinion dated 26 April 2018 on the Company’s consolidated financial statements for the financial year ended 31 December 2017.

The Company takes Ecovis’s revocation seriously, will continue pursuing extraordinary independent audits and reviews currently conducted by Ernst & Young and Alvarez & Marsal (as announced on 25 June 2018) and take necessary decisions in relation to the 2017 Consolidated Financial Statements upon the outcome of these audits and reviews. The Company will also continue cooperating with the Hellenic Capital Market Commission and other competent authorities.