On Saturday 3 January 2026, the United States military entered Venezuela and captured President Nicolas Maduro and his wife and extracted them from Caracas to New York. The raid reportedly caused 83 deaths, including 32 Cuban citizens. On 5 January 2026, Venezuela’s Vice-President Delcy Rodriguez was formally sworn in as interim President.
In the context of these events, U.S. President Donald Trump and Secretary of State Marco Rubio made various statements related to Cuba, including assertions that Cuba would no longer receive oil or financial support from Venezuela.
It seems clear that if the U.S. government is able to follow through on its stated intentions, this would have a serious impact on Cuba and by extension on the operations of the Company.
Management and the Board of Directors are closely monitoring events and will provide further updates if and when required.