PALMS SPORTS PrJSC Corporate Governance Report for the year December 31,2025 | premargin
PALMS SPORTS PrJSC Corporate Governance Report for the year December 31,2025
·ADX·Financial Reports | Corporate Governance Report·March 4, 2026·View on exchange
AI Summary
Palms Sports PrJSC released its 2025 Corporate Governance Report, detailing a five-member Board of Directors with zero female representation as of year-end.
The General Assembly approved total remuneration of AED 2,879,285 for the Chairman, Vice-Chairman, and Board members for the 2025 fiscal year.
Major operational achievements in 2025 included securing a AED 40 million multi-martial arts training contract, a AED 60 million three-year security contract renewal, and acquiring a 51% stake in AI startup Nuronso Technology.
The company reported no material fines or regulatory violations during 2025 and paid AED 360,000 in external audit fees to Ernst & Young.
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