Blue Island PLC

Pre-Annual General Meeting Information • Apr 28, 2023

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

28th April 2023

Dear Mr. Trypatsas,

ANNOUNCEMENT

BLUE - Board of Directors meeting approved the company consolidated results for the period ended 31st December 2022, Dividend proposal and AGM set date

We wish to inform you that the Board of Directors of Blue Island Plc met today, 28th of April 2023, and dealt with the following:

• 1. Examined and approved the financial statements for the period ended December 318, 2022. The results are attached. Full copies are available from the company's registered office in 10 Polyfimou Street, Strovolos Industrial Area, 2033 Strovolos, tel 22516555. The final results will also be published on the company's web site at http://www.blue-island.com.cy .
• 1. Decided to hold the shareholders Annual General Meeting on May 31st 2023, at 11:00, at the company's registered office on the address mentioned in (1) above.
• 1. Decided to propose for approval to the upcoming Annual General Meeting the payment of Dividend from the profits of 2021. The dividend proposed is €463.135 which corresponds to €0,03 per share or 17,65% on the share nominal value.

The proposed dividend will be paid to the shareholders registered as at 14/06/2023 (record date). As a result, the ex-dividend date will be the 13/06/2023. The proposed dividend payment date finally, will be the 03/07/2023 (the exact payment date will be announced).

Yours Sincerely,

· ISLAND PLA

Yiannos Economides Secretary

Copy: Cyprus Securities and Exchange Commission

Πολύφημου 10, Βιομ. Περιοχή Στροβόλου, 2033 Στρόβολος
ΕΚ, 26073, 1666, Δ Τ.Κ. 26073, 1666 Λευκωσία | Τηλ.: 22 516555, Φαξ: 22 51800Λος
Π.Κ. 26073, 1666 Λευκωσία | Τηλ.: 22 516555, Φαξ: 22 518044 e-mail: info@blue-island.com.cy www.blue-island.com.cy