OTE - Shareholding Structure

Shareholding Structure

Starting in 1996, the Greek State gradually decreased its participation in OTE’s share capital. Following an agreement between the Greek State and Deutsche Telekom, as of November 2008 each party held 25% plus one share of OTE’s share capital. Following a further sale of shares and voting rights, as of 11 July 2011 Deutsche Telekom’s stake in OTE has risen to 40% while that of the Greek State amounts to 10%.

Hellenic Republic: 10.0%

Deutsche Telekom: 40.0%

International institutional shareholders: 29.5%

Greek institutional shareholders: 10.7%

Other shareholders: 9.8%

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