Lanitis Golf Public Co Ltd

AGM Information • Jun 14, 2023

Office of the Secretary

10, George Gennadiou Street Agathangelos Court 3rd floor, office 303 3041 Limassol – Cyprus P.O.Box 50012, 3600 Limassol – Cyprus

Tel.: +357 25871600 Fax: +357 25362001

ANNOUNCEMENT

The annual general meeting of Lanitis Golf Public Co. Limited ("the Company") was held on 13/06/2023 at Limassol.

At the said annual general meeting the shareholders present or represented, were representing more than 99% of the issued share capital of the Company.

During the annual general meeting of the Company the following decisions were taken unanimously:

• 1. The audited financial statements of the Company for the financial year 2022 were approved.
• 1. The management report of the directors to the shareholders for the financial year 2022 was approved.
• 1. The re-election of the retiring members of the board of directors, Messrs Kevin Valenzia, Mark Gasan and Costas Charitou was approved (Forms 135(2) attached).
• 1. That the directors shall receive no remuneration until the operation of the Company in full scale.
• 1. The re-election of the auditors of the Company Messrs. PricewaterhouseCoopers Limited for the year 2023, at a fee to be fixed later by the board of directors was decided.

Limassol, 14th of June 2023