06 July 2026

Early Termination of Share Buyback Programme Resolution of General Shareholders’ Meeting on 02.07.2026

AVAX SA (the «Company») announces that the Annual General Meeting of its shareholders on 02.07.2026 voted for the early termination of the share buyback programme, which was approved at the Annual General Meeting of shareholders on 15.07.2025 and included the purchase of up to 5,000,000 of the Company’s common, registered shares through the Athens Stock Exchange (which has since been renamed Euronext Athens), at a minimum purchase price of €0.50 per share and a maximum purchase price of €5.00 per share over a maximum time period of 24 months.

During the term of the Programme, the Company acquired a total of 933,579 own shares, which correspond to 0.63% of its total shares outstanding, at an average €3.10 price per share.

Taking into account the stock of 212,500 own shares acquired at an earlier period, the Company currently holds a total of 1,146,079 (= 212,500 + 933,579) own shares, which correspond to 0.77% of its total shares outstanding, at an average cost of €2.80 price per share.

Marousi, July 06, 2026
The Board of Directors

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