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C.O. Cyprus Opportunity Energy Public Company LTD

Business and Financial Review • Jan 31, 2024

2502_rns_2024-01-31_e69fad98-85c2-4b09-a4f2-3afda8de540d.pdf

Business and Financial Review

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31 January 2024

To: Cyprus Stock Exchange Nicosia

ANNOUNCEMENT

Update on Company's Business Plan

Dear Sirs,

Further to the announcement of C.O. CYPRUS OPPORTUNITY ENERGY PUBLIC COMPANY LTD (the r article "Co" the all 19 July 2023 regarding the implementation of its Business Plan, the Company's Board Company / uated as to real on Directors world sector. To this end, the Company is in discussions with companies active in the energy sector and evaluating various investment proposals.

Once a right investment proposal, offering added value to the Company's shareholders, is recognized the Once a nein investment proposal in such projects. Based on the final evaluation of the project and Board of Directors is ready to part of Directors is in discussions with potential investors interested in participating in the Company's equity capital.

Sincerely

Andreas Leonidou Director

C.O. Cyprus Opportunity Energy Public Company Ltd