Rose Merc Ltd — Important, 13-10-2025: Company Update

Rose Merc Limited has entered into a third amendment agreement pertaining to its acquisition of a 30.07% stake in Emirates Holding FZ LLC. This amendment specifically revises the terms of payment for the original share subscription amount. Rose Merc holds 30.07% of Emirates' shares and maintains board control, having nominated majority directors, which designates Emirates as a board-controlled subsidiary. The original share subscription agreement was valued at AED 10,869,540, with an issue price of AED 252,780 per share. This update impacts the financial arrangements for a key subsidiary, reflecting ongoing adjustments to the acquisition terms for investors.