Addendum Announcement from Dar Almarkabah for Renting Cars Co. in regards to Company announcement of annual financial results ending 31-12-2025

The Company would like to inform its shareholders that the accumulated losses have reached 26% of the Company’s capital, amounting to SAR 25,000,000, based on the annual financial statements for the year ended December 31, 2025.

• The Company implemented a restructuring plan during the previous period, which included discontinuing a number of low-profit projects and contracts in order to improve operational efficiency over the medium and long term.

• A decline in revenues as a result of the Company’s strategic direction toward diversifying its customer base and reducing reliance on certain sectors, which temporarily impacted business volume.

• An increase in operating costs, including financing, insurance, and maintenance costs, in addition to higher depreciation expenses associated with the modernization of the vehicle fleet.

• The recognition of financial provisions related to certain receivables and impairment of some assets, in line with the applicable accounting policies.

• The operational activity was affected during the period by certain temporary conditions, which impacted fleet utilization rates.

The Company also confirms that it will apply the procedures and instructions applicable to companies listed on the Saudi Exchange whose accumulated losses reach 20% or more of their capital.

• Enhancing operational efficiency and increasing utilization rates

• Expanding into higher-margin segments

• Improving cost management and liquidity management