| Element List | Explanation |
|---|---|
| Introduction | With reference to the Company’s announcement in Tadawul dated 28-01-1447 corresponding to 23-07-2025 regarding the ruling issued by the Administrative Court of Appeal on 12-01-1447 corresponding to 07-07-2025, which supported the ruling of Administrative Court to annul the decisions of the Committee for Adjudication for Competition Law Violations issued against two of its subsidiaries that relates to the imposed fine. The Company is pleased to announce to its shareholders that it has received on Tuesday 14-07-2026 the amount of the fine amounting to SAR 26.1 million from the General Authority for competition. |
| Previous Announcement | The ruling issued by the Administrative Court of Appeal with regard to the lawsuit filed by the General Authority for Competition against two of its subsidiaries. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-07-23 Corresponding to 1447-01-28 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The company has received the amount of the fine amounting to SAR 26.1 million from the General Authority for Competition. |
| Reasons For The Delay on The Date of The Event Previously Announced | Not applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | The Company has received the amount of the fine amounting to SAR 26.1 million from the General Authority for Competition.There will be a positive impact on the company’s financial results for year 2026 with the same amount. |
| Delay consequences on the Company’s financial results | Not applicable |
| Additional Information | None |