Blue Island PLC

AGM Information • May 31, 2023

Mr. Nicos Trypatsas, To: Acting General Manager, Cyprus Stock Exchange, Nicosia

31st May 2023

Dear Mr. Trypatsas,

ANNOUNCEMENT BLUE - Annual General Meeting Results

The Annual General Meeting of Blue Island Plc took place today, at the company's registered office. The AGM dealt with the agenda and approved the following:

• 1. Read and approved the Director's Report, the Audit Report and the consolidated financial statements of the company for the year ended 31st of December 2022.
• 1. Approved the Board of Directors proposal for dividend payment from 2021 profits of €0,03 per share or 17,65% on the nominal value, in cash. The dividend will be paid to the registered shareholders as at 14th June 2023 (record date). As a result, the ex-dividend date will be the 13th of June 2023. The dividend will be paid to the shareholders by the 3rd July 2023.
• 1. Re-elected Messrs. Constantinos Zaloumis, Andronikou and Anna-Maria Kremmou as Board Members (relevant re-appointment statements are attached).
• 1. Decided to set the remuneration of the Board of Directors from €300 to €400 per meeting per Director.
• 1. Appointed KPMG Limited as external auditors of the company for 2023 and authorised the Board of Directors to set their remuneration (relevant re-appointment statement is attached).

For and On Behalf of Blue Island Pic,

JOWS BLOE ISLAND PLC

Yiannos Economides Secretary

Copy: Cyprus Securities and Exchange Commission

Πολυφήμου 10, Βιομ. Περιοχή Στροβόλου, 2033 Στρόβολος Τ.Κ. 26073, 1666 Λευκωσία | Τηλ.: 22 516555, Φαξ: 22 518044 e-mail: info@blue-island.com.cy www.blue-island.com.cy

10 Polyfimou Street, Strovolos Industrial Area, 2033 Strovolos P.O.Box: 26073, 1666 Nicosia | Tel.: 22 516555, Fax: 22 518044