United Mining Industries Company announces, pursuant to Article (24)(c) of the Merger and Acquisitions Regulations, the latest developments regarding the announcement issued on behalf of Knauf International GmbH in connection with its Notification of Completion of the Private Transaction

First: Details of the Change In Ownership Structure of the Company

Prior to completion of the Private Transaction, Knauf was not a shareholder in the Company and did not hold any shares therein. As a result of the completion of the Private Transaction, Knauf now owns 63.2% of the Company's total share capital, making it a substantial shareholder.

Second: Key Rights and Obligations of Knauf in Light of Relevant Laws, Regulations and the Company's Bylaws

The shares acquired by Knauf pursuant to the Private Transaction shall be treated equally with the shares of all other shareholders and shall be subject to the same rights and obligations stipulated in the relevant laws, regulations and the Company’s bylaws, without any preferential treatment.

Further, in accordance with Article (24)(a) of the Merger and Acquisitions Regulations, Knauf is under a statutory obligation to refrain from disposing of its shares for a period of six months from the date of completion of the Private Transaction, unless prior approval is obtained from the Capital Market Authority and in accordance with any conditions it determines. Also, pursuant to Article 6(c) of the Rules for Foreign Investment in Securities, Knauf may not sell any of the shares it acquired in the Company within a period of two years after the date of ownership of such shares pursuant to the Private Transaction, in its capacity as a Foreign Strategic Investor.

Third: Board of Directors’ Opinion on Knauf’s Plans

The board of directors of the Company welcomes the views of Knauf stated in the Private Transaction completion announcement regarding its future plans towards the Company's activities and employees. The board of directors of the Company believes that the Private Transaction is expected to generally have a positive impact on the Company's activities and employees.

The board of directors of the Company expresses its confidence in Knauf’s plans, which are aligned with the Company’s long-term growth strategy and objectives. The board of directors of the Company also looks forward to the anticipated positive impact on the Company’s employees, particularly through providing opportunities for professional development and benefiting from Knauf’s global expertise.

Fourth: The extent of any financial impact on the Company as a result of the acquisition

The Private Transaction represents a change in the ownership of the Company’s shares. As of the date of this announcement and based on information currently available, no direct financial impact on the Company is expected to arise solely from the completion of the Private Transaction. Any potential financial impact would depend on future actions, strategic initiatives, or operational decisions that may be implemented following completion of the Private Transaction, which remain subject to internal approvals and applicable regulatory requirements. Without constituting any forward-looking statement or commitment, Knauf global expertise, industry know-how and technological infrastructure may support the Company in enhancing its internal capabilities and pursuing development opportunities. The Company will disclose any material developments or information in accordance with the relevant laws, regulations, and disclosure rules.