Correction announcement from Mohammed Hadi Al-Rasheed and Partners Co. in regards to the purchase of shares in a company — acquisition of a stake in the capital of an unlisted company for SAR 92,500,000.

AI Summary

Mohammed Hadi Al-Rasheed and Partners Co. corrected the financial data unit for its SAR 92,500,000 acquisition of a stake in an unlisted company.
The company clarified that the revenue figures for the target asset were previously reported "in thousands" by error, when they were actually the total amounts in Saudi Riyals.
The corrected actual revenue figures for the target asset are SAR 91,096,454 for 2023, SAR 161,693,583 for 2024, and SAR 116,506,302 for 2025.

Element List	Explanation
Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website	2026-07-12 Corresponding to 1448-01-27
Hyperlink to the Previous Announcement	Click Here
Incorrect statements in the previous announcement	Financial Data for the Last Three Financial Years of the Asset Subject to the Transaction: Revenue (in thousands): 2023: SAR 91,096,454 2024: SAR 161,693,583 2025: SAR 116,506,302
Correct Statement	Financial Data for the Last Three Financial Years of the Asset Subject to the Transaction: Revenue (in Saudi Riyals): 2023: SAR 91,096,454 2024: SAR 161,693,583 2025: SAR 116,506,302
Additional Information	The Company would like to clarify that there was an error in the unit of the Revenue, as it was stated to be in thousands, whereas the correct figures are the actual amounts.