Sahara Maritime's Board Meeting: Amendments, Revisions, and Appointments Approved

Sahara Maritime Limited's Board of Directors held a meeting on February 16, 2026, where they approved several key decisions. These include an amendment to the Main Object Clause of the Memorandum of Association, revisions in managerial and executive remunerations, a change in designation of a director, and the convening of an Extra-Ordinary General Meeting (EGM) for shareholder approval. The amendment to the Main Object Clause aims to expand the company's business operations. The revisions in remunerations are subject to shareholder approval at the EGM. The change in designation of a director is from Non-Executive to Executive, and he is expected to serve for five years. The EGM will seek approval for these matters and will be conducted in a fair and transparent manner by a appointed scrutinizer.