Message from the Chairman

The achievements of 2025 are the result of collective effort of our dedicated colleagues, trusted partners, and forward-thinking customers.

Dear Stakeholders,

At Al-Dabbagh Group, we approach sustainability as a driver of long-term economic value—shaping competitiveness, strengthening resilience, and supporting disciplined growth.

Guided by our philosophy of Omnipreneurship—Giving, Earning, and Sustaining—we are focused on translating this into measurable outcomes for both shareholders and society.

Over the past year, FPS has advanced sustainability as a core business lever. The expansion of circular economy capabilities—including post-consumer recycling and reconditioning—has not only reduced waste, but is also a driver of innovation, resilience, and growth. These efforts exemplify how businesses can rethink traditional models and lead the transition towards a more circular and resource-efficient future to combat market turbulence.

The recognition of the Circularity Hub by the United Nations Global Compact as the Best Sustainability Initiative is particularly meaningful. More importantly, it demonstrates that commercially viable solutions to global challenges can be scaled when underpinned by strong execution.
‍
FPS’ giving initiative, the WaterSafe, further demonstrates how business can play a meaningful role in addressing critical social challenges by leveraging its expertise and core competencies.

Climate action remains a central strategic priority. FPS’s progress against Science Based Targets is embedding greater discipline in emissions management, with direct implications for cost optimization, regulatory readiness, and access to capital. In parallel, the development of tools such as the Carbon Tracker is improving data visibility, enabling more precise decision-making, and supporting integration of carbon considerations into operational and investment choices.

Operational performance continues to be underpinned by a focus on people. Strong health and safety standards, workforce engagement, and tailored capability building programs are critical to productivity, risk management, and business continuity.

The achievements of 2025 are the result of collective effort of our dedicated colleagues, trusted partners, and forward-thinking customers. They also reaffirm a broader truth: that sustainable growth is not a trade-off, but a pathway to enduring success.

Looking ahead, our focus is on scaling what works—accelerating high-impact initiatives, further embedding sustainability into core decision-making, and maintaining a disciplined link between sustainability performance and financial outcomes. We will continue to support FPS in strengthening this integration as part of its broader growth strategy. By staying true to our purpose and values, we remain confident in our ability to contribute meaningfully to a more sustainable and inclusive world.

I extend my appreciation to all those contributing to this progress.

Best Regards,

Amr Al-Dabbagh
Chairman and CEO
Al-Dabbagh Group