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Element List	Explanation
Introduction	Further to the approval of the Board of Directors of Tabuk Agricultural Development Co. to sell part of its investment in Horizon Food Co. amounting to (1,000,000) shares at a price not less than SAR (35) per share, and with reference to the Company’s announcement published on Tadawul website on 15/03/2026G corresponding to 26/09/1447H regarding the sale of part of its investment in Horizon Food Co., as well as the announcements published on 26/03/2026G corresponding to 07/10/1447H and on 08/04/2026G corresponding to 20/10/1447H concerning the latest developments related to the sale of part of its investment in Horizon Food Co. The Company Announces the Latest Developments Regarding the Sale of Part of its Investment in Horizon Food Co.
Previous Announcement	Tabuk Agricultural Development Co. Announces an update of the Latest Developments on the Sale of Part of its Investment in Horizon Food Co.
Date of Previous Announcement on Saudi Exchange’s Website	2026-04-08 Corresponding to 1447-10-20
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Tabuk Agricultural Development Co. announces the sale of (200,000) shares from its investment in Horizon Food Co. at a price of SAR (35) per share, for a total value of SAR (7,000,000). In addition, the Company sold (86,250) shares for a total value of SAR (3,018,750), before deducting transaction-related expenses, through two separate transactions. The Company clarifies that these two transactions are complementary to the previously announced transactions regarding the sale of part of its investment in Horizon Food Co., as part of the Company’s plan to sell up to (1,000,000) shares of its investment in the said company, with the aim of enhancing cash liquidity and supporting its operational and agricultural plans. With the completion of these transactions, the Company has completed the sale of the full approved quantity of (1,000,000) shares.
Reasons For The Delay on The Date of The Event Previously Announced	N/A
The costs associated with the event, and if they have changed or not with indication of the reasons.	It is expected that these two transactions will result in recording a loss amounting to SAR (1,064,277), due to the difference between the selling price and the book value of the investment, which amounted to SAR (38.718) per share, according to the latest announced annual financial statements for the fiscal year ended 31/12/2025G. The financial impact of these transactions will be reflected in the Company’s interim financial statements for the period ending on 30 June 2026G
Delay consequences on the Company’s financial results	N/A

Tabuk Agricultural Development Co. Announces an Update on the Sale of Part of its Investment in Horizon Food Co.