Bermuda Press (Holdings) Limited – Repurchase of Shares

Hamilton, Bermuda – 26, January 2023 – In a filing with the Bermuda Stock Exchange (“BSX”), Bermuda Press (Holdings) Limited. (The “Company”; Ticker: BPH.BH) confirms the repurchase of its own shares. The full filing stated:

January 26, 2023

Per BSX Listing Regulation IIB (6.14, 2.i), Bermuda Press Holdings Limited confirms the repurchase of its own shares on the BSX as follows:

January 26, 2023 – 282 shares at $8.00

The Board of Directors (Board) of the Bermuda Press (Holdings) Limited has previously expressed concerns about the liquidity and valuation of the Company’s shares trading on the BSX. The Board believes that our purchases, given the discount between book value and trading value of the Company’s shares, utilize the Company’s free cash flow to return value to the shareholders.

Jonathan Howes

CEO/Director

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About BSX

The Bermuda Stock Exchange (BSXTM) is a fully electronic, vertically integrated international securities market headquartered in Bermuda and organized in 1971. BSX specializes in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants, and insurance linked securities. To learn more about BSX visit https://www.bsx.com and or contact info@bsx.com