Postponement of Baladna Q.P.S.C. Rights Issue

Baladna announces to its esteemed shareholders and the broader market that its Board of Directors has resolved to postpone the Company’s upcoming capital increase via a rights issue until further notice. This strategic decision was taken in light of current developments and prevailing volatility in the financial markets. The Board believes that proceeding with the rights issue under current conditions would not serve the best interests of the Company and its shareholders. The Board of Directors remains fully committed to the Company’s growth strategy and will continue to closely monitor macroeconomic and market conditions. The timing of the transaction will be reassessed once market sentiment stabilizes, and any revised timeline will be communicated to the market in due course in accordance with regulatory requirements.