With reference to the announcement of the Capital Market Authority dated 29/03/1446H corresponding to 02/10/2024G which approved the company’s request to reduce its capital from (297,000,000) Saudi Riyals to (218,295,000) Saudi Riyals, and consequently reduce the number of shares from (2,970,000,000) shares to (2,182,950,000) shares, and with reference to the company’s announcement on 12/04/1446H corresponding to 15/10/2024G regarding the invitation from the Company’s Board of Directors to the shareholders to attend the Extraordinary General Assembly Meeting containing the reduction of the Company’s capital (first meeting), which is scheduled to be held, God willing, at 6:30 On Tuesday evening, 24/05/1446 AH corresponding to 26/11/2024 AD through modern technology.

The company would like to announce to its shareholders the publication of the shareholders’ circular regarding the reduction of the company’s capital.