Thermal Springs October 2015 January 2017 1 Contents 1 Why - PowerPoint PPT Presentation

Thermal Springs October 2015 January 2017 1

Contents 1 Why thermal springs in Greece? 2 Investment highlights 3 HRADF’s portfolio 4 Fthiotida cluster 5 Edipsos thermal spring 6 Kythnos thermal spring Hellenic Republic Asset Development Fund 2 www.hradf.com

Why thermal springs in Greece? Greek thermal water composition Proximity to areas of great provides a unique variety of healing historical interest exquisite natural properties sceneries Greece is endowed with natural mineral springs and Thermopylae monument of Leonidas, Byzantine geothermal waters which form an integral part of the Museum of Fthiotida, ancient ruins and castles country’s national wealth. Both seaside and mountainous landscapes of unique natural beauty Potential for many complimentary Unexplored business activity in a outdoor activities traditional tourist destination Increasing demand for authentic health and lifestyle skiing in Parnassos and Karpenisi ski areas, experiences has created the opportunity for Greece trekking, hiking, diving etc to become an international wellness destination Hellenic Republic Asset Development Fund 3 www.hradf.com

Investment highlights 1.Unique Opportunity  Unexplored business activity in a traditional tourist destination such as Greece  The potential for investment include a variety of business development such as hotels, residents, marinas, parks etc. 2. Ideally Located Properties  Geographical location easily accessed by car or by chartered flight (Anchialos airport), or by boat (port of Lavrio)  Most of the properties are beachfront  Proximity to areas of great historical interest and natural beauty  Relatively close to major Ski centers (Parnassos, Karpenisi) (Fthiotida cluster) and daily connections with major Cyclades islands (Kythnos thermal spring) 3. Potential for complementary use and supplementary activities  Proximity among the Thermal Springs allows the complementary use  It is envisaged the properties to be developed either individually or at a cluster form  Potential for many outdoor activities (trekking, hiking etc)  A wide variety of uses could be explored (Agrotourism, ecotourism, golf operation, family or children oriented destination, medical tourism, marina) Hellenic Republic Asset Development Fund 4 www.hradf.com

HRADF’s portfolio HRADF’s portfolio comprises: One (1) thermal spring in Evia, Five (5) thermal springs in Fthiotida, a well known tourist destination with in close proximity to areas of great archaeological interest great beaches and stunning sceneries of green forests One (1) thermal spring in Cyclades, and specifically in Kythnos island which offers the famous Cycladic scenery and the unique hospitality of the locals at an only two hours distance from Piraeus port Hellenic Republic Asset Development Fund 5 www.hradf.com

HRADF’s portfolio Platystomo Thermal Spring Ypati Thermal Spring Edipsos Thermal Spring Thermopylae Thermal Spring Kamena Vourla Thermal Spring & Koniavitis Camping Kamena Vourla Thermal Spring Thermal Springs Platystomo Thermal Spring Ypati Thermal Spring Kythnos Thermal Spring Thermopylae Thermal Spring Kamena Vourla Thermal Spring & Koniavitis Camping Kamena Vourla Thermal Spring Edipsos Thermal Spring Kythnos Thermal Spring Hellenic Republic Asset Development Fund 6 www.hradf.com

Fthiotida cluster Potential for many complimentary outdoor activities (skiing in Parnassos and Karpenissi ski areas, trekking, hiking etc)  Ferry boat connection with the islands of Sporades (Agios Konstantinos and Volos ports) and Evia  Distances / Drive-times from major neighboring cities, transport Pelion Volos infrastructure and tourist sites to : Nea Anchialos Platystomo Karpenissi ski center • Athens (city center): 2h 44’ – 245 km • Volos: 1h 52’ – 156 km Ag. Parnassos • Konstantinos Pelion: 2h 34’ – 184 km ski center • Ag. Konstantinos port: 1h 12’ – 82 km • Nea Anchialos airport: 1h 35’ – 131 km Athens • Parnassos ski center: 1h 25’ – 86 km • Karpenissi ski center: 1h 6’ – 49 km Ypati Thermopylae Kamena Vourla / Koniaviti • • • Athens (city center): 2h 40’ – 230 km Athens (city center): 1h 55’ – 195 km Athens (city center): 1h 55’ – 174 km • • • Volos: 2h 00’ – 145 km Volos: 1h 30’ – 130 km Volos: 1h 45’ – 153 km • • • Pelion: 2h 17’ – 166 km Pelion: 2h 0’ – 157 km Pelion: 2h 14’ – 180 km • • • Ag. Konstantinos port: 0h 55’ – 65 km Ag. Konstantinos port: 0h 27’ – 37 km Ag. Konstantinos port: 0h 11’ – 9 km • • • Nea Anchialos airport: 1h 17’ – 113 km Nea Anchialos airport: 1h 0’ – 104 km Nea Anchialos airport: 1h 14’ – 127 km • • • Parnassos ski center: 1h 07’ – 69 km Parnassos ski center: 1h 39’ – 41 km Parnassos ski center: 0h 56’ – 64 km • • • Karpenissi ski center: 1h 16’ – 64 km Karpenissi ski center: 1h 43’ – 89 km Karpenissi ski center: 1h 55’ – 111 km Hellenic Republic Asset Development Fund 7 www.hradf.com

Fthiotida cluster Proximity among Fthiotida cluster’s thermal springs (the maximum distance between two thermal springs of the cluster is  73 km, i.e. approx. 1h drive) allows for complementary use. Moreover, Fthiotida cluster’s thermal springs are located in proximity to areas of great historical interest (Thermopylae  monument of Leonidas, Byzantine Museum of Fthiotida, ancient ruins and castles) and of great natural beauty. 1h 5’ drive from Platystomo to Cape Artemissium, where the battle of Artemissium, a Kamena Vourla thermal spring series of naval engagements during the 2 nd Persian invasion of Greece in 480 BC took place. Platystomo Byzantine Museum of Fthiotida Ypati Thermopylae Koniavitis Thermopylae Kamena Vourla archaeological site & Memorial of Leonidas and Sparta 300 Delphi archaeological site & Museum Chaeronea, where the famous homonymous battle took place in 338 BC Hellenic Republic Asset Development Fund 8 www.hradf.com

Fthiotida cluster 1. Platystomo Thermal Spring General Info Prefecture Fthiotida  Two hotels, one hydrotherapy center (spa) and numerous supporting facilities are located inside the Municipality Makrakomi property.  One of the hotels and some of the supporting facilities Landplot 785,398 sqm are abandoned. The rest of the existing facilities (of total built area 7.394 sq.m.) are currently operating. Built area 11,194 sqm  The property is currently leased. However, there is a pending litigation between ETAD S.A. and the lessee, Development Tourism-Leisure, who is expected to leave the property. concept Spa, Thematic Park 2. Ypati Thermal Spring General Info  Located at the foot of Oiti mountain, within the Prefecture Fthiotida homonymous town of Loutra Ypatis.  Three listed hotel buildings , one hydrotherapy center Municipality Lamia (spa) and numerous supporting facilities included.  The spring is known since ancient Landplot 700,326 sqm  The property is currently operating as a hydrotherapy Built area c. 11,098 sqm center.  Spring characteristics: 20 ° C < Water temperature < Development Tourism-Leisure, 34 ° C, Na + - Cl - - Ca 2+ - HCO 3 - - K + - HS - - Br - - B - acidic - concept athletic facilities, mineral – hypotonic healthcare buildings Hellenic Republic Asset Development Fund 9 www.hradf.com

Fthiotida cluster 3. Thermopylae Thermal Spring General Info Prefecture Fthiotida  Located in an area of great natural beauty, at the foot of mountain Kallidromo, next to very Municipality Lamia important historical sites  Two hotels, one hydrotherapy center (spa) and Landplot 785,398 sqm. numerous supporting facilities are located inside Built area 4,057 sqm the property but, currently, are not operating.  Spring characteristics: Water temperature > Development Tourism, Leisure, 38 ° C, Na + - Cl - - Ca 2+ - K + - HS - - Br - - B - acidic - concept Historical Theme mineral - hypotonic Park 4. Kamena Vourla Thermal Spring & Koniavitis Camping General Info Prefecture Fthiotida  Beachfront property  Located at the foot of mountain Kallidromo, in Molos - Ag. Municipality Konstantinos proximity to areas of historical interest and natural beauty Landplot 789,272 sqm  Abandoned camping and supporting facilities are located inside the property Built area 1,510 sqm  Spring characteristics: 34 ° C < Water Development Tourism, Leisure, temperature < 38 ° C, Na + - Cl - - K + - HS - - Br - - B - concept vacation homes, acidic - mineral - hypotonic - weakly radioactive eco-camping Hellenic Republic Asset Development Fund 10 www.hradf.com