GHV INFRA PROJECTS LIMITED : CONTRACT CONCLUSION

• EPC Contract for Erisha Smart Manufacturing Hub at RAKEZ, Ras Al Khaimah, UAE, concluded as of 2nd Week of September 2026. • Parties to the contract were Rana Exim FZ-LLC and GHV Infra FZ-LLC. • Reasons for termination include delays in project and master plan approval by Employer, and subsequent war in West Asia creating financial uncertainty and payment risks. • GHV's deployed resources incurred costs without corresponding construction activity due to Employer's delays and lack of financial arrangements. • Contract suspended on August 17, 2026, due to material default by Employer and lack of payment guarantee. • Financial impact cannot be assessed at this time.

GHV Infra Projects Ltd

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