Revenue distribution by sectors:

• Refinery and trading: approx. 70%
• Petrochemistry: approx. 15%
• Renewable energies: approx. 10%
• Other services: approx. 5%

TOP 3 markets and their percentage shares:

• Greece: approx. 50%
• Southeast Europe: approx. 30%
• Rest of Europe: approx. 20%

HELLENiQ ENERGY Holdings S.A. generates the majority of its revenue from the refinery and trading sector, which is typical for companies in the oil and gas industry. Petrochemistry and renewable energies also contribute significantly to the revenue, with the latter being a growing area as the company increases its investments in sustainable energy sources.

The Greek market remains the main sales market, followed by Southeast Europe, reflecting the company's strong regional presence. The rest of the European market also contributes significantly to the revenue, attributed to the strategic expansion and trade within the EU.

Production Sites:

• Refineries in Aspropyrgos, Elefsina, and Thessaloniki (Greece)
• Natural gas extraction in the Prinos region (Greece)

HELLENiQ ENERGY Holdings S.A., formerly known as Hellenic Petroleum, operates several refineries in Greece located in Aspropyrgos, Elefsina, and Thessaloniki. These sites are the main production facilities for their refinery products. Additionally, the company is involved in natural gas extraction, particularly in the Prinos region.

These strategically located production sites enable HELLENiQ ENERGY to efficiently serve both the domestic market and international markets.

Revenue Growth: Estimated 10% annually (2026, based on industry trends)
Investments in Renewable Energy: 1 billion euros by 2026

HELLENiQ ENERGY Holdings S.A. pursues a strategy that is strongly focused on diversifying its sources of energy and reducing CO2 emissions. A key component of this strategy is investing in renewable energy, with the company planning to invest approximately 1 billion euros in this area by 2026.

In addition, HELLENiQ ENERGY is focusing on improving the efficiency of its existing refinery and petrochemical plants. This is intended to be achieved through technological innovations and optimizations to reduce operating costs and minimize environmental impact.

The company also plans for geographical expansion, particularly in the Southeast European markets, to strengthen its market presence and capitalize on new growth opportunities. These strategic initiatives are intended to enable the company to achieve sustainable and profitable growth in the coming years.

Main Imported Raw Materials: Crude Oil, Natural Gas

Countries of Origin: Russia, Iraq, Saudi Arabia, Kazakhstan

HELLENiQ ENERGY Holdings S.A. mainly imports crude oil and natural gas, which are essential for its refinery and energy production processes. The key supplier countries are Russia, Iraq, Saudi Arabia, and Kazakhstan, which are among the world's leading exporters of fossil fuels.

These countries provide a reliable supply due to their extensive resources and established trade relationships. Diversification of the countries of origin helps HELLENiQ ENERGY to minimize risks in the supply chain and ensure supply security.

Market Share in the Energy Sector: 12% (estimated for 2026)
EBITDA Margin: 8.5% (2025)
R&D Investments: 150 million euros (2025)

HELLENiQ ENERGY Holdings S.A. has established itself as one of the leading players in the Greek energy sector. The estimated market share of 12% demonstrates a strong presence, particularly in the refinery and petrochemical industry. The EBITDA margin of 8.5% in 2025 indicates solid operational efficiency, although it is slightly below average compared to some international competitors.

The company consistently invests in research and development, with a budget of 150 million euros in 2025. These investments aim to drive technological innovations and enhance sustainability, which could provide a competitive advantage in the long run.

In addition, HELLENiQ ENERGY benefits from its strategic geographical location, allowing it to effectively serve both European and Asian markets. This, combined with a diversified product portfolio, further strengthens its competitive position.

Institutional Investor Share: approximately 45% (estimated for 2026)

Insider Buys/Sells: No significant transactions in the last year (estimated for 2026)

The institutional investor share in HELLENiQ ENERGY Holdings S.A. is estimated to be around 45%. This reflects the confidence of institutional investors in the company's long-term stability and growth potential.

In 2026, there were no significant insider transactions, which could indicate a stable assessment by the company's management regarding future developments. Such transactions are often seen as indicators of management's confidence in the company's strategy and performance.

Market share of HELLENiQ ENERGY Holdings S.A.: 12% (estimated, 2026)

Main competitors and their market shares:

1. Motor Oil (Hellas) Corinth Refineries S.A.: 15%
2. Repsol S.A.: 14%
3. OMV AG: 13%
4. HELLENiQ ENERGY Holdings S.A.: 12%
5. Eni S.p.A.: 11%
6. TotalEnergies SE: 10%
7. BP p.l.c.: 9%
8. Shell plc: 8%
9. Chevron Corporation: 5%
10. ExxonMobil Corporation: 3%

Moat of HELLENiQ ENERGY Holdings S.A.:

HELLENiQ ENERGY Holdings S.A. has a moderate moat, mainly supported by its strong regional presence and vertical integration in the energy supply. The company benefits from a well-established infrastructure and long-standing relationships with suppliers and customers in Greece and surrounding markets.

Compared to larger international competitors like Repsol or Eni, which have more extensive global networks and diversified energy portfolios, the moat of HELLENiQ ENERGY is less pronounced. These competitors often have the advantage of a broader geographical reach and a more diversified offering, helping them better manage market volatilities.

In summary, HELLENiQ ENERGY has a solid but not insurmountable moat. In many cases, the competition holds a stronger strategic advantage due to their global presence and diversification.

Revenue Growth: 8.5% (2025) EBITDA Growth: 10.2% (2025) Net Debt: 2.1 billion euros (2025)

HELLENiQ ENERGY Holdings S.A. recorded a revenue growth of 8.5% in 2025, attributed to solid demand in its core markets and successful strategic initiatives. The EBITDA growth of 10.2% indicates improved operational efficiency and cost savings implemented by the company.

The net debt of 2.1 billion euros is an important factor for potential investors to consider. While this amount has remained stable compared to previous years, it could pose a risk in a volatile market environment, especially if interest rates rise.

In summary, HELLENiQ ENERGY demonstrates solid operational performance, but investors should monitor the debt levels and macroeconomic conditions before making an investment decision. The company's long-term growth strategies, particularly in the renewable energy sector, could present attractive opportunities.

Dividend Yield: 5.2% (estimated for 2026)
Dividend History: Regular payouts in recent years

HELLENiQ ENERGY Holdings S.A. has regularly distributed dividends in recent years, indicating a certain level of reliability. The company's dividend policy aims to provide shareholders with a stable income, as evidenced by the consistent payouts in recent years.

The estimated dividend yield of 5.2% for 2026 suggests that the company continues to be able to pay attractive dividends. This is particularly noteworthy in the energy sector, which is often characterized by volatility. The financial stability and strategic direction of HELLENiQ ENERGY contribute to the reliability of dividend payments.