| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement of Al Moammar Information Systems Company (“MIS”) published on the Saudi Exchange (Tadawul) on 15/04/1447H (corresponding to 07/10/2025G) regarding the latest developments on the establishment of a wholly owned limited liability subsidiary headquartered in Riyadh, specialized in the management, operation, and marketing of data centers, The company announces the latest developments, represented by the entry of Edarat Company as a partner in the National Excellence Data Centers Company (LLC) with a 40% stake, after completing the necessary regulatory procedures related to this matter. |
| Previous Announcement | Announcement by Al Moammar Information Systems Company of the Board of Directors’ approval to establish a wholly owned limited liability subsidiary (100%). |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-10-07 Corresponding to 1447-04-15 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The entry of Edarat Communications and Information Technology Company as a 40% partner in the National Data Center Excellence Company (LLC), following the completion of the necessary regulatory procedures. |
| 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. | not applicable |
| Delay consequences on the Company’s financial results | not applicable |
| Additional Information | The regulatory procedures were completed on 10-11-1447H, corresponding to 27-04-2026. |