ARAMEX PJSC — M&A Activity 2025

Jan 27, 2025

Date:	Monday, 27 January 2025
Listed Company Name:	Aramex PJSC
Subject:	Update on Q Logistics Holding LLC’s Intention to Submit a Voluntary Conditional Cash Offer to Acquire the Shares of Aramex PJSC
	Aramex PJSC (“Aramex” or the “Company”) provides the following update regarding the announcement by Q Logistics Holding LLC (“Acquirer”) of its intention to submit a voluntary conditional cash offer to acquire up to 100% of the Company’s issued and paid-up share capital, excluding shares held by Abu Dhabi Ports Company PJSC (the "Offer"). On 15 January 2025, the Board of Directors convened to discuss the Offer, marking the initial stage of this process. To ensure full compliance with regulatory requirements and to safeguard the interests of all stakeholders, the Board has appointed independent financial and legal advisors, HSBC, and Clifford Chance LLP respectively, to support the Company in this process. The Company will proceed in accordance with the requirements of applicable law including the decision of the Chairman of the board of directors of the Securities and Commodities Authority No. (18 /R.M) of 2017 regarding the Rules of Acquisition and Merger of Public Joint Stock Companies. Such regulatory requirements include, amongst others, a due diligence exercise, the launching of an official tender offer, securing SCA approvals, the preparation of a fairness opinion, and notifications to shareholders. The Company will make further announcements with respect to any material developments in the matter in due course. Aramex would like to reassure all stakeholders that this development has no impact on the Company’s operations. Aramex continues to deliver uninterrupted, high-quality services to its customers and partners. With over 40 years of leadership in the logistics and transportation industry, this offer is viewed as a testament to the strength of Aramex’s business, its achievements, and its future potential. The Company appreciates the continued trust and support of its shareholders, customers, and partners.
Authorized Signatory Name:	Amanda Dahdah
Designation:	Governance Officer and Board Secretary, Aramex PJSC
Date:	Monday, 27 January 2025
Signature:
Company Seal: