1.

We refer to the Facility Agreement. Words and expressions defined in the Facility Agreement shall have the same meaning when used in this side letter to the Facility Agreement (the “Letter”).

2.

With effect from 19^th January 2026 (the “Effective Date”) we agree that clause 27.11 (Change of Control) of the Facility Agreement shall be deleted in its entirety and replaced with the following new clause:

(a)

Any of the members of the Nominated Family cease to be the major shareholder or cease to control (directly or indirectly) the Corporate Guarantor. For the purpose of this paragraph (a), “control” means:

(i)

the power (whether by way of ownership of shares, proxy, contract, agency or otherwise) to:

(A)

cast, or control the casting of, at least 35 per cent. of the maximum number of votes that might be cast at a general meeting of the Corporate Guarantor; or

(B)

appoint or remove all, or the majority, of the directors or other equivalent officers of the Corporate Guarantor; and

(ii)

the holding beneficially of at least 35 per cent. of the issued share capital of the Corporate Guarantor, including any voting rights attaching to those shares and

(b)

any person or group of persons, other than the Nominated Family, acting in concert gains (directly or indirectly) more than 34.9 per cent. of the ultimate legal or beneficial ownership of the Corporate Guarantor (and the voting rights attaching to those shares) and for the purpose of this paragraph (b), “acting in concert” means a group of persons who, pursuant to an agreement or understanding (whether formal or informal), actively co-operate, through the acquisition directly or indirectly of shares in the Corporate Guarantor by any of them, either directly or indirectly, to obtain or consolidate control of the Corporate Guarantor; and

(c)

Mr. Ioannis Alafouzos or any member of the Nominated Family no longer serves as the Chairman of the Corporate Guarantor.”.

3.

Each of the Facility Agreement and the other Finance Documents shall be deemed to be amended as of the Effective Date by construing all references throughout such documents to the ‘Facility Agreement’, ‘this Agreement, ‘this Deed’, ‘hereunder’ and other similar expressions as references to such documents as amended and supplemented by this Letter.

4.

This Letter shall constitute a Finance Document.

5.

Save as amended hereby the terms of the Facility Agreement remain in full force and effect and the Borrower and the Guarantor agrees to be bound by its terms as so amended.

6.

Clause 35 (Notices) of the Facility Agreement shall extend and apply to this Letter as if the same were (mutatis mutandis) herein expressly set forth.

7.

This Letter and any non-contractual obligations arising out of or in connection with it shall be governed by and construed in accordance with English law and clause 46 (governing law) and clause 47 (enforcement) of the Facility Agreement shall extend and apply to this Letter as if the same were (mutatis mutandis) herein expressly set forth.