Rolandos Enterprises Public Limited informed that Company has decided to proceed with the replacement of its Financial Controller Mr. Andreas Loizou with Mr. Charalambos Christodoulides. The reason for this change is to give Mr. Loizou the opportunity to provide his time in its totality, for the development of the foreign market regarding the products of the Company, something which he is already doing from Amsterdam, The Netherlands, where he is situated since 2017. Mr. Christodoulides, who is a chartered accountant and has been acting as an independent consultant of the Company for numerous economic matters since 2020.

The appointment of Mr. Christodoulides is effective as of May 10, 2022.