Abu Dhabi Ship Building Co. Invitation to Attend Annual General Meeting on 27/04/2026 at 11:00

Abu Dhabi Ship Building (ADSB) will hold its Annual General Meeting on April 27, 2026, to approve financial statements and reports for the fiscal year ended December 31, 2025.
The Board of Directors has proposed a cash dividend distribution of AED 40 million, equivalent to 19 fils per share, for the 2025 financial year.
Shareholders will vote on a major related party transaction with EDGE Commercial Company for the "Kenya Project," valued at USD 220,365,000.
Other agenda items include an AED 50.66 million contract amendment with EDGE Commercial LLC for Kuwait naval maintenance and the appointment of external auditors for 2026 with fees of AED 883,500.