Mr. Elad Hameiri reports

OCEANSIX ANNOUNCES FULL-YEAR 2023 FINANCIAL RESULTS

Oceansix Future Paths Ltd. has released its financial results for the year ended Dec. 31, 2023. The company is publicly traded on the TSX Venture Exchange, the New York Stock Exchange and the Frankfurt Stock Exchange.

Annual financial highlights:

• Sales growth: significant growth of sales in the company's key subsidiary, Flome, showcasing strong market performance and product demand;
• Bottom line improvement: adjusted bottom line shows considerable progress, factoring in recoverable impaired amounts and other incomes;
• E-commerce focus: e-commerce project remains central to the company's strategy, with promising updates expected soon;
• Shareholder support: strong commitment from existing shareholders to support and expand their stakes in the company, underlining confidence in the company's growth trajectory.

Financial statements and detailed analysis

The full consolidated financial statements and the related management's discussion and analysis (MD&A) for the year ended Dec. 31, 2023, are available on the company's website and under the company's profile on SEDAR+. All financial figures are in U.S. dollars unless otherwise stated.

Teams call invitation

Oceansix invites shareholders and interested parties to join a webinar detailing the financial results and discussing future prospects. The webinar will be held on Wednesday, May 8, 2024, at 10 a.m. EST (4 p.m. CEST).

About Oceansix Future Paths Ltd.

Oceansix is a global innovator focused on sustainable solutions through waste-to-product technology. With operations spanning multiple continents, the company is dedicated to advancing environmental sustainability while delivering economic growth and shareholder value.

We seek Safe Harbor.