Artson Ltd

🚢 Artson Ltd Expands Shipbuilding Capacity via Joint Venture with Malabar Cements

• Artson Limited signed a joint venture agreement with Malabar Cements Limited (MCL) on February 12, 2026

• The venture will use MCL's 7-acre waterfront property with 45 meters of waterfront access

• Focus on expanding Artson's shipbuilding and maritime work capabilities

• Joint venture is unincorporated with profit/loss sharing based on dynamic ratios

• Artson will have three representatives on the supervisory board, MCL will have two

• Not a related party transaction with no conflict of interest

• Follows prior board approval and November 1, 2025 disclosure with no material changes to terms