ARAMEX PJSC

On February 11, 2025, Aramex PJSC held a board meeting attended by nine board members. Key decisions included the approval of audited financial results for the fiscal year ending December 31, 2024, and setting the Annual General Assembly for March 20, 2025, pending regulatory approval. The board decided to recommend against distributing dividends for the fiscal year, citing capital allocation priorities for transformation and growth programs. They also discussed a fairness opinion from HSBC regarding Q Logistics Holding LLC's offer to acquire Aramex shares, which was deemed fair and recommended to shareholders. Routine business updates were also discussed.

On 9 February 2025, Aramex PJSC announced the receipt of a voluntary conditional cash offer from Q Logistics Holding LLC, a subsidiary of Abu Dhabi Developmental Holding Company (ADQ), to acquire up to 100% of Aramex’s share capital not already held by Abu Dhabi Ports Company PJSC. The offer details are provided in the received Offer Document. Aramex’s Board of Directors will meet on 11 February 2025 to review the offer. Further announcements, including the publication of the required offeree circular, will follow in accordance with the relevant regulatory rules.

On February 9, 2025, Aramex PJSC received an offer document from Q Logistics Holding LLC, a subsidiary of Abu Dhabi Developmental Holding Company PJSC, detailing a voluntary conditional cash offer to acquire up to 100% of Aramex's share capital not already owned by Abu Dhabi Ports Company PJSC. The Aramex Board of Directors is scheduled to meet on February 11, 2025, to review the offer and will make further announcements, including publishing an offeree circular in line with acquisition and merger rules.

The text is a formal notification from Amanda Dahdah, Governance Officer and Board Secretary of Aramex PJSC, addressed to Hamed Ahmed Ali, the CEO of the Dubai Financial Market. It informs him about the upcoming earnings call for Aramex PJSC scheduled for Tuesday, 18 February 2025, at 2:00 PM UAE time. The meeting will discuss the financial results for the fourth quarter and the full year ending 31 December 2024.

Aramex PJSC has scheduled a meeting on Tuesday, 11 February 2025, at 3:00 PM UAE Time. The agenda includes discussing the approval of the company's audited financial results for the fiscal year ending 31 December 2024, setting a date and agenda for the Annual General Meeting of shareholders, considering a recommendation on dividend distribution for the same fiscal year, reviewing business updates and routine matters, and providing an update on the offer from Q Logistics LLC and the next steps for the company. The meeting details are authorized by Amanda Dahdah, Governance Officer and Board Secretary of Aramex PJSC.

Aramex PJSC has provided an update on Q Logistics Holding LLC's intention to make a voluntary conditional cash offer to acquire up to 100% of Aramex's share capital, excluding shares held by Abu Dhabi Ports Company PJSC. On January 15, 2025, Aramex's Board of Directors discussed the offer and appointed HSBC and Clifford Chance LLP as independent financial and legal advisors to ensure compliance with regulatory requirements and protect stakeholders' interests. The process will adhere to applicable laws, including conducting due diligence, launching a tender offer, securing necessary approvals, preparing a fairness opinion, and notifying shareholders. Aramex will announce any significant developments as they occur. The company assures stakeholders that its operations remain unaffected and views the offer as a recognition of its business strength and potential. Aramex appreciates the ongoing support from its shareholders, customers, and partners.

On January 15, 2025, a meeting was held by Aramex PJSC with all board members present. Key topics discussed included a notification from Q Logistics Holding LLC about its intention to make a voluntary conditional cash offer to acquire up to 100% of Aramex's share capital not already owned by Abu Dhabi Ports Company PJSC. The board also discussed appointing legal and financial advisors for the transaction and reviewed business updates and routine matters. The meeting was documented by Amanda Dahdah, the Governance Officer and Board Secretary of Aramex PJSC.

A meeting for Aramex PJSC is scheduled for Wednesday, January 15, 2025, at 12:00 PM UAE time. The agenda includes discussing a notification from Q Logistics Holding LLC regarding its intention to make a voluntary conditional cash offer to acquire up to 100% of Aramex PJSC's shares not already owned by Abu Dhabi Ports Company PJSC. Additionally, the meeting will cover business updates and routine matters. The document is signed by Amanda Dahdah, the Governance Officer and Board Secretary of Aramex PJSC.

Aramex PJSC announced that it received a notification from Q Logistics Holding LLC, a subsidiary of ADQ Development Holding LLC, on January 10, 2025. The notification expressed Q Logistics Holding LLC's intention to submit a voluntary conditional cash offer to acquire up to 100% of Aramex PJSC's share capital not already owned by Abu Dhabi Ports Company PJSC. The proposal will be reviewed by Aramex's Board of Directors following the relevant procedures outlined by the Securities and Commodities Authority's rules on acquisitions and mergers. Aramex PJSC will provide further updates on any significant developments.