In line with Qatar Stock Exchange’s commitment to maintaining fair, orderly, and efficient markets, and consistent with international best practices and IOSCO principles relating to market integrity and transparent price formation, Qatar Stock Exchange (“QSE”) hereby announces the implementation of a randomized uncrossing mechanism applicable to the opening and closing auction sessions.

Under this enhancement, the uncrossing of orders and determination of the auction price for each listed security will occur independently and at a randomly determined time within a defined randomization window during the final minute of the respective auction session. Accordingly, during the randomization window, each security will remain in the auction phase until the system selects that security at a random time for uncrossing, at which point eligible orders will be matched and executed in accordance with existing auction price determination rules.