Press releases, Reports & Disclosures for ARAMEX PJSC

On Thursday, 8 August 2024, Aramex PJSC held a meeting from 3:00 PM to 5:00 PM UAE time, with 8 board members present and an 89% quorum. The meeting included the approval of the company's unaudited interim condensed consolidated financial statements for the second quarter and the first six months ending 30 June 2024, as well as a discussion on business updates and routine matters. The meeting results were recorded by Amanda Dahdah, the Governance Officer and Board Secretary of Aramex PJSC.

Date: Monday, 5 August 2024 Mr. Hamed Ahmed Ali Chief Executive Officer Dubai Financial Market Dubai, United Arab Emirates Subject: Earnings Call of Aramex PJSC (“the Company”) Greetings, With reference to the above subject, please be informed that the Company’s Earnings Call will be held on Monday, 12 August 2024 at 2:00 PM UAE time, to discuss Aramex PJSC’s financial results for the second quarter ended 30 June 2024. Sincerely, Amanda Dahdah Governance Officer and Board Secretary Aramex PJSC

Aramex PJSC has scheduled a meeting for Thursday, August 8, 2024, at 3:00 PM UAE time. The agenda includes discussions for the approval of the company's unaudited interim condensed consolidated financial statements for the second quarter and the first six months ended June 30, 2024, as well as updates on the company's business and routine matters. The notice is signed by Amanda Dahdah, Governance Officer and Board Secretary of Aramex PJSC, and is dated Monday, August 5, 2024.

Aramex, a global logistics and transportation solutions company, has appointed Arqaam Securities as the liquidity provider for its shares listed on the Dubai Financial Market (DFM). Arqaam Securities, a leading regional financial institution, will trade Aramex shares independently, ensuring compliance with DFM and Securities and Commodities Authority (SCA) regulations. The agreement is for one year and Arqaam Securities' ownership of Aramex shares will not exceed 5% at any time. This move aims to enhance market liquidity, reduce the spread between bid and ask prices, and facilitate smoother trading experiences for investors. Aramex's shares are 50% free float and 100% open to foreign investment, with Geo post and Abu Dhabi Ports being the strategic shareholders owning 28% and 22% respectively.

Aramex, a global logistics and transportation solutions provider, has reported its Q1 2024 financial results. The company's net profit doubled compared to the same period in the previous year. Group revenue grew by 8% YoY, with solid contributions from all products. International Express and Domestic Express were key drivers of this growth, while Freight Forwarding showed resilience with a 3% increase amid global shipping challenges. The company's focus on sales and operational efficiency resulted in improved margins across Gross Profit, EBIT, and EBITDA. Aramex maintains a strong cash position of AED 571 million and a Net Debt-to-EBITDA ratio of 0.8x.

The text refers to the unaudited interim condensed consolidated financial statements of Aramex PJSC and its subsidiaries as of 31st March 2024. This document will provide a summary of the company's financial performance and position for this period, though it has not been audited by an independent party.

On 9th May 2024, Aramex PJSC held a board meeting from 3:00 PM to 5:45 PM UAE time, with 100% quorum from the nine board members present. The company's unaudited interim condensed consolidated financial statements for Q1 2024 were approved. Additionally, the company's business updates and routine matters were discussed. The meeting was authorized by Amanda Dahdah, the Governance Officer and Board Secretary of Aramex PJSC.

Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, received a letter from Amanda Dahdah, the Governance Officer and Board Secretary of Aramex PJSC. The letter, dated 6 May 2024, informs him about an upcoming earnings call for Aramex PJSC. The meeting is scheduled to take place on 14 May 2024 at 4:00 PM UAE time, to discuss the company's financial results for the first quarter, which ended on 31 March 2024.

Aramex PJSC is set to hold a meeting on Thursday, 9 May 2024 at 3:00 PM UAE time. The agenda includes the discussion for approval of the company's unaudited interim condensed consolidated financial statements for the first quarter ending 31 March 2024, and a discussion of the company's business updates and routine matters. The notice is signed by Amanda Dahdah, the Governance Officer and Board Secretary of Aramex PJSC.