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

Sahara Maritime's board has approved significant changes, including broadening its Memorandum of Association to allow extensive trading, distribution, and e-commerce across various products. This strategic move signals potential diversification beyond its current operations. The board also revised remuneration for the Chairman & Managing Director and an Executive Director, and re-designated Mr. Khalid Sohrab Sayed as an Executive Director for five years, leveraging his freight forwarding and operations experience. These leadership adjustments and business expansion plans are subject to shareholder approval at an upcoming Extra-Ordinary General Meeting.