Isxis Investment Public LTD

Share Issue/Capital Change • Dec 22, 2020

ANNOUNCEMENT

The Board Directors of the ISCHIS INVESTMENTS PUBLIC LIMITED, in today's meeting decided to convene an Extraordinary General Meeting on Friday, February 12, 2021 at 4:30 pm, to examine and approve the following special resolution:

«SPECIAL RESOLUTION»

«It is hereby decided that the authorized share capital of the Company today consisting of €2.380.000 divided into 14.000.000 ordinary shares of nominal value €0,17 each share be reduced into €140.000 divided into 14.000.000 ordinary shares of nominal value €0,01 each and the issued share capital of the Company today consisting of €1.870.000 divided into 11.000.000 ordinary and fully paid up shares of nominal value €0,17 each share be reduced into €110.000 divided into 11.000.000 ordinary and fully paid up shares of nominal value €0,01 each share and that such reduction be effected by reducing the nominal value of each share from €0,17 each share to €0,01 each share, because the sum of €0,16 for each issued and fully paid ordinary share, that is the amount of €1.760.000 due to damages is not represented by available assets"

Anteva Secretarial Services Ltd Secretary.

21 December 2020

Cc: Cyprus Securities and Exchange Commission