Asbis Enterprises PLC — Board/Management Information 2019

Apr 18, 2019

Appointment of a Non-Executive Director.

Legal Basis: Art. 56 item 1 section 2 Act on Public Offering – currentand periodic information.

Message:The Board of Directors of ASBISc Enterprises Plc ("theCompany") hereby announces that Mr Tasos.A.Panteli has been appointed tothe Board of Directors as a Non-Executive Director effective from April18th, 2019.

Mr Tasos started his professional career at Nicos Chr. Anastasiades &Partners (Advocates – Legal Consultants), holding the position ofAdvocate in 2001. Since 2005, Mr Tasos has been working at Andreas M.Sofocleous & Co LLC (Advocates – Legal Consultants) as Advocate (Advocate - Partner since 2010).

He received a Bachelor of Laws (LLB) from the Queen Mary and WestfieldCollege (1999), a Postgraduate Diploma in Legal Skills from the CityUniversity London, Inns of Court School of Law (2000). In the same year,he completed the Bar Vocational Course at the City University London,Inns of Court School of Law and was Called to the Bar. In 2001 hereceived a Master of Laws (LLM) from the King’s College London. In 2002he was admitted to the Cyprus Bar Association.

He is a member of the Board of Directors of Cyprus Hydrocarbons Company(CHC) Ltd, a member of the Cyprus Bar Association and a member of theHonourable Society of Lincoln’s Inn (Barrister at Law).

According to the submitted statement, Mr Tasos.A.Panteli does not runany other business competitive to the Company; he is not involved in anyactivities of a competitive company as a partner of a civil partnership,limited partnership or as a board member of a joint-stock company, andis not engaged in any competitive legal entity as its board member.

According to the submitted statement, his name does not appear in theInsolvent Debtors Register.