Abu Dhabi Ship Building PJSC confirmed the signing of a dual currency contract to build four Falaj 3-class Offshore Patrol Vessels (the "Program") for the UAE Ministry of Defence and the UAE Navy. There is the opportunity for a further contract under the Program for integrated logistics support (ILS) and spare parts supply which could take the total program value up to a cumulative value of approximately AED 3.5 billion. The signed contract is the largest-ever order received by the Company and it reinforces the Company's vision of becoming the leading regional shipyard though delivering innovative and dependable solutions that add value to clients and other stakeholders, both military and civilian.