External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Mari Energies (MARI) held its 42nd Annual General Meeting following the release of its FY26 results.</li><li>The company achieved its highest-ever production level of 41.28 MMBOE in FY26, compared to 39.13 MMBOE in FY25.</li><li>Management expects production from Ghazij/Shawal to reach 120mmcfd by the end of FY27, and 222mmcfd by FY28.</li></ul>

Mari Energies (MARI) held its 42nd Annual General Meeting following the release of its FY26 results.The company achieved its highest-ever production level of 41.28 MMBOE in FY26, compared to 39.13 MMBOE in FY25.Management expects production from Ghazij/Shawal to reach 120mmcfd by the end of FY27, and 222mmcfd by FY28.

Topline Flash Note: Mari Energies Limited (MARI) - AGM Key Takeaways