Route Mobile has filed a regulatory disclosure with BSE and NSE regarding the departure of board member Mark James Reid from Proximus Group. The disclosure, submitted under Regulation 30 of SEBI Listing Regulations, confirms Reid's planned exit by the end of January 2026 to pursue career opportunities in the UK.

Official Regulatory Filing

The company's disclosure to stock exchanges provides comprehensive details about the leadership transition:

Reid's Professional Background

Mark Reid joined Proximus in May 2021, bringing extensive international experience from senior financial roles across multiple industries. His career spans positions at British Airways, Travelport, Yahoo, and Liberty Global group, with work experience in Switzerland, UK, and the US.

Strategic Contributions at Proximus

Reid played a crucial role in executing Proximus's Inspire 2022 strategy, successfully bringing domestic operations back to topline and EBITDA growth. Under the Bold 2025 strategy, he delivered consistent financial performance despite increasing market competition and significant investment requirements for Belgium's gigabit network infrastructure.

Leadership Acknowledgment

Stijn Bijnens, CEO of Proximus Group, acknowledged Reid's major contribution to the company's financial growth and health during a period of unprecedented CAPEX investment in fiber network infrastructure. The leadership praised his courage and determination in implementing the domestic divestment program and his interim CEO role at Proximus Global.

Board Continuity

Route Mobile confirmed that Reid will continue serving on the company's board until his departure from Proximus Group, ensuring governance continuity during the transition period. The company has committed to providing further updates in accordance with listing regulation provisions.

Route Mobile Limited , a leading cloud communication platform provider, has announced that its wholly owned subsidiary, Routesms Solutions FZE, has received a partial arbitration award from the Singapore International Arbitration Centre (SIAC). The award pertains to ongoing disputes with Atom Myanmar Limited under an International A2P SMS Termination and Firewall Managing Services Master Agreement.

Key Points of the Arbitration Award

The partial award, issued on November 18, 2025, and received by the company on November 20, 2025, addresses several preliminary issues:

• Interpretation of contractual provisions related to committed traffic volumes
• Refund obligations of prepaid amounts

It's important to note that the arbitration proceedings are still ongoing for remaining issues.

Financial Impact

Route Mobile has clarified that there is no incremental financial impact arising from this partial award. The company had already taken proactive measures by writing off the balance net advance related to this arrangement in its consolidated financial results for the quarter and half-year ended September 30, 2025.

Regulatory Compliance

In adherence to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Route Mobile has promptly disclosed this development to the stock exchanges. The company has assured stakeholders that it will continue to monitor the situation and make further disclosures if required, in accordance with listing regulations.

Route Mobile has uploaded the detailed disclosure on its website at www.routemobile.com .

As the arbitration proceedings continue, investors and stakeholders will be keenly watching for any further developments that may impact the company's operations or financial position in the A2P SMS services segment.