Drake & Scull International P.J.S.C

Date: 12 July 2024 Mr. Hamed Ahmed Ali, Chief Executive Officer, Dubai Financial Market, Dubai - United Arab Emirates H.E. Dr. Maryam Buti Al Suwaidi, Chief Executive Officer - Securities and Commodities Authority, Abu Dhabi - United Arab Emirates Subject: Nominees list for the membership of the Board of Directors of Drake and Scull International PJSC (the "Company") The nomination period for the Board of Directors’ membership of Drake and Scull International PJSC closed on Thursday, 11 July 2024. The following individuals have met the nomination requirements for the Board of Directors: 1. H.H. Shaikh Theyab Bin Tahnoon Bin Mohammad Al-Nahyan 2. Dr. Abdul Rahman Mahmoud Al Afifi 3. Mr. Shafiq Abdelhamid 4. Mr. Abdulla Atatreh 5. Mr. Ahmad Kilani 6. Mr. Mustafa Kheriba 7. Mr. Abdulrahman Alali 8. Mrs. Mia Zecevic 9. Mr. Mohamed Aldhaheri 10. Mr. Mohamed Al-Ali 11. Mrs. Khulood Qayed Sincerely, Dana Abualghanam Board Secretary

Date: June 20, 2024 Mr. Hamed Ahmed Ali CEO - Dubai Financial Market Dubai, United Arab Emirates Subject: Board of Directors Meeting Number 5 of 2024 of Drake & Scull International PJSC Dear Sirs, We would like to inform you that the Board of Directors of Drake & Scull International PJSC will hold its fifth meeting of 2024 on Monday, June 24, 2024, at 3:00 PM at the offices of the Company. The agenda includes: 1. Reviewing and approving previous minutes of the meeting. 2. Calling the General Assembly to convene and setting its agenda items. 3. Discussing routine and operational business of the Company. 4. Any other items. Sincerely, Shafiq Abdulhamid Chairman

On June 10, 2024, Drake & Scull International PJSC announced the completion of its restructuring plan, which included the write-off of 4,181,744,366 dirhams of financial and commercial debts. This was achieved through the issuance of mandatory convertible sukuk to the company's creditors, as per the court's decision and the restructuring plan. The company has fulfilled all obligations outlined in the restructuring plan, including increasing its capital by more than the minimum required 300 million dirhams. The restructuring plan was agreed upon with financial and commercial creditors and approved by the competent courts, and the company has received approval from the Securities and Commodities Authority.