The company named “GRIGORIS SARANTIS SOCIÉTÉ ANONYME INDUSTRIAL AND COMMERCIAL COMPANY OF COSMETICS, APPAREL, HOUSEHOLD AND PHARMACEUTICAL PRODUCTS”, announces that, in the context of the ongoing merger process (hereinafter the “Cross-Border Merger”) by absorption by the Company of its 100% Cypriot subsidiary company under the name “Zetafin Ltd”.

Disclosure of an interim Statement of Financial Position in the context of a Cross-Border Merger by absorption of a wholly owned (100%) subsidiary