August 15, 2018

Blue Power Group Limited (BPOW) has advised that a resolution was passed on August 14, 2018 at the Annual General Meeting of the Company, which increased the Authorized Share Capital from 99,000,000 to 990,000,000 shares of no par value and the Issued Share Capital from 56,499,000 to 564,990,000 shares of no par value.

 BPOW has also advised that a resolution was passed on August 14, 2018 at the Annual General Meeting of the Company, which subdivided the shares so that for every existing share of no par value there are ten shares of no par value. The effective date for the split is August 29, 2018 and the ex-date is August 28, 2018.