Details of Legal Proceedings

Authority: Business and Property Courts of England and Wales, Commercial Court

Initiated by: Maersk Shipping Line

Nature of Order: Proceedings related to a breach of contract of carriage relating to a shipment, claiming damages of USD 13,178,280.51.

Alleged Violation: Breach of contract of carriage relating to shipment.

Date of Receipt of Order: August 11, 2026, at 3:00 PM.

Financial and Operational Impact

Quantifiable Impact: Not quantifiable at this stage.

Company Action: The company is pursuing appropriate legal remedies against the aforesaid claim.

Outcome Uncertainty: The ultimate outcome of the matter and the consequential financial liability, if any, cannot presently be determined.