Positive Read Through in Uncertain Times

JUMBO Group, consistent with its commitment to the investment and consumer community, released the latest data on sales performance for March and the first quarter.

The international turbulence caused by the new tariff war that has erupted in recent weeks is undeniably driving global trade into a new, unprecedented equilibrium, while simultaneously increasing uncertainty regarding medium-term developments.

• Due to the strong seasonality of sales in Greece and Cyprus, whereby the Carnival celebration has shifted forward, on 2nd March this year, (17th March last year), Jumbo Group's sales in March 2025 were down by c -2% y-o-y.

Group's sales for the first quarter of 2025 recorded an increase of c. +8% y-o-y.

Furthermore, the turnover for the first 15 days of April demonstrate a positive adjustment in the sales growth rate, following the temporary calendar disruption caused by the early consumer demands for this year’s Carnival.

• For the comprehensive information of shareholders - partners, it is important to note that the new environment of volatility and constant fluctuations in global trade makes it practically impossible to reliably forecast costs and inventory levels, especially for business groups with significant export or import activities.
• Perhaps the positive takeaways of the volatile international conditions would be the favorable trend in exchange rates and the significant reduction in global oil prices.

More information and possibly an initial estimate from the Group's management, regarding the overall financial performance for 2025 will be included in the announcement of the annual financial results for the fiscal year 2024, scheduled for April 28, 2025.

In March 2025, the net sales of the parent company - excluding intragroup sales – decreased by c. -7% y-o-y.

Overall, for the first quarter of 2025 the net sales of the parent company - excluding intragroup sales – increased by c. 10% y-o-y.

The network's sales decreased by c. -8% y-o-y in March 2025. Overall, for the first quarter of 2025 the network's sales increased by c. 6% y-o-y.

The network's sales increased by c. 4% y-o-y in March 2025. Overall, for the first quarter of 2025 the network's sales increased by c. 2% y-o-y.

The network's sales (including the on-line store www.e-jumbo.ro ) increased by c. 12% y-o-y in March 2025. Overall, for the first quarter of 2025 the network's sales increased by c. 6% y-o-y.

As of March 31, 2025, the JUMBO Group had 89 stores, including 53 in Greece, 6 in Cyprus, 10 in Bulgaria, and 20 in Romania.

Additionally, the Group operates online stores in Greece, Cyprus, and Romania.

Through partnerships, the Group is present in 7 countries (Albania, Kosovo, Serbia, Northern Macedonia, Bosnia, Montenegro, Serbia, Montenegro and Israel) with 40 stores under the JUMBO brand. In early April, the third hyper-store with the JUMBO brand opened in Israel.