• OMIFCO successfully completes its initial public offering (“IPO” or the “Offering”) by listing on MSX, marking a significant milestone in the Company’s journey.
• The IPO received strong support from local, regional and international institutional investors across Category I and Category II offerings, with books 18.0x oversubscribed at the final IPO Offer – with participation by highly quality investors.
• Highest ever demand generated in any IPO in Sultanate of Oman.
• OMIFCO’s market capitalization at listing was approximately OMR 1.04 billion, (approximately. USD 2.7 billion), based on the final offer price of Bzs 156 per share.
• OMIFCO commenced trading on MSX at 10:00 Gulf Standard Time, 8 July 2026, under the ticker symbol “OMIF” and ISIN OM0000011151.

Sur, Oman, 8 July 2026: Oman India Fertiliser Company SAOG, an integrated producer of anhydrous ammonia and granular urea, completed its listing on MSX today.

OMIFCO’s shares started trading following an Offering of a total of 1,672,243,750 ordinary shares to investors, representing 25% of the company’s total issued share capital. With a market capitalisation of approximately OMR 1.04 billion (equivalent to approximately USD 2.7 billion, the IPO marks a critical step for OMIFCO and emphasizes the confidence investors have in the Company’s next phase and long-term value creation.

The bell ringing ceremony at the MSX commenced the listing and trading of OMIFCO’s shares under the ticker symbol OMIF. The success of the IPO demonstrates the strength of OMIFCO’s value proposition and role in supporting global food supply by attracting investment and positioning the MSX as a compelling destination for global investors.

Sunder Singh Yadav, Chairman of the Board of OMIFCO, noted:
“Today marks a significant milestone in OMIFCO’s journey. We are grateful for the strong support shown by investors and are excited to welcome new shareholders to OMIFCO’s next chapter. As a listed company, OMIFCO is well positioned to build on its strong foundations, focused on operational excellence, sustainable growth and long-term value creation.”

Dr. Ahmed Al Marhoubi, Chief Executive Officer of OMIFCO, stated:
“Today is a proud moment for everyone at OMIFCO for being part of Oman's most in demand IPO. We are grateful for the exceptional support shown by investors throughout our IPO, which reflects investor confidence in OMIFCO’s resilient business model, underpinned by our fully integrated, self-sustaining ammonia and urea production facility, long-term contractual arrangements, export-oriented infrastructure and sustained operational excellence. As we begin our journey as a listed company, we remain focused on delivering consistent performance and on creating sustainable long-term value for our shareholders.”

Haitham Al Salmi, CEO of Muscat Stock Exchange, added:
“The listing of OMIFCO marks an important milestone for Oman’s capital markets and represents a further step in broadening the investor base of strategic national assets. As a leading fertiliser producer, OMIFCO plays a key role in supporting the industrial sector and global food supply chains. This listing strengthens Oman’s position as an attractive investment destination, supports economic diversification and reinforces the role of the Muscat Stock Exchange in attracting high-quality investment opportunities.”

Commenting on the listing, Ashraf bin Hamad Al Mamari, Group Chief Executive Officer of OQ, said:
“OMIFCO’s listing on the Muscat Stock Exchange marks a significant national milestone and brings OQ’s IPO journey to its fifth chapter in just three years, from Abraj to OMIFCO. This journey reflects OQ’s investment discipline, one that unlocks value from national assets, broadens ownership and recycles capital into future growth opportunities that serve Oman’s long-term economic priorities

Through these listings, OQ is bringing proven, productive assets into the public market and creating wider platforms for growth, investment and participation. In doing so, we are supporting the continued development of Oman’s capital market, strengthening the role of the Muscat Stock Exchange as a channel for financing growth and contributing to the ambitions of Oman Vision 2040.”

The final offer price was set at 156 Bzs per share for all investor categories and generated gross proceeds of approximately OMR 261million (equivalent to approximately USD 678 million). The Company will not receive any of the proceeds of the Offering, all of which will be paid to the Selling Shareholders.

The aggregated demand was approximately OMR 4.7bn (equivalent to approximately USD 12.2bn) from local, regional and international investors across Category I and Category II offerings, with books 18.0x oversubscribed at the final IPO Offer.

OMIFCO is uniquely positioned as a fully integrated fertiliser producer operating a world-scale manufacturing complex in Sur, Oman. Through its two ammonia plants and two urea plants, the Company enables the conversion of ammonia into higher-value urea, supporting operational efficiency and resilience. Oman’s strategic location, combined with long-term gas supply arrangements, established offtake relationships and dedicated export infrastructure, provides OMIFCO with reliable access to global markets.

The Company expects base dividend of approximately OMR 71.2 million (US$185 million) for FY2026, paid in two equal instalments (September 2026 and April 2027). Additionally, along with the first dividend distribution expected to be paid by September 2026, the Company intends to pay a special dividend of OMR 9.6 million (US$25.0 million). Effectively, the Company would pay a dividend of OMR 80.8 million (US$210.0 million) for the fiscal year ending 31 December 2026 of which OMR 45.2 million (US$117.4 million) would be paid by September 2026.

OMIFCO’s public listing marks a decisive step for its next phase and growth trajectory, aligned with OMIFCO’s long-term strategic priorities.