Allcargo Logistics Limited — Important, 18-07-2025: Sale or disposal

Allcargo Logistics has voluntarily dissolved three wholly-owned overseas subsidiaries: OTI Cargo, Inc., Econoline Storage Corp., and ECI Customs Brokerage, Inc. These entities were dissolved effective July 14, 2025. Crucially for investors, these subsidiaries had reported nil revenue and nil net worth as of March 31, 2025. This action is a strategic step to streamline Allcargo's corporate structure, with no material financial impact expected from the dissolution of these non-operational assets. It's a tidying-up exercise.