Compliance Statements and Disclosures

As a listed company, OQGN has established the necessary systems and processes to meet FSA regulatory and disclosure requirements. The Company also continues to enhance its compliance framework in line with evolving obligations.

Disclosure Policy

The Company’s disclosure practices are designed to support informed and realistic market expectations by ensuring that information provided to the market is accurate, balanced, and consistent with market regulatory requirements, without undue reference to forward-looking statements.

Related Party Transactions

In 2025, OQGN’s share showed a positive performance, outperforming the more moderate recovery observed in the broader MSX30 Index.

Throughout the year, OQGN’s closing share price demonstrated steady and consistent growth with limited short-term fluctuations, rising from its January levels and maintaining a gradual upward trajectory through to December. This performance reflects sustained market interest in the Company’s shares and indicates a consistent valuation trend during the year.

Market performance overview – 2025

OQGN Share Performance

General Meetings

In 2025, OQGN SAOG held two General Meetings, including the Annual General Meeting and one Ordinary Meeting.

Dividends

Details of Non-compliance

No penalties for non-compliance were imposed in the year 2025 Additionally, there were no instances of non-compliance.

Channels of Communication with Shareholders and Investors

The Company prioritizes clear, reliable, and accessible communication with shareholders, investors, and analysts to support informed investment decisions in compliance with the disclosure rules under Part VII of the 2009 Executive Regulations of the Capital Market Law and the Rules for Interaction between Public Joint Stock Companies, the Media, Investors, and Analysts (Decision No. E/109/2021). The Investor Relations department ensures corporate transparency and open communication. Information is shared via the MSX and Company websites, and timely disclosure of quarterly financials, annual reports, and material updates as required by the FSA. Executive Management remains available to meet shareholders and analysts upon request.

External Auditor

The shareholders of the Company appointed Ernst & Young EY as its auditors for 2025. The total fee for audit-related services paid to auditors for the year ending December 31, 2025 was X 44,400.

EY is a global leader in assurance, tax, strategy & transactions, and consulting services. EY is committed to doing its part in building a better working world. The insights and quality services which EY delivers help build trust and confidence in the capital markets and in economies the world over.

The MENA practice of EY has been operating in the region since 1923. For over 100 years, we have grown to over 8,500 people united across 26 offices and 15 countries, sharing the same values and an unwavering commitment to quality. EY MENA forms part of EY’s EMEIA practice. Globally, EY operates in more than 150 countries and employs 400,000 professionals in 700 offices.

The Board of Directors Acknowledgment

The Board of Directors of OQGN affirms the following:

• Board Members are aware of the Code of Corporate Governance and its requirements.
• The Company’s financial position and operational and business performance are regularly reported to the Board.
• The actual performance achieved against budgets and the prior period is reported and closely monitored.
• Financial information is prepared using appropriate accounting policies that are consistently applied.
• The Board of Directors is responsible for ensuring that all financial statements are prepared following the Commercial Companies Law of the Sultanate of Oman 18/2019 requirements and follow rules for disclosure requirements prescribed by the FSA, formerly known as the Capital Market Authority (CMA).
• The Board has a collective responsibility for establishing, maintaining, and reviewing a system of internal controls that provides reasonable assurance of effective and efficient operations, internal financial control, and compliance with the relevant laws and regulations.
• The Board attaches great importance to maintaining a strong control environment, and their review covers all controls, including financial, operational, compliance, and risk management.
• The Company has formally documented systems and procedures in place. Operational procedures and controls have been established to facilitate the complete, accurate, and timely processing of transactions and the safeguarding of assets. They are monitored through compliance with policies and procedures manuals.
• The Board has established a management structure that clearly defines roles, responsibilities, and reporting lines and has approved the updated policies, including credit, expenditure, disclosure, and corporate governance.
• The Board is committed to ensuring that all material information relating to the Company’s business operations will be communicated regularly to stakeholders and investment community members.
• No material events affect the continuation of the Company and its operations during the next financial year.