Rose Merc Ltd — Important, 14-10-2025: Company Update

Rose Merc Limited has updated an agreement regarding its 30.07% stake acquisition in Emirates Holding FZ LLC. The third amendment modifies the payment terms for the subscription amount under the original agreement. This amended agreement is valued at AED 10,869,540, with shares issued at AED 252,780 each. Rose Merc already holds 30.07% of Emirates' post-issue capital and has appointed majority directors, making Emirates a board-controlled subsidiary. This adjustment impacts the financial structure of Rose Merc's significant existing investment, clarifying how payments for its strategic stake are managed.