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Ministerial Decision

Muscat Stock Exchange: Administrative Decision 117/2025 Listing of Guaranteed non-convertible Bonds for Sea Glider LLC (Series 1)

2025/117 117/2025

This item was issued by the Muscat Stock Exchange in English and was not translated by Decree.

Pursuant to:

Royal Decree 18/2019 Promulgating the Commercial Companies Law,

Royal Decree 5/2021 Transforming Muscat Securities Market into a Closed Omani Joint Stock Company Named Muscat Stock Exchange SAOC,

Royal Decree 46/2022 Promulgating the Securities Law,

The Articles of Association of Muscat Stock Exchange SAOC,

Financial Services Authority Decision 30/2025 dated 12 August 2025, approving the prospectus of issuing guaranteed non-convertible Bonds for Sea Glider LLC GBSG, and the allotment results approval at a size of OMR 73,499,000 divided into 734,990 bonds, at a value of OMR 100 per bond, and interest rate of 7% per annum,

And according to:

The recommendation of Market Operations Department,

It has been decided:

Article 1

The bonds shall be listed in the Bonds and Sukuk Market until maturity date on 1 July 2029.

Article 2

This decision shall be effective as from Tuesday 16 September 2025.

Haitham Salim Al Salmi
Chief Executive Officer

Issued: 22 Rabi-al Awwal 1447
Corresponding to: 15 September 2025