SPACE42 PLC Corporate Governance Report for the year December 31,2025 | premargin
SPACE42 PLC Corporate Governance Report for the year December 31,2025
·ADX·Financial Reports | Corporate Governance Report·March 26, 2026·View on exchange
AI Summary
Space42 published its 2025 Corporate Governance Report, highlighting key operational milestones including five satellite launches and global market expansion.
The company reached an Emiratization rate of 37.54% by year-end 2025, despite a regulatory penalty of AED 270,000 imposed by MOHRE in June 2025 for failing to meet specific requirements.
Shareholders approved the appointment of Deloitte & Touche (M.E.) as external auditors for 2025 with a set remuneration of AED 3,005,943 plus applicable taxes.
The company's share price closed 2025 at AED 1.57, a 21.5% year-on-year decline, with total issued shares standing at 4,761,905,551.
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