| The Board of Directors of Milkiland N.V. (the "Company") informs that on June 18, 2020, the Board received the notification from R-Assets Cooperatief U.A. (hereinafter “R-Assets Cooperatief”), with its registered seat in De Cuserstraat 93, 1081CN Amsterdam, the Netherlands, dated June 15 2020, on decline of holding of shares of Milkiland N.V. below the threshold of 5% of the total number of votes at the General Meeting of the Shareholders of the Company due to the selling transaction made on June 5, 2020. On June 19, 2020, R-Assets Cooperatief holds 0 (zero) shares of the Company. Before the transaction R-Assets Cooperatief held 1,562,800 (one million five hundred and sixty two thousand eight hundred) shares of the Company that constituted 5.0% of Company’s share capital and corresponded to 1,562,800 (one million five hundred and sixty two thousand eight hundred) votes or 5.0% of the voting rights at the General Meeting of Shareholders of the Company. Also, the Board of Directors of the Company informs that on June 18, 2020, the Board received the notification from R-Assets N.V., with its registered seat in Kaya Richard J. Beaujon Z/N, Curacao, Art. 160, Par. 2, Point 4 B, of crossing the threshold of 5% of the total number of votes at the General Meeting of the Shareholders of the Company due to the share purchase transaction made on June 5, 2020. On June 19, 2020 R-Assets N.V. holds 1,562,800 (one million five hundred and sixty two thousand eight hundred) shares of the Company that constituted 5.0% of Company’s share capital and corresponded to 1,562,800 (one million five hundred and sixty two thousand eight hundred) votes or 5.0% of the voting rights on the General Meeting of Shareholders of the Company. Before the transaction R-Assets N.V. held 0 (zero) shares of the Company. | |