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Asyad Shipping Company S.A.O.G

(“Asyad Shipping” or the “Company”)

 

Date: 4 February 2026

 

Trading Code: ASCO

 

Dear Shareholders and Market Participants,

 

Subject: Update on Asyad Shipping Company S.A.O.G Sale of Four LNG’s

 

Asyad Shipping Company S.A.O.G announces the     successful completion of the previously disclosed sale (11 January 2026) of the LNG vessels Salalah and Ibri. The Salalah LNG was delivered to its new owner on 28 January 2026, followed by the delivery of the Ibri LNG on 3 February 2026.

 

The sale of the remaining two LNG vessels Ibra and Nizwa are progressing as planned and the Company will notify

the market upon completion.

 

All conditions related to the transaction of the LNG vessels Salalah and Ibri have been satisfied. With the handover of the vessels to the new owner, both assets have been derecognized from the Company’s balance sheet.

 

Best regards,

Asyad Shipping Company S.A.O.G

 

Authorized Signatory