Title :

Announcing the Resolutions of Board Meeting ASYAD SHIPPING

Content :

The board of directors discussed the topics listed on the agenda in its meeting no. 2/2026 held on 24/02/2026 and passed the following resolutions.

Asyad Shipping Company S.A.O.G

(“Asyad Shipping” or the “Company”)

 

Date: 24 February 2026

Trading Code: ASCO

Dear Shareholders and Market Participants,

Subject: Resolution of Board Meeting

 

The Board of Directors of Asyad Shipping Company S.A.O.G (the “Company”) held its meeting on 24 February 2026, during which the Board:

 

1. Approved of the audited financial statements for the financial year ended December 31, 2025

The Board of Directors has approved the audited financial statements for the financial year ended 31 December 2025. The financial statements audited will be published on MSX page and on the Company's website.

2. Approved the Agenda and Date of the Annual General Meeting (“AGM”) 

The board agreed to set the 26th of March 2026 as the date of the AGM. The invitation and agenda of the AGM will be published after obtaining approval from the relevant authorities.

3. Approved the proposal of the distribution of cash dividends

Proposal to distribute cash dividends to the Company’s shareholders amounting to  0.00554 per share for the financial year ended 31 December 2025. The entitlement to the proposed dividends shall be for shareholders registered in the Company’s shareholder register on the 26th of March 2026, subject to the approval of the upcoming Annual General Meeting.

 

 

Best regards,

Dr. Ibrahim Al Nadhairi

Chief Executive Officer 

 

 

 

Enquiries:

Investor Relations Asyad Shipping 

Email: [email protected]

Notes to Editors:

Asyad Shipping, listed on the Muscat Stock Exchange (MSX symbol: ASCO) is one of the leading players in deep-sea transportation, based in Oman. With its strategic geographical location, and one of the largest globally diversified fleets (approx. 90 vessels), the Company serves over 60 countries and is well positioned to supply high-growth markets, such as Asia, the Middle East and North Africa.

The Company has been operating for over 20 years and serves its blue-chip customers through its five business segments: Crude, Dry Bulk, Gas, Liner and Products.

 

*Board meeting resolutions have to be disclosed one hour, at least, before the beginning of the next day trading session.