HELLENIC TELECOMMUNICATIONS

ORGANIZATION S.A.

ANNUAL FINANCIAL REPORT

For the period

from January 1, 2022 to December 31, 2022

(TRANSLATED FROM THE GREEK ORIGINAL)

TABLE OF CONTENTS

  1. STATEMENTS OF MEMBERS OF THE BOARD OF DIRECTORS II. ANNUAL REPORT OF THE BOARD OF DIRECTORS

III. AUDITOR'S REPORT ON THE FINANCIAL STATEMENTS

IV. ANNUAL FINANCIAL STATEMENTS

I. STATEMENTS OF MEMBERS OF THE BOARD OF DIRECTORS

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STATEMENTS OF MEMBERS OF THE BOARD OF DIRECTORS

The members of the Board of Directors of HELLENIC TELECOMMUNICATIONS ORGANIZATION S.A.:

  1. Michael Tsamaz, Chairman and Managing Director
  2. Eelco Blok, Vice Chairman of the Board of Directors
  3. Charalampos Mazarakis, Board Member

We confirm that to the best of our knowledge:

  1. The Annual Financial Statements (Consolidated and Separate) of the HELLENIC TELECOMMUNICATIONS ORGANIZATION S.A. for the period January 1, 2022 to December 31, 2022, which have been prepared in accordance with the applicable accounting standards, provide a true and fair view of the assets and liabilities, the owners' equity and the results of the
    HELLENIC TELECOMMUNICATIONS ORGANIZATION S.A. as well as of the companies included in the consolidation taken as a whole; and
  2. The Annual Report of the Board of Directors provides a true and fair view of the development, performance and the financial position of the HELLENIC TELECOMMUNICATIONS ORGANIZATION S.A. and of the companies included in the consolidation taken as a whole, including the description of the principal risks and uncertainties they are facing.

Maroussi, February 22, 2023

Chairman

& Managing Director

Vice Chairman of the BoD

Board Member

Michael Tsamaz

Eelco Blok

Charalampos Mazarakis

The two members of the Board of Directors, who have signed the above statements, have been authorized to do so in accordance with the decision of the Company's Board of Directors of February 22, 2023.

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  1. ANNUAL REPORT OF THE BOARD OF DIRECTORS

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OTE - Hellenic Telecommunications Organization SA published this content on 23 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2023 13:13:06 UTC.