Rolandos Enterprises Public Limited at its annual general meeting held on June 22, 2022, approved the resignation of Mr. Andreas Loizou as one of the members of the Board of Directors of the Company. They note that no other person has been appointed as a member of the Board of Directors, in the replacement of Mr. Loizou, therefore the position will remain vacant at this stage. It is also important to note that the resignation of Mr. Loizou does not affect his position as a member of the Audit Committee of the Company as he will remain a member of the Committee.