ARAMEX PJSC — M&A Activity 2021

Dec 9, 2021

Date: Thursday, 9[th] December 2021

Mr. Hamed Ahmed Ali Chief Executive Officer Dubai Financial Market Dubai, UAE

Notification from Aramex PJSC regarding the potential acquisition of MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (“MNG Kargo”)

Greetings,

Please be advised that the Board of Directors of Aramex PJSC (“the Company”) held a meeting on Thursday, 9[th] December 2021 and discussed the most recent updates regarding the Company’s potential acquisition of MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (“MNG Kargo”).

Following the disclosure issued by Aramex PJSC on Sunday, 12[th] September 2021 regarding entering into discussions with the shareholders of MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. for a potential acquisition of MNG Kargo; the Company would like to inform the market and its shareholders that it has taken a final decision not to proceed with the acquisition of MNG Kargo.

Aramex PJSC would like to clarify that the decision not to proceed with the acquisition of MNG Kargo is due to a recent change in the Company’s strategic direction in relation to the transaction at this point of time.

- Ends –

Name of the Authorized Signatory:	Ayed Tadros
Designation:	General Counsel, Aramex PJSC
Signature and Date:	Thursday, 9thDecember 2021
Company’s Seal: