ESHRAQ INVESTMENTS P.J.S.C

On October 4, 2024, Eshraq Investments PJSC held its fifth Board of Directors' meeting for the year. The meeting took place at 11:30 am and involved discussions and approvals of general business matters related to the company. The disclosure was addressed to the Abu Dhabi Securities Exchange's Disclosure and Compliance Section. The letter was signed by Mohammad Al Bazaieh, the Corporate/Board Secretary.

Eshraq Investments PJSC has scheduled its Board of Directors' Meeting No. 5 for the year 2024 on Friday, October 4, 2024. The meeting will be conducted via video and audio conference call, starting at 11:30 AM. The agenda for the meeting includes discussing general business matters that will not impact the share price. The disclosure was signed by Mohammad Al Bazaieh, the Corporate/Board Secretary, and addressed to the Disclosure and Compliance Section of the Abu Dhabi Securities Exchange.

ESHRAQ INVESTMENTS PJSC has released a review report and condensed consolidated financial information for the six-month period ending on June 30, 2024.

Resolution No. (475) of 2024 announces the temporary suspension of trading on the shares of ESHRAQ INVESTMENTS P.J.S.C. due to the company's failure to submit their financial statement. The suspension will commence on August 14, 2024, and will remain in effect until further notice. The resolution mandates all heads of departments in ADX to execute this decision within their respective fields and requires the resolution to be circulated to the SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by the authorized person and was issued on August 14, 2024.

Eshraq Investments PJSC held a Board of Directors meeting on August 13, 2024, with all five board members present, achieving a 100% quorum. The board approved the condensed consolidated interim financial information for the six-month period ending June 30, 2024 (unaudited) for Q2 of 2024 and authorized the Chairman to sign them. Additionally, the board made decisions regarding internal administrative and organizational matters. The disclosure was communicated to the Abu Dhabi Securities Exchange.

Eshraq Investments PJSC has announced that their Board of Directors' Meeting No. 4 for the year 2024 will be held on Tuesday, August 13, 2024, via video and audio conference call, starting at 16:30. The agenda includes reviewing and approving the condensed consolidated interim financial information for the six-month period ending June 30, 2024 (unaudited), and discussing other general business matters. The announcement was made by Mohammad Al Bazaieh, Corporate/Board Secretary.

Eshraq Investments PJSC, listed on the Abu Dhabi Securities Exchange, has announced a new corporate strategy focusing on directly held Private Equity investments in high-growth GCC companies over a 5-7 year period. This strategy aims to maximize shareholder value by balancing the portfolio with cash generation from minority equity positions, fixed income assets, and Real Estate investments. The company is also evaluating options for its legacy portfolio, including developed and undeveloped Real Estate assets and the future management of the Goldilocks Fund. The Board has mandated immediate execution of the strategy. Chairman Fahad Al Qassim and CEO Mohamed Al Hashimi expressed confidence in the new direction, highlighting the company's strong balance sheet and experienced management team as key enablers for future growth. Further announcements regarding the transition of legacy assets are expected soon.