Sahara Maritime Ltd — Important, 16-02-2026: Company Update

Sahara Maritime's board has approved key changes, including expanding its business scope by adding a new object clause that covers a wide range of trading activities. The board also revised remuneration for its Chairman & Managing Director and an Executive Director. Additionally, Mr. Khalid Sohrab Sayed, with 5 years of freight forwarding experience, will transition from Non-Executive to Executive Director for a five-year term starting April 1, 2026. These decisions, aimed at strengthening leadership and diversifying operations, require shareholder approval at an Extra-Ordinary General Meeting on March 11.