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The Board of Directors of BAYANAT AI PLC will issue a written resolution on 12 March 2024 at 4:00 pm. The resolution will address three key points: the invitation to the Company's Annual General Assembly meeting, scheduled for 25 April 2024 at 3:00 pm (UAE time); the approval of the shareholders' circular pertaining to the Company's merger with Al Yah Satellite Communications Company PJSC ("Yahsat"); and the approval of the change of Bayanat's legal name to 'Space42 PLC', along with the amended and restated Articles of Association of the Company. The last point is subject to obtaining approval from relevant authorities on the merger and the terms and conditions of the Merger Agreement.