We are pleased to announce a significant achievement in our ongoing commitment to safety and operational excellence at Ali & Sons Marine Engineering Factory (ASMEF).

Eight years ago, we proudly celebrated 1.2 million manhours without a Lost TimeInjury (LTI), and today we mark another major milestone - 20 millionmanhours without LTI.

This accomplishment highlights our team's unwavering commitment to the highest Health, Safety, and Environment (HSE) standards and demonstrates the impact of our continuously evolving safety measures.

We extend our heartfelt gratitude to everyone at ASMEF for their steadfast focus on safe operations-your dedication and hard work have made this achievement possible. I am equally thankful to the Ali & Sons Holding(ASH)' Management for their ongoing support, guidance, and encouragement, which have been instrumental in reaching these milestones.

Together, we move forward on our path to excellence.