Lykis Ltd — Important, 20-03-2026: Company Update

Lykis Limited, an FMCG exporter, announced significant disruptions to its international operations due to the ongoing Middle East conflict. The conflict in the Red Sea and Gulf of Aden is causing increased freight and insurance costs, along with shipment delays, especially affecting exports to Africa. These disruptions are expected to lead to near-term margin compression, potential revenue recognition shifts, and increased pressure on working capital. Lykis is proactively engaging with customers and exploring alternative logistics to mitigate the impact. Shareholders should note the adverse effect on the company's financial performance.