Sahara Maritime Ltd — Important, 10-09-2025: Company Update

Sahara Maritime Limited announced the resignation of its Statutory Auditor, M/s A Y & Company. The auditor cited pre-occupation with other assignments, stating an inability to devote further time to company affairs. Importantly, the resigning auditor raised no concerns regarding the company's management, and there are no material reasons for the resignation beyond capacity. The company's Audit Committee and Board will promptly consider appointing new statutory auditors to fill this vacancy. This appears to be a routine change driven by the auditor's workload, with no adverse implications for the company's operations or financials.