Element List	Explanation
Introduction	Edarat Communication and Information Technology Co. (EDARAT) is pleased to announce to its esteemed shareholders that the Capital Market Authority (CMA) has issued its approval on 10/05/2026 (corresponding to 23/11/1447H), approving the Company’s request to increase its capital through the capitalization of retained earnings by granting bonus shares.
Date of Announcing the Application on Saudi Exchange’s Website	2026-04-12 Corresponding to 1447-10-24
Date of Submitting the File	2026-05-03 Corresponding to 1447-11-16
Application Status at CMA	On 10/05/2026 (corresponding to 23/11/1447H), the Capital Market Authority (CMA) issued its approval for the Company’s request to increase its capital through the capitalization of retained earnings by granting bonus shares. The increase will be through issuing 2,520,000 new shares, representing 50% of the Company’s capital.
Other Substantial Updates	The company will complete the regulatory procedures required by the relevant authorities and prepare for the Extraordinary General Assembly meeting, which will be announced at a later date.
Additional Information	The entitlement to the bonus shares will be granted to shareholders who own shares at the end of the trading day on which the Extraordinary General Assembly (EGA) for the capital increase is held. It will also apply to shareholders registered with the Securities Depository Center (Edaa) at the end of the second trading day following the EGA meeting.