OFFICIAL STATEMENT

AfroRecords General Management

AfroRecords would like to announce the launch of a new platform.

Since AfroRecords was founded, we have had a clear objective: to promote the music of all the artists we collaborate with. Based on this, investments have been made to achieve continuous improvement, providing multiple quality resources so that the work done by the artists is always above expectations, and thus achieve the goals set by the artist and the label.

It is possible that some uncertainties have been created around the label due to our recent pause in recent months. We recognize that despite the many investments made in the past, mistakes have been made. We would like to make it known that during this period and after evaluating the Label company’s track record over the last few years, we came to the conclusion that a restructuring in line with today’s requirements is necessary.

This restructuring translates into the complete disengagement from the label of the former CEO and founder of the label, Mr. Ruslan Obiang Nsue, handing over all rights to a new young and qualified team that belongs to the music industry in Equatorial Guinea, Spain and Latin America with years of experience in this sector and that will help boost the label and the artists to have a greater global reach.

This restructuring will also mean an update of our online platforms, with the purpose of giving our loyal fans and artists the possibility to expand their art to every corner of the five continents after our recent agreement to distribute through Ada Music (Warner Music Group).

In a world where music transcends barriers, we are pleased to present our website www.afrorecordsmusic.com designed to facilitate direct contact with Afrorecords. This platform will become the meeting point for music lovers and creators, offering a range of features that will be expanded over time. New features include the ability to publish, download, play, and buy your favorite music.

We understand that success requires continuous adaptation to the times and that is why we are constantly striving to improve for the benefit of both listeners and artists.

Our intention from here will be to unlock new possibilities and create a vibrant future for music and its creators. Together we will shape a more dynamic and connected industry that transcends all borders.