Element List	Explanation
Introduction	Edarat Communication and Information Technology Co. (EDARAT) announces that the Board of Directors, on 12/04/2026 corresponding to 24/10/1447 AH, has recommended increasing the Company’s capital through the capitalization of retained earnings, by granting bonus shares to shareholders.
Date of Board Meeting	2026-04-12 Corresponding to 1447-10-24
Capital before increase	SAR 50,400,000
Capital after increase	SAR 75,600,000
Percentage of Capital increase	50 %
Number of shares before Capital increase	5040000
Number of shares after Capital increase	7560000
Reasons for the increase	To strengthen the Company’s capital base and support its future growth and expansion plans.
Number of Shares Granted per Exiting Share	One share for each Two shares.
Nature and Value of Reserves Used in the Capitalization	Only 25,200,000 Saudi riyals through capitalization of retained earnings.
Eligibility Date	Eligible Shareholders are Those Holding Shares in the Eligibility Date as per the Shareholders Registry at the Deposit Center at The End of The Second Working Day after Eligibility Date
Fractional Shares	In case of fractional shares, they will be collected in one portfolio for all shareholders and sold at market price, and the proceeds will be distributed to eligible shareholders pro rata within a period not exceeding 30 days.
Approvals	The capital increase is subject to obtaining the approval of the competent authorities and the Extraordinary General Assembly. Any material developments will be announced in due course.