Element List	Explanation
Introduction	Mohammed Hassan AlNaqool Sons Company announces that its Board of Directors decided on 04/28/2026 to recommend to the Extraordinary General Assembly to increase the company’s capital by 100% by granting free shares through the capitalization of SAR 29,000,000 from retained earnings, by granting (1) free share for every (1) share owned by the shareholders.
Date of Board Meeting	2026-04-28 Corresponding to 1447-11-11
Capital before increase	29,000,000 Saudi Riyals
Capital after increase	58,000,000 Saudi Riyals
Percentage of Capital increase	100 %
Number of shares before Capital increase	2900000
Number of shares after Capital increase	5800000
Reasons for the increase	This increase aims to strengthen the strategic growth plan and future expansion needs, and to emphasize the financial solvency and strength of the company's financial position.
Number of Shares Granted per Exiting Share	One share for every share owned
Nature and Value of Reserves Used in the Capitalization	The increase will be achieved by capitalizing SAR 29,000,000 from retained earnings.
Eligibility Date	Eligible Shareholders are Those Holding Shares in the Eligibility Date as per the Shareholders Registry at the Deposit Center at The End of The Second Working Day after Eligibility Date
Fractional Shares	In the event of fractional shares, the fractions will be collected into a single portfolio for all shareholders and sold at the market price, and their value will be distributed to the shareholders entitled to the bonus, each according to his share, within a period not exceeding 30 days from the date of determining the new shares due to each shareholder.
Approvals	The increase is conditional upon obtaining the approval of the regulatory authorities and the Extraordinary General Assembly for the increase in capital and the number of shares.