The National Bank of Greece has initiated the first phase of its 2026 share buyback programme, approved by shareholders and regulatory authorities. This initial phase, with a maximum budget of €531.91 million, aims to enhance shareholder returns and improve earnings per share and dividends.

The buyback will be executed on Euronext Athens in two parts, managed independently by Goldman Sachs Bank Europe SE and Morgan Stanley Europe SE. Up to 91.47 million shares may be repurchased, subject to adjustments for treasury shares already held by the bank. The programme may continue until June 8, 2027, though early termination provisions are in place.

Following repurchases, the acquired shares will be cancelled. The bank has committed to transparency by disclosing completed transactions and keeping investors informed of any changes, pending regulatory approvals for the programme's second phase.