Element List	Explanation
Introduction	With reference to the announcement of Edarat Communication and Information Technology Co. ( EDARAT) published on the Saudi Exchange (Tadawul) website on 18/04/2024 AD corresponding to 09/10/1445 AH regarding the resolution of the Board of Directors dated 17/04/2024 AD corresponding to 08/10/1445 AH approving the Company’s transfer from the Parallel Market (Nomu) to the Main Market, the Company would like to announce to its shareholders the change of the previously appointed financial advisor and the appointment of Al Rajhi Capital as a new financial advisor for the purpose of the transition, in accordance with the requirements of the updated and amended Listing Rules issued by the Capital Market Authority. Note that the move to the Main Market remains subject to the approval of the Saudi Exchange and the fulfillment of all requirements stipulated in the applicable listing rules. Any developments related to this matter will be announced later.
Previous Announcement	Edarat Communication and Information Technology Co. (EDARAT) announce the resolution of its Board of Directors dated 17/04/2024 AD corresponding to 08/10/1445 AH approving the Company’s transfer from the Parallel Market (Nomu) to the Main Market.
Date of Previous Announcement on Saudi Exchange’s Website	2024-04-18 Corresponding to 1445-10-09
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Changing the previously appointed financial advisor and appointing Al Rajhi Capital as a new financial advisor for the purpose of moving to the Main Market.
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	The Company will announce any material developments related to this matter in due course. For any inquiries, please contact the Investor Relations Department at the Company during official working hours at: Phone: +966 581822902 or via email: IR@edaratgroup.com