Abu Dhabi Ship Building Co.

On May 22, 2024, the Abu Dhabi Ship Building PJSC announced a restructuring of its Human Resources and Nominations Committee. The Board of Directors issued a resolution on May 22, 2023, to restructure the committee to consist of three members and an advisor. The members include Anas Al Barguthi (Chairman), Khalifa Abushahab (Member), Dr. Najwa Aaraj (Member), and Noor Al Sulaimani (Advisor). The resolution will be presented at the next Board of Directors meeting and recorded in the minutes.

The text refers to the unaudited condensed interim consolidated financial information of Abu Dhabi Ship Building PJSC for the three-month period ending on 31 March 2024.

Resolution No. (415) of 2024 announced the temporary suspension of trading on the shares of Abu Dhabi Ship Building Co. This decision was made as the company failed to submit their Financial Statement. The suspension, starting from 15-May-2024, will continue until further notice. All heads of departments in ADX are instructed to execute this resolution in their respective fields. This resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was approved by an authorized person and issued on 15/05/2024.

On 15th May 2024, the Abu Dhabi Securities Exchange disclosed that the Board of Directors of Abu Dhabi Ship Building PJSC issued a resolution on the 14th of May 2024. The resolution approved the financial results for the first quarter of 2024, ending on 31st March 2024.

The General Assembly Meeting for Abu Dhabi Ship Building PJSC took place on 25 April 2024 from 4:00 PM to 5:00 PM at the Erth Hotel in Abu Dhabi, with an option for electronic attendance. The board of directors present included Chairman Khaled Al Zaabi, Vice Chairman Anas Al Barguthi, and members Khalifa Abu Shahab, Rodrigo Torres, Saeed Salim Alsuwaidi, Arwa AKindi, Omar AlZaabi, Abdulla AlGafli, and Dr. Najwa Aaraj.

The General Assembly Meeting for Abu Dhabi Ship Building PJSC took place on 25 April 2024 from 04:00 PM to 05:00 PM at the Erth Hotel in Abu Dhabi, with an option for electronic attendance. The Board of Directors included Khaled Al Zaabi (Chairman), Anas Al Barguthi (Vice Chairman), Khalifa Abu Shahab, Rodrigo Torres, Saeed Salim Alsuwaidi, Arwa AKindi, Omar AlZaabi, Abdulla AlGafli, and Dr. Najwa Aaraj, all serving as members.

Resolution No. 379 of 2024 concerns the temporary suspension of trading on the shares of Abu Dhabi Ship Building Co. The suspension is due to the company's failure to submit their Assembly meeting results. The suspension will start on April 26, 2024, and will last until the results of the Assembly meeting are disclosed. All heads of departments in ADX are tasked to execute this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by the authorised person and was issued on April 26, 2024.

Abu Dhabi Ship Building PJSC held a General Assembly Meeting on April 52, 2024, from 04:00 PM to 05:00 PM at the Erth Hotel in Abu Dhabi. Attendees also had the option to join electronically. The Board of Directors included Chairman Khaled Al Zaabi, Vice Chairman Anas Al Barguthi, and members Khalifa Abu Shahab, Rodrigo Torres, Saeed Salim Alsuwaidi, Arwa AKindi, Omar AlZaabi, Abdulla AlGafli, and Dr. Najwa Aaraj.

The document is a corporate governance report for the year 2023 from Abu Dhabi Ship Building PJSC, a company that extends its services beyond shipbuilding.