Ilustrato Pictures International Inc (ILUS)

[moneyman2013]

Tweet out: https://data-room.center/Data/ILUS/Letters/Letter0503212022.pdf

21 March 2022

RE: Share Structure

Dear Shareholders,
We would like to confirm that our Share Structure (SS) update is being completed and will be visible on the 1st of April 2022 or very shortly thereafter. This is because the TA updates the changes on the 1st and 15th of each month and our latest update should reflect on or very shortly after the 1st of the new month.

In the meantime, we can confirm that as stated previously, the current amount of ILUS outstanding shares is 1,263,530,699 and the company is reducing these outstanding shares by a further 180 million. We previously confirmed the simultaneous issuing of three blocks of restricted shares for completed acquisitions, which will result in the outstanding shares remaining in the region of 1,2 billion at the time of the SS update. As mentioned above, we expect the update to reflect around the 1st of April 2022.

As was also mentioned previously, we are continuing our efforts to further reduce the outstanding shares down towards 1 billion. We are therefore actively considering the options to offer Shareholders an opportunity to lock up shares in a preferred category.
Thank you for your continued support.

Yours sincerely,

JP Backwell