Panama Petrochem Ltd announces a change in management effective July 31, 2025, with Mr. Amirali Rayani stepping down as Chairman and Mr. Arif Rayani being appointed as the new Chairman from August 1, 2025. Additionally, Mr. Hussein Rayani is re-appointed as Joint Managing Director starting October 31, 2025, for five years, and JMR & Associates LLP's reappointment as Statutory Auditors is subject to approval.