Abu Dhabi Ship Building Co.

The Securities and Commodities Authority has approved the date and agenda for the Annual General Meeting of Abu Dhabi Ship Building PJSC. The meeting will be held remotely/electronically at 4 pm on Thursday, 25th April 2024 at Earth Hotel. The approved General Assembly invitation and agenda, along with a copy of Proxy for shareholders, are attached to the announcement.

The document contains the consolidated financial statements of Abu Dhabi Ship Building PJSC for the year ending on 31 December 2023.

The text pertains to the consolidated financial statements of Abu Dhabi Ship Building PJSC for the year that ended on 31st December 2023.

The Resolution No. 334 of 2024 temporarily suspends trading of Abu Dhabi Ship Building Co. shares on the ADX (Abu Dhabi Securities Exchange). This suspension is due to a coinciding Board of Directors meeting on March 21, 2024, at 10:00. Trading will be suspended from 09:00 on the same day until the ADX receives the meeting results. All department heads in ADX are instructed 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 was issued on March 19, 2024, and has been approved by the authorized person.

Abu Dhabi Ship Building PJSC has announced that it will hold its first Board of Directors meeting of 2024 on 21st March. The meeting will discuss the approval of the previous meeting's minutes, the financial statement for 2023, the date and agenda of the Annual General Assembly, the amended proposal of Board Fees, and updates on ongoing projects.

On 4th March 2024, the Board of Directors of Abu Dhabi Ship Building PJSC issued a resolution to restructure the Executive Committee. The new structure includes three members and two advisors. The members are Rodrigo Torres (Chairman), Omar Al Zaabi, and Saeed Al Suwaidi. The advisors are Miles Chambers and Amit Surana.