We have published our 2026 2nd Quarter Report today. Our quarterly and annual reports are available in the Investors section of our corporate website.

Second Quarter Report 2026

We have published our 2026 2nd Quarter Report

We have hosted our Informal Shareholders Meeting at Hotel Jen, bringing together our leadership and valued investors for an open, collaborative dialogue. The highlight of the session was an engaging discussion on our EVOLVE2030 strategic roadmap, laying out the vision for STO's future growth and sustainability.

These gatherings are incredibly valuable to us, giving us a space to connect with our shareholders outside the formal structure of our regular AGMs. We deeply appreciate the continued trust and partnership as we shape the future of STO together.

STO connects with investors at Informal Shareholders Meeting 2026

The meeting brought together our public shareholders to discuss the company’s EVOLVE2030 strategic roadmap and future growth plans

We have officially opened the newly designed first floor of our flagship STO People’s Choice outlet in Malé. This major expansion marks a new chapter for the retail hub, significantly boosting the shopping experience for our customers.

The newly upgraded floor is now open to the public during standard showroom hours. Visitors can explore the comprehensive new product lines immediately.

STO opens new floor at People’s Choice Malé outlet

The new space features an expanded, curated layout for home decor and improvement essentials

We have officially marked a major milestone under our #EVOLVE2030 roadmap with the foundation concrete pouring ceremony for our upcoming new Multi-Story Warehouse in Hulhumalé.

This state-of-the-art facility is strategically engineered to enhance national supply chain logistics. Key features of the new multi-story warehouse include:

This project represents a significant step forward in our commitment to national development. By optimizing our storage infrastructure, we will directly lower operational costs and streamline supply chains. Ultimately, this ensures that essential goods reach every corner of the Maldives with greater efficiency.

STO lays foundation for a new multi-story warehouse in Hulhumalé

This major project will optimize our storage infrastructure, lower operational costs, and help ensure efficient distribution of essential goods across the Maldives

Basic food items are the main foods essential for human growth and maintaining good health. This is considered one of the most important aspects of human life.

Under the government's policy to ensure basic food items used for consumption are available to the general public at affordable prices, 23 items have been added to the designated list of basic food staples (in addition to rice, sugar, and flour). These items have been released to the market and sales commenced on October 15, 2025.

All these items will be available at the STO Wholesale Center and STO People's Choice.

The following table lists the items now available for sale:

Important Notes on Pricing and Operations:

STO's aim is to ensure that healthy food items are always available to the citizens at reasonable prices13.

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Second Quarter Report 2026

STO connects with investors at Informal Shareholders Meeting 2026

STO opens new floor at People’s Choice Malé outlet

STO lays foundation for a new multi-story warehouse in Hulhumalé

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