Toxotis Investments Public Ltd. (the ‘Company’) announced the new composition of the Company's Audit Committee, which has been established and operates in accordance with the relevant provisions of the Auditors Law of 2017. The new composition of the Audit Committee is as follows: Chairman: Charis Assiotis, non-executive director of the Company. Mr. Assiotis specialises in the provision of licenced investment services for more than 25 years. He was the co-founder and executive director of a CIF and has acquired an extensive experience in the analysis of financial statements, data and investments. He has recently assisted in the establishment of an Alternative Investments Firm, licenced by CySEC, in which he has undertaken the duties of executive director and also serves as fund manager. Member: Loizos A. Papacharalambous, non executive director of the Company. Mr. Papacharalambous is partner in a law firm based in Nicosia. Both members of the Company's Audit Committee are independent from the Company and, taking into consideration their qualifications, experience and knowledge, the Company considers that they jointly possess adequate knowledge of the Company's areas of operation.