The text is a notification about a Board of Directors meeting for Gulf Navigation Holding PJSC, scheduled for Wednesday, 17 December 2025, at 10:00 am. The meeting will discuss regular matters and any other business related to the company. The notification is issued by Ali Abouda, the Chief Finance & Operations Officer of Gulf Navigation Holding PJSC. Additionally, it includes references to H.E. Hamed Ahmed Ali, CEO of Dubai Financial Market, and H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority, although their specific roles in this context are not detailed.

The letter, dated October 12, 2025, from Ali Abouda, Chief Finance & Operation Officer of Gulf Navigation Holding PJSC, addresses a decline in the company's share price observed from November 24, 2025, to the date of the disclosure. The company clarifies to its shareholders that there is no undisclosed information, operational or technical updates, or significant developments that could have adversely affected the share price during this period. Gulf Navigation affirms that it has disclosed all material information in compliance with applicable laws and Dubai Financial Market (DFM) disclosure requirements, with no pending events or decisions unannounced. The company emphasizes its commitment to transparency and regulatory compliance, promising to disclose any material developments promptly.

On December 9, 2025, the Board of Directors of Gulf Navigation Holding PJSC held a meeting. During this meeting, they approved regular company matters and other business. Additionally, Mr. Alvaro Benevides was appointed as the Board Secretary. The communication is signed by Ali Abouda, the Chief Finance & Operation Officer of Gulf Navigation Holding PJSC.

The Board of Directors of Gulf Navigation Holding PJSC is scheduled to meet on Tuesday, December 9, 2025, at 10:00 AM. The meeting will address regular company matters and any other business that may arise. This notification was issued by Ali Abouda, the Chief Finance and Operations Officer of Gulf Navigation Holding PJSC.

Gulf Navigation Holding PJSC, a maritime and energy logistics company listed on the Dubai Financial Market, invites investors to a virtual presentation on December 5, 2025. The presentation will cover the recent acquisition of Brooge Energy assets, detailing its strategic and financial impact, and outline future growth plans in maritime, logistics, and energy infrastructure. Topics will include integration progress, synergies, strategic initiatives, and financial developments. Investors can register and submit questions in advance, with key questions addressed in a live Q&A. Gulf Navigation emphasizes its commitment to transparency and investor engagement.

On 28 November 2025, Ahmad Kilani resigned from his position as the Chief Executive Officer of Gulf Navigation Holding PJSC. He will continue to fulfill his responsibilities during the transition period as agreed with the Board of Directors. Additionally, he will maintain his role as a member of the company's Board of Directors. The letter is signed by Ali Abouda, the Chief Finance & Operation Officer of Gulf Navigation Holding PJSC.

Gulf Navigation Holding PJSC has successfully closed a AED 613 million (USD 167 million) three-year senior secured Sukuk, arranged and underwritten by HSBC, to refinance the outstanding bonds of Brooge Petroleum & Gas Investment Company FZE. This financing will also support further investment in expanding storage facilities in Fujairah. The transaction marks a significant step following Gulf Navigation's acquisition of BPGIC, enhancing the financial and operational capabilities of the combined entity. The Sukuk issuance aligns with the company's strategy to create a more integrated and sustainable energy logistics platform. HSBC's Private Credit and Debt Capital Markets teams facilitated the transaction, with legal advice from A&O Shearman for HSBC and Hogan Lovells for the issuer. The refinancing is part of Gulf Navigation's broader capital optimization program aimed at improving liquidity, financial flexibility, and long-term shareholder value.

On November 28, 2025, Gulf Navigation Holding PJSC addressed a request from the Dubai Financial Market for clarification regarding the movement in the company's share price from November 24 to November 26, 2025. After an internal review, the company stated it is unaware of any undisclosed information, updates, or developments that could have affected the share price during that period. It affirmed that all material information had been disclosed according to legal and market requirements, and no pending events or decisions remain unannounced. The company reiterated its commitment to transparency and regulatory compliance, promising to disclose any future material developments promptly. The statement was signed by Ali Abouda, Chief Finance & Operation Officer of Gulf Navigation Holding PJSC.

On 27 November 2025, the Board of Directors of Gulf Navigation Holding PJSC held a meeting and made several resolutions. They approved the appointment of Mr. Jimmy Nazmi Rached as a new board member, pending approval at the upcoming general assembly meeting. Mr. Suhail Suhail Almazrouei was elected as Vice Chairman. The election of the Chairman was postponed to a future meeting. The board also approved the renewal of the liquidity provider agreement. Additionally, they agreed to call for a general assembly meeting in December 2025, subject to approval from the Securities and Commodities Authority, to consider a stock split by reducing the nominal value of shares without affecting the company's total capital.

Gulf Navigation Holding PJSC has completed the acquisition of all assets of Brooge Energy Limited, marking a significant step in its strategic expansion and transformation. This acquisition enhances Gulf Navigation's position as a comprehensive provider of maritime services and energy infrastructure solutions in a key global hub for oil storage and trading. The integration of Brooge's advanced storage and blending assets allows Gulf Navigation to offer comprehensive logistics and energy solutions in the region. As part of the acquisition, Gulf Navigation increased its share capital and issued convertible bonds to Brooge's shareholders, with expectations for further capital growth. Gulf Navigation CEO Ahmed Al Kilani emphasized the acquisition's role in advancing the company's energy logistics platform, while Brooge CEO Saif Al-Hazaymeh highlighted the potential for operational integration and future projects, including a new refinery in Fujairah.

The Board of Directors of Gulf Navigation Holding PJSC is scheduled to meet on Thursday, 27 November 2025, at 10:00 am. The agenda includes appointing a new Board member to fill a vacant seat, appointing a Chairman and Vice Chairman, and, subject to approval from the Securities and Commodities Authority, considering calling a general assembly meeting. The meeting will discuss approving a stock split by reducing the nominal value of shares without affecting the company's total issued share capital and changing the company's name through special resolutions.

On 24 November 2025, H.H. Sheikh Theyab Bin Tahnoon Bin Mohammad Al Nahyan resigned from his position as the Chairman of the Board of Gulf Navigation Holding PJSC. This information was communicated to H.E. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority, by Ali Abouda, the Chief Finance & Operation Officer of Gulf Navigation Holding PJSC.