Following the receipt of all necessary approvals and non-objections required from the relevant entities, the Company, pursuant to Article (24)(c) of the Merger and Acquisition Regulations, announces the completion of the Transaction, and as a result to the Transaction:

First: The details of structure changes of the Company

PIF has become a substantial shareholder in the Company, owning a stake representing (54%) of the entire share capital of the Company. The Company further confirms that the remaining shares, amounting to (46%) of the entire share capital, are not part of the Transaction.

Second: The most significant rights and obligations on PIF, in light of the relevant laws and regulations and the Company's bylaws

The rights and obligations of shareholders as per the applicable rules and regulations and the Company’s bylaws shall equally apply to PIF without any preferential treatment being granted to PIF. In addition, and in line with Article 24(a) of the Merger and Acquisitions Regulations, PIF may not dispose of any of its shares within the six-month period following the completion of the Transaction without prior approval from the Capital Market Authority and in accordance with any conditions it specifies.

Third: The Board’s opinion on PIF’s plans towards the Company’s activities, shareholders and employees

The Board welcomes PIF’s announcement of the completion of the transaction regarding its future plans towards the Company's activities, shareholders, and employees. The Board believes that the transaction is expected to generally have a positive impact on the company's activities, shareholders, and employees.

Fourth: The financial impact on the Company as a result of the Transaction

The Transaction is not expected to result in any direct financial impact on the Company.