Pioneering Investments & Transaction Solutions Group

2025; To Whom It May Concern

Emmar Capital Corporation (“ECC”), incorporated under the laws of the State of Delaware, United States of America, with its registered office at 651 N. Broad Street, Suite 201, City of Middletown, County of New Castle, Delaware 19709, serves as the private offices and umbrella management company for the Emmar Group. The corporation is under the stewardship of Mr. Madabushi Narayanan Gosakan and Mr. Mesrop Nerkararian, who jointly oversee its operations, strategy, and fiduciary responsibilities.

 

The Emmar Group is presently undergoing a carefully structured internal corporate reorganization. This process is designed to strengthen the Group’s operational, financial, and regulatory framework by incorporating additional regulated fund entities and infrastructure required to expand our domicile base along with requisite compliance, and long-term service delivery to clients and shareholders. The restructuring is being implemented in a phased and deliberate manner in order to ensure continuity of obligations and the uninterrupted safeguarding of investor rights, contractual commitments, and asset protections.

 

Until the restructuring is complete and the newly formed entities assume their respective responsibilities, Emmar Capital Corporation shall remain the principal management and control entity of the Group. During this interim period, ECC continues to execute and supervise all investment and treasury transactions, including capital deployment, receipts, inter-company financing, and related financial operations. The corporation maintains and enforces the Group’s established governance framework, compliance procedures, and audit oversight mechanisms, thereby ensuring that all activities are carried out in full conformity with applicable standards of corporate governance and fiduciary prudence. At no point during this transitional period will the rights of investors or the enforceability of fund obligations be impaired, nor will the ring-fencing of assets within existing compartments be compromised.

 

The restructuring process is already underway and has resulted in the incorporation of several new entities, with additional registrations in progress. Once the structure has been finalized, the newly incorporated regulated entities will assume direct responsibility for investment management, client servicing, and treasury operations, while Emmar Capital Corporation will continue to function as the overarching management and strategic oversight company of the Group. To ensure transparency and provide a reliable channel of communication with investors, counterparties, and regulators, the Group will launch dedicated websites including www.emmarcapitalcorporation.com which will provide investor-related disclosures, and www.emmarfoundation.com, which will focus on philanthropic and foundation-related initiatives.

 

Throughout this period of transition, Emmar Capital Corporation reaffirms its commitment to upholding the highest standards of governance, compliance, and investor protection. All restructuring measures are being undertaken with the objective of enhancing the Group’s ability to serve its clients and stakeholders, without disrupting existing obligations or weakening established protections. Any further developments concerning the restructuring, the formal assumption of responsibilities by the newly incorporated entities, or any other material changes to the Group’s structure will be formally communicated in due course through the appropriate channels.