RichReach Corporation Public Ltd (the “Company”) would like to inform the investors, the general public and the Cyprus Stock Exchange that it has evaluated the recent outbreak of the Coronavirus and has not identified any possible risks on its business and financial position. Therefore, at this time, it is not necessary to take any actions.

However, the Company will monitor and will reassess the situation so that, if necessary, to take appropriate actions.

If there is any change to the above, the Company will issue a new announcement.