The Azur Selection PLC

Anexartisias 1 Athinon, 79 Nora Court

Floor 2, Flat 203

Limassol, 3040

Cyprus

Dear Sirs,

Regarding the implementation of the business plan of The Azur Selection PLC, as presented in the Admission Document and supplemented last year, we are pleased to inform you that the company is continuing to take all the necessary measures for dealing the consequences of the COVID 19 pandemic and is consequently following its general objectives according to its business plan.

Last year, we have informed you that 3 major projects would take place during 2021 and keeping true to our original timeframe we have began development on the below projects:

  1. Investment and development in prestigious establishments of a 5-star luxury hotel of total surface of 3.500 sqm located in Agios Stefanos in Mykonos.
  2. Development of mixed-use building in the center of Glyfada.
  3. Investment and development in an existing hotel located right across the prominent port side of Marina in Volos with a view of the Aegean Sea in a total surface of 1.400 sqm.

The Board of Directors

31 January 2022

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The Azur Selection plc published this content on 03 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2022 10:18:03 UTC.