Dear all,

I would like to inform you that Jean-François de Comarmond has stepped down as Chief Executive Officer [CEO] on 17 July 2020, further to a mutual agreement with the Board.

In the interim the Board of Directors of BlueLife Limited has appointed me, as Acting Chief Executive Officer.

I am indeed honoured by the trust placed in me and shall strive to work in the best of my abilities, together with my dedicated and passionate team members, for the higher interest of the company and our various stakeholders.

Change forces adaptation that can be stewarded by effective leadership.  My intention in the coming months is to promote, encourage and facilitate advancement in the areas in which we have already demonstrated successful outcomes and results. With my 13 years of experience within the company, and extensive knowledge of an ever-evolving property and real estate environment, I am confident that we can meet the expectations of all our stakeholders by carefully considering your respective interests, even during these challenging times that we are living.

BlueLife will pursue with confidence to deploy its outlined projects whilst bringing new ideas for the development of our unique landbank at Azuri, in order to generate revenue in the years to come and deliver against our Live Truly lifestyle that we have succeeded in creating in this beachside smart village.

I cannot end this letter without thanking you heartily for your unfailing trust in BlueLife over the years. I remain available to attend to any queries you may have.

Thank you.
Sincerely,
Hugues