Blue Island PLC

Pre-Annual General Meeting Information • Jun 12, 2020

To the Shareholders of Blue Island Plc

Nicosia, 12th June, 2020

NOTICE FOR ANNUAL GENERAL MEETING

The annual General Meeting of Blue Island Plc will be held at the company's registered office 10 Polyfimou Street, Strovolos Industrial Area, 2033 Strovolos, on Monday, 6 th of July 2020 at 11:00, to transact the following business:

• 1. To consider and approve the Board of Directors report of the company for the year ended 31st of December 2019.
• 1. To consider and approve the Audit report and the consolidated financial statements of the company for the year ended 31st of December 2019.
• 1. To consider and approve the Board of Directors decisions for interim dividend payments on the 25 th September 2019 from the profits of 2017 and 24th February 2020 from the profits of 2018.
• 1. To elect members of the Board of Directors.
• 1. To fix the remuneration of the members of the Board of Directors.
• 1. To appoint external auditors and authorise the Board of Directors to fix their remuneration.

For and On Behalf of Blue Island Plc, Yiannos Economides Secretary

Notes:

• 1. Any person appearing as a shareholder in the Register of Members of the Company is entitled to participate in the Annual General Meeting, or appoint a proxy to attend and vote on his behalf. The instrument appointing a proxy (Form of Proxy), must be deposited at the registered office of the company (10 Polyfimou Street, Strovolos Industrial Area, 2033 Strovolos, fax: +357 22 518 044) at least 48 hours before the time of the Meeting.
• 1. If such appointer is a company, the Form of Proxy must bear the name of the company, and be signed and stamped by the duty authorised officer/s.
• 1. In the case of joint shareholder, the Form of Proxy can only be signed by the person whose name appears first in the Register of Members.

FORM OF PROXY FOR THE ANNUAL GENERAL MEETING

To: Blue Island Plc 10 Polyfimou Street, Strovolos Industrial Area, 2033 Strovolos

I/We the undersigned ....................................................................................................with ID ......................... registered member of Blue Island Plc, appoint …........................................................................................ with ID ......................... to attend and vote on my/our behalf on the Annual General Meeting of the Company that will be held on the 6 th July 2020 at 11:00 at the company's registered office 10 Polyfimou Street, Strovolos Industrial Area, 2033 Strovolos.

Date _______________________ Signature ________________________________