ARAMEX PJSC — M&A Activity 2022

Oct 19, 2022

Date: Wednesday, 19th October 2022

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

Notification from Aramex PJSC

Greetings,

Following the disclosure made by Aramex (PJSC) ("the Company") on Wednesday, 1st June 2022 with regards to entering into a binding agreement to fully acquire Access USA Shipping LLC ("MyUS"), a global technology-driven platform that enables crossborder e-Commerce; the Company would like to inform the Market and its shareholders that all the necessary regulatory approvals have been obtained, and this transaction is officially completed.

As noted in the same disclosure (dated Wednesday, 1st June 2022), the total value of the transaction upon completion is approximately USD \$265 million (two hundred and sixty-five million US dollars), such amount will be subject to customary postcompletion adjustments.

The financial impact of this transaction will be reflected on the Company's consolidated financial statements at the end of Q4 2022, and is expected to have a positive impact of approximately USD \$30 million (thirty million US dollars) on the Company's total EBITDA for the year ending 31st December 2023.

Name of the Authorized Signatory:	Ayed Tadros
Designation:	General Counsel, Aramex PJSC $\sim$
Signature and Date:	Wednesday, 19th October 2022
Company's Seal:	e»
PO Box 95946, Dubai - UAE (ش م ه)

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