In reference to the Financial Services Authority (FSA) resolution No. (8/2024) issued on 25th August 2024 which stipulates stopping the external audit practices activity of Abu Timam Grant Thornton Chartered Certified Accounts. Phoenix Power Company SAOG advises the Financial Services Authority, the Muscat Stock Exchange and the investors’ community that the Board of Directors decided to appoint Ernst & Young LLC as the external auditor for the company for the year 31 December 2024. This decision regarding the appointment of an external auditor will be approved in the nearest General Meeting of the Company.
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Ahmed Al Abri
Chief Financial Officer / Disclosure Officer