| Element List | Explanation |
|---|---|
| Introduction | Osool & Bakheet Investment Company announces it was unable to publish its annual financial results for the period ended 31 December 2025 along with the Board of Directors’ report within the determined regulatory deadline Financial Period End: Fiscal year ended 31/12/2025 (12 months) |
| The reason and obstacles for the inability to post the financial results within the legal period | The delay in publishing the financial results is due to the incomplete completion of certain technical procedures related to the valuation of the Company’s investment in Creative Future for Digital Brokerage. This includes finalizing the valuation process and validating specific technical inputs associated with the accounting measurement, in order to ensure the accuracy and reliability of the results in accordance with International Financial Reporting Standards (IFRS). Accordingly, additional time is required to ensure that the accounting measurement is appropriately determined and fairly reflected in the financial statements. |
| A timetable for the procedures taken or to be taken by the company to post the financial results | The Company is currently in the process of completing the necessary procedures in coordination with its external advisors and external auditor, which include: • Finalizing the valuation in accordance with International Financial Reporting Standards (IFRS). • Addressing and discussing the technical observations raised by the external auditor. • Approving the related final accounting treatments |
| The expected date for posting the financial results | Within the regulatory deadline: twenty trading sessions |
| The date of suspending the trading of listed securities | 2026-04-01 Corresponding to 1447-10-13 |
| Additional Information | The procedures for suspension of trading of listed securities will be applied in accordance with the Listing Rules. The Company also confirms its commitment to promptly disclose any material developments that may affect the timing of the announcement. In addition, the Company will provide monthly updates to this announcement until the financial results are published. The Company further clarifies that, as the Board of Directors’ report includes financial data and information derived from the annual financial statements, it will not be able to publish the Board report within the prescribed statutory period. The report will be published once the annual financial statements are finalized and approved. |