April 15, 2025

Dolphin Cove Limited (DCOVE) has advised with reference to statements made in a letter to Jamaica Stock Exchange from World of Dolphins dated April 8, 2025, which have been posted on Instagram and on Dolphin Cove Limited’s website, DCOVE has advised that based on legal advice received to date, the ‘notice’ signed on behalf of World of Dolphins, and inter alia, issued  on an unauthorized ‘letterhead’ of Dolphin Cove Limited, is ineffective for the purposes of Article 95(h) of the Company’s Articles of Incorporation and therefore the office of Director occupied by Stafford Burrowes has not been vacated in accordance with that Article.

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