Announcement of Regulated information pursuant to L. 3556/2007

Notification of substantial holdings L. 3556/2007

OPAP S.A. (the “Company”, “Issuer”), pursuant to the provisions of L.3556/2007 and following disclosure received by Emma Delta Hellenic Holdings Ltd on 16.07.2019 as a result of an indirect change in the quality of control of the voting rights in the Company, announces the following:

Emma Delta Management Ltd is the only entity having voting rights in Emma Delta Variable Capital Investment Company Ltd, which is the sole shareholder of Emma Delta Hellenic Holdings Ltd. Emma Delta Hellenic Holdings Ltd holds 33% of the shares and voting rights in the Issuer.

On Thursday, 11 July 2019, the transaction for the transfer of 25% of voting rights in SAZKA Group a.s. by Emma Gamma Limited (ultimately controlled by Mr. Jiří Šmejc) to KKCG AG (ultimately controlled by VALEA FOUNDATION) was completed. Following this, Emma Delta Management Ltd is jointly controlled by its ultimate beneficiaries, VALEA FOUNDATION (66.7%) and Mr. Georgios Melissanidis (33.3%, through Georgiella Holdings Co. Limited).

Athens, 18.07.2019

OPAP S.A.