AS „Rīgas kuģu būvētava” (Company) hereby declares that it has still not managed to prevent the reasons indicated in announcements of April 30^th, 2024, June 12^th, 2024, July 23^rd, 2024, August 30^th, 2024, October 04^th, 2024, and January 16^th, 2025 for which an audited financial report of 2023 is not yet published.

The Company takes all possible measures to complete the audit of the financial report of 2023 as soon as possible and, in accordance with the decision taken at the Extraordinary Shareholders’ Meeting of the Company on February 27^th, 2025, to approve an audited financial report of 2023 at the next Extraordinary Shareholders’ Meeting to be held on March 26^th, 2025.

According to the mentioned above, the Company intends to publish an audited financial report of 2023 no later than March 26^th, 2025.

The Board of Directors of AS „Rīgas kuģu būvētava”