SFS Public : Delisting of the shares of SFS Group Public Company Ltd from the Cyprus Stock Exchange (Regulated Market)

ANNOUNCEMENT

Delisting of the shares of SFS Group Public Company Ltd from the Cyprus Stock

Exchange (Regulated Market)

The Cyprus Stock Exchange announces that, after obtaining the approval of the Securities and Exchange Commission, it will proceed to delist the titles of SFS Group Public Company Ltd (Regulated Market), pursuant to the powers conferred on it by Article 178(1) of the Securities and Cyprus Stock Exchange Law, as the conditions for the smooth operation of the stock exchange market in relation to the company's titles are no longer satisfied and important ongoing obligations are not complied with. As a result, investor interests are put at risk.

More specifically, it is noted that SFS Group Public Company Ltd has not complied with its obligation to submit and publish:

1. its Annual Financial Report for the year ended 31/12/2019,
2. its Half-Yearly Financial Report for the period ended 30/06/2020,
3. its Annual Financial Report for the year ended 31/12/2020,
4. its Half-Yearly Financial Report for the period ended 30/6/2021.

The delisting of the above company's shares from the Stock Exchange will take effect on 5 January 2022. The company's titles will remain suspended until their delisting. It is noted that on the same date, the company's titles will also be delisted from the Central Securities Depository and Central Registry, in accordance with Article 19 of the Securities and Cyprus Stock Exchange (Central Securities Depository and Central Registry) Law.

Nicosia, 17 December 2021