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Element List	Explanation
Introduction	Almasane Alkobra Mining Company (AMAK) announces the recommendation of its Board of Directors to increase the Company's capital offering rights issue shares.
Date of Board Meeting	2026-02-16 Corresponding to 1447-08-28
Target Amount	SAR 680,000,000
Reasons for the increase	The rights issue offer will allow the Company to support its expansion plans and continue to invest in the growth of its portfolio.
Eligibility date	Shareholders holding shares on the date of the Extraordinary General Assembly meeting in which capital increase through the offer of rights issue was resolved whose names appear in the register of the issuer’s shareholders at the Depository Center at the end of the second trading day following the date of the General Assembly's Meeting.
Approvals	The approvals of the relevant competent authorities and the Extraordinary General Assembly.
Appointment of Financial Advisor and Submission of the Capital Increase Application File to CMA	On 28/08/1447 AH, corresponding to 16/02/2026 AD, the Board of Directors approved the appointment of Al Rajhi Capital as a Financial Advisor for the offering and to provide advice on the capital increase and its restructuring, and to prepare the relevant documents in accordance with the regulatory requirements. An Announcement will be made when the capital increase request file is submitted to the Capital Market Authority for its approval.

Almasane Alkobra Mining Company (AMAK) announces the Board's Recommendation to Increase the Capital by Offering Rights Issue Shares