RHCO ANNOUNCES NEW CEO AND BOARD APPOINTMENTS

Readen Holding Corp. (OTC: RHCO), a diversified holding company, today announced  

the appointment of Richard Klitsie as CEO of the Company effectively immediately. Mr. Klitsie is a business development and operations specialist and brings over 25 years of experience to RHCO and is the right person to lead the Company forward into the future. As the new CEO, Mr. Klitsie will oversee RHCO’s growth and restructuring strategy.

In addition to new Company CEO, Mr. Klitsie, RHCO is also pleased to announce the appointment of two new members of its Board of Directors. Peter Hatz will serve as the Company’s COO and director. Mr. Hatz brings a track record of founding two technology startups, OneAxess and Veridate, in the Regtec/Fintech sector and considerable internal compliance experience.

RHCO is also pleased to announce the appointment of Iggy Matheeuwsen as CTO and director. Mr. Matheeuwsen was previously a technical specialist at Texaco Netherlands.

The Company also announced that interim CEO, Jay Jagesar, will become the new COO of European operations. Mr. Jagesar was previously employed by Procter and Gamble.

Richard Klitsie, CEO of RHCO stated, “I truly believe that the Company possesses great potential going forward. We have numerous objectives for 2021 and I believe these will greatly enhance shareholder value. As an investor in the Company myself, I want to assure our shareholders that you will be kept up-to-date on the exciting developments taking place at Readen Holding Corp”

RHCO is a diversified holding company, with an operating history of over 30 years, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns, in order to maximize value for all shareholders. RHCO has subsidiaries and liaison offices in Europe and Asia.

For further information please contact RHCO at info@readenholdingcorp.com or +852 3950 5911

The RHCO corporate email address is info@readenholdingcorp.com

The RHCO corporate website can be accessed at www.readenholdingcorp.com

The NSAV Twitter account can be accessed at https://twitter.com/readenrhco

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Readen Holding Corp. to accomplish its stated plan of business. Readen Holding Corp. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Readen Holding Corp. or any other person.

Contact

Readen Holding Corp.

info@readenholdingcorp.com

+852 3950 5911