Cenergy S A : Co-optation of new Board member and appointment of new Chairman

REGULATED INFORMATION

INSIDE INFORMATION

PRESS RELEASE OF CENERGY HOLDINGS SA

Brussels, 16 November 2020

The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments, which have been admitted for trading on a regulated market.

Co-optation of new Board member and appointment of new Chairman

Cenergy Holdings announces that following the death of Jacques Moulaert, Chairman of its Board of Directors (the Board), the Board convened on November 16, 2020 and decided the following: a) the co- optation of Ms. Margaret Zakos as member of the Board, replacing Jacques Moulaert, and b) the appointment of Mr. Xavier Bedoret as Chairman of the Board, replacing Jacques Moulaert.

All decisions are effective immediately.

About Cenergy Holdings

Cenergy Holdings is a Belgian holding company listed on both Euronext Brussels and Athens Stock Exchange, investing in leading industrial companies, focusing on the growing global demand of energy transfer, renewables and data transmission. The Cenergy Holdings portfolio consists of Corinth Pipeworks and Hellenic Cables, companies positioned at the forefront of their respective high growth sectors. Corinth Pipeworks is a world leader in steel pipe manufacturing for the oil and gas sector and major producer of steel hollow sections for the construction sector. Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables for the aforementioned sectors. For more information about our company, please visit our website at www.cenergyholdings.com