Eastern Property Holdings Limited (EPH) Notice of Annual General Meeting to be held on 16 June 2020

The organisation of public or private events has been banned by European states until different dates. As a precautionary measure to reduce any risk of a new coronavirus, the Board of Directors of Eastern Property Holdings Ltd. (hereinafter the "Company") decided to only invite its two major shareholders to the physical meeting and ask all other shareholders to exercise their rights exclusively through the independent proxy. Please refer to the invitation under item 7 for information on how to authorize and instruct the independent proxy.

NOTICE is hereby given that the Annual General Meeting of the Company will be held on 16 June 2020 at 11:00 AM at Sele Frommelt & Partner Rechtsanwälte, Meierhofstrasse 5, 9490 Vaduz, Liechtenstein with only the chairman representative, auditor, independent proxy and the two main shareholders being present.

The Annual General Meeting will be held for the following purposes:

AGENDA

1) Election of Hans Messmer as Chairman Representative

Due to ongoing Covid-19 the Chairman of the Board, Olga Melnikova, might not be able to participate in the Annual General Meeting of the Company. It is proposed to elect Hans Messmer, member of the Board of Directors of the Company, as her representative for the meeting.

2) Election of Sele Frommelt & Partner Rechtsanwälte as Independent Representative

The Board of Directors proposes Sele Frommelt & Partner Rechtsanwälte, as independent representative for this year's Annual General Meeting.

3) Approval of the results for the year ended 31 December 2019

The Board of Directors proposes to approve the annual report, the annual financial statements of Eastern Property Holdings Ltd. and the consolidated financial statements as at 31 December 2019.

The annual business report and the auditor’s report are available for examination by shareholders (i) at the Company’s head office at: Eastern Property Holdings Ltd., c/o Hauteville Trust (BVI) Ltd. P.O. Box 3483, Road Town, Tortola, British Virgin Islands; (ii) at the office of the representative of the Manager, Valartis International Ltd: Valartis Advisory Services SA, St. Annagasse 18, 8001 Zurich, Switzerland and (iii) on the Company website: www.easternpropertyholdings.com.

4) The Board of Directors proposes to decide not to pay a dividend from the 2019 results

Due to the ongoing Covid-19 pandemic and the uncertain impact on the economy, the Board of Directors proposes not to pay a dividend for the year 2019.