Element List	Explanation
Introduction	With reference to its announcement published on the Tadawul website on 08/11/1445 H corresponding to 16/05/2024 regarding the amendment of the Board of Directors’ recommendation to the Extraordinary General Assembly to increase the Company’s capital through a Rights Issue amounting to 350,000,000 Saudi Riyals — an increase that will support the Company’s expansion strategy, enhance its activities, and grow its direct and indirect local investments, in addition to strengthening its financial position —Methanol Chemicals Company (Chemanol) announces that, on 21/12/2025, it has contracted with Al-Bilad Financial Company to serve as the financial advisor and lead underwriter for the Offering, replacing Wasatah Capital following the expiry of its contract term.
Previous Announcement	Methanol Chemicals Company (Chemanol) announces the Latest Developments Regarding its Board of Directors’ Recommendation to increase The Company's Capital by offering Rights Issue.
Date of Previous Announcement on Saudi Exchange’s Website	2024-05-16 Corresponding to 1445-11-08
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	The Company has contracted with Al-Bilad Financial Company as the financial advisor and lead underwriter for the Offering as of 21/12/2025, replacing Wasatah Capital following the expiry of its contract term.
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.	N/A
Delay consequences on the Company’s financial results	N/A
Additional Information	Further announcement will be made once the Company files its capital increase application with the CMA for approval.