Harvest Capital Management Public LTD

Board/Management Information • Mar 9, 2018

A.E.CHARALAMBOUS & CO AUDITORS LTD Certified Public Accountants (CY)

06 March 2018

The Directors

• ΑΙΑΝΤΑΣ ΕΠΕΝΔΥΤΙΚΗ ΔΗΜΟΣΙΑ ΛΙΜΙΤΕΔ
• Regallia Holdings and Investments Public Limited
• Harvest Capital Management Public Limited
• ΙΣΧΥΣ ΕΠΕΝΔΥΤΙΚΗ ΔΗΜΟΣΙΑ ΛΙΜΙΤΕΔ

Dear Sirs

This letter is notice of our resignation as auditor for the below companies, with effect from 07 March 2018.

• 1. ΑΙΑΝΤΑΣ ΕΠΕΝΔΥΤΙΚΗ ΔΗΜΟΣΙΑ ΛΙΜΙΤΕΔ
• 1. Regallia Holdings and Investments Public Limited
• 1. Harvest Capital Management Public Limited
• 1. ΙΣΧΥΣ ΕΠΕΝΔΥΤΙΚΗ ΔΗΜΟΣΙΑ ΛΙΜΙΤΕΔ

Yours fiaithfully A.E.Charalambous & Co Auditors Limited =======================================

Statement of reason relating to the resignation of the firm as auditor of the companies.

The high fees imposed by the Cypaob (Cyprus Public Audit Oversight Board) and the lack of profitability for the firm.

2051 Nicosia - CYPRUS P.C. 1st Floor, Strovolos, 259 Strovolou Ave. , Office 101-102, Tel. +357 22.49.50.50 - Fax. +357 22.49.50.52 - E-mail: asecharalambous@cytanet.com.cy - www.aecharalambous.com