Osool & Bakheet Investment Company announces the latest developments on Purchasing of Shares of Advanced Operations Technology Company.

Details of the waived preferential terms (special conditions):

1. Subscription Right granted by Osool & Bakheet (the buyer) to the sellers:

• Ms. Samia Yahya Abdullah Al-Yahya waived her right to subscribe up to a maximum amount of SAR 2,000,000 (two million Saudi Riyals) in the acquired company in the event of its offering/listing on the financial market.

• Mr. Abdulrahman Yahya Abdullah Al-Yahya waived his right to subscribe up to a maximum amount of SAR 3,334,000 (three million three hundred thirty-four thousand Saudi Riyals) in the acquired company in the event of its offering/listing on the financial market.

2. Right to participate in the subscription with a discount on the offering price granted by Osool & Bakheet (the buyer) and the other sellers to the sellers:

• Ms. Samia Yahya Abdullah Al-Yahya waived her right to participate in the subscription in the acquired company with a 20% discount on the offering price.

• Mr. Abdulrahman Yahya Abdullah Al-Yahya waived his right to participate in the subscription in the acquired company with a 20% discount on the offering price.

The duration of the preferential terms (special conditions) granted, which have now been waived, was ten (10) years from the date of signing the Share Purchase Agreement.