Reference is made to the stock exchange notice from Black Sea Property AS (the "Company") on 26 June 2022 regarding opening of the Sunrise Gardens Resort (the "Resort"). The Company has been informed that there will be a minor postponement of the opening of the Resort in order to conduct all necessary testing and finalization of the facilities of the Resort. The Resort is now expected to open within the coming 10-day period, i.e. within 8 July 2022.