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Element List	Explanation
Introduction	With reference to the announcement made by Shatirah House Restaurant CO. ("Burgerizzr") on the Saudi Stock Exchange (Tadawul) dated 24/8/2025 regarding the signing of an acquisition agreement for 60% of the shares of 'SHOVEL' Coffee Bean Trading Company ("the Transaction"), Burgerizzr hereby announces the completion of the transaction procedures and its ownership of 60% of the shares of 'SHOVEL' Coffee Bean Trading Company. This strategic acquisition reaffirms Burgerizzr's commitment to expanding its product portfolio and enhancing its position in the café sector, in a manner that creates added value for its shareholders and supports the company's future growth plans.
Acquisition Procedures Conclusion Date	2025-10-27 Corresponding to 1447-05-05
Summary of Acquisition / Purchase	Burgerizzer acquired, under the agreement, 60% of the shares of 'SHOVEL' Coffee Bean Trading Company by purchasing a number of shares from some partners and increasing the company's capital.Under the deal, Burgerizzer: (a) Purchased 60 shares from the current partners of 'SHOVEL' Coffee Bean Trading Company (b) Increased the capital of 'SHOVEL' Coffee Bean Trading Company from SAR 25,000 to SAR 2,606,500.'SHOVEL' Coffee Bean Trading Company owns the "SHOVEL" brand specialized in the café sector, operates seven branches, and aims to grow and build a strong brand in the café sector.This strategic acquisition aligns with Burgerizzer's plan to grow by entering the café sector, expanding, and building brands in the food industry. Burgerizzer believes that this acquisition will contribute to enhancing the investment value for its shareholders.
Related Parties	The acquisition deal does not involve any related parties.
Financial Impact	The financial impact of the acquisition transaction will be reversed in the consolidated financial statements for the year ending 2025 for Burgerizzr
Ownership and Legal Documents Transfer Conclusion Date	2025-10-27

Shatirah House Restaurant Co. "BURGERIZZR" Announces the Conclusion of Acquisition of 60% of the shares of 'SHOVEL' Coffee Bean Trading Company.