Sunshield Chemicals Ltd — Important, 13-05-2026: Company Update

Sunshield Chemicals Limited's Board has approved the reappointment of Mr. Cyrus Poonevala as an Independent Director for a second five-year term. Following an assessment by the Nomination and Remuneration Committee, this reappointment ensures continued experienced guidance on operations, risk oversight, and governance. Mr. Poonevala is an Aircraft Engineer with over 30 years of aviation industry experience, particularly in maintenance. This decision is pending shareholder approval at the upcoming Annual General Meeting, ensuring board continuity and expertise for stakeholders.