ANNOUNCEMENT TO SUPPORT NEW COMBINED ANNUAL ACCOUNTING

ANNOUNCEMENT TO SUPPORT NEW COMBINED ANNUAL ACCOUNTING

Due to changes in international regulation, we were forced to radically reorganize the company's strategy and structure.

Consolidation with Russian assets has been postponed to a time when regulations and the international situation will allow such an operation.

In connection with this decision, Russian assets were excluded from the combined statements in order not to mislead investors and to conduct an audit of the company’s statements (while retaining Russian assets, such an audit is currently impossible). In addition to Rafarma, the combined reporting includes the following organizations that are in the process of joining Rafarma:

1. Limited Liability Partnership "MEDLAJN FARMATSEVTIKA" (Kazakhstan)
2. Noya Therapeutics Limited (Hong Kong)
3. Noya Therapeutics Ltd. (Israel)

The company's focus has shifted to the aggressive development, production and organization of supplies of medical equipment, primarily for nuclear medicine - this is done by Noya Therapeutics Limited (Hong Kong). Over the past few years, this company has also been implementing a project to develop and implement “Smart” packaging for medicines in the world.

1. Noya Therapeutics Limited (Hong Kong) was incorporated on 6 June 2022 as a private limited company listed in Hong Kong. NTL also supplies its customers in different countries with medical equipment from such manufacturers as Chirana (Slovakia), Comen (China), Hebei Piling Medical Instruments So., Ltd (China), Atmos (Germany).

2. Limited Liability Partnership "MEDLAJN FARMATSEVTIKA" (Kazakhstan) carries out wholesale sales of medicines and covers more than 80% of the market thanks to contracts with all national and regional wholesalers, as well as with all major pharmacy chains in Kazakhstan. LLP "MEDLAJN FARMATSEVTIKA" ranks 53rd in the list of Dynamically Developing Enterprises according to the Register of Leading Suppliers of Goods and Services of Kazakhstan 2023.

3. Noya Therapeutics Ltd. (Israel)

Noya Therapeutics Ltd. (Israel) was registered as a private limited liability company whose shares are registered in Israel, registration number 516743473. Currently, in this company we have concentrated our main investments in the development of radiopharmaceuticals, reselling to it our existing technological projects and know-how.

Our goal is to concentrate all innovative developments in the field of drugs and isotopes in it.

Raivo Unt

03/26/2024