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Element List	Explanation
Announcement Detail	In alignment with its growth Strategy “NMOU" Maharah Human Resources Company (“Maharah”) is pleased to announce that its wholly owned subsidiary, Growth Avenue Investment Company “GAC”, signed the Brand License Agreement “BLA” with ManpowerGroup® for a tenor of five years and that was during the U.S.- Saudi investment forum held currently in Washington, USA and shall operate the Licensed Business under the “Manpower” brand as envisaged under this Brand License Agreement . Other Information: • The BLA comes in line with Maharah Human Resources Company’s strategy aimed at expanding into areas of professional workforce recruitment and outsourcing and engaging in value-added activities that strengthen its competitive position in the human resources services market through the company that owns and operates the BLA. • The Financial Impact on Maharah expected to be presented in 2026 and for the duration of the BLA, and it is also worth to mention that the BLA agreement has no related parties. • The BLA will leverage Manpower’s global brand and presence in the Saudi market, with the aim of providing employment and human resources services in accordance with international standards. The BLA is based on the transfer of global expertise and the enhancement of local capabilities, while committing to support national value through localization programs and the empowerment of national talents, in alignment with the objectives of Saudi Vision 2030. • ManpowerGroup® (NYSE: MAN) ranks among the world’s leading workforce solutions companies by revenue and is publicly listed on the New York Stock Exchange. The company operates more than 2,100 branches across 75 countries and territories, and recorded revenues of approximately USD 18 billion in 2024. Through this global network and the signed BLA, comprehensive human resources solutions will be provided to both Local Saudi companies as well as foreign companies and investors seeking to enter the Saudi market.

Element List

Explanation

Announcement Detail

In alignment with its growth Strategy “NMOU" Maharah Human Resources Company (“Maharah”) is pleased to announce that its wholly owned subsidiary, Growth Avenue Investment Company “GAC”, signed the Brand License Agreement “BLA” with ManpowerGroup® for a tenor of five years and that was during the U.S.- Saudi investment forum held currently in Washington, USA and shall operate the Licensed Business under the “Manpower” brand as envisaged under this Brand License Agreement .

Other Information:

• The BLA comes in line with Maharah Human Resources Company’s strategy aimed at expanding into areas of professional workforce recruitment and outsourcing and engaging in value-added activities that strengthen its competitive position in the human resources services market through the company that owns and operates the BLA.

• The Financial Impact on Maharah expected to be presented in 2026 and for the duration of the BLA, and it is also worth to mention that the BLA agreement has no related parties.

• The BLA will leverage Manpower’s global brand and presence in the Saudi market, with the aim of providing employment and human resources services in accordance with international standards. The BLA is based on the transfer of global expertise and the enhancement of local capabilities, while committing to support national value through localization programs and the empowerment of national talents, in alignment with the objectives of Saudi Vision 2030.

• ManpowerGroup® (NYSE: MAN) ranks among the world’s leading workforce solutions companies by revenue and is publicly listed on the New York Stock Exchange. The company operates more than 2,100 branches across 75 countries and territories, and recorded revenues of approximately USD 18 billion in 2024. Through this global network and the signed BLA, comprehensive human resources solutions will be provided to both Local Saudi companies as well as foreign companies and investors seeking to enter the Saudi market.

Maharah Human Resources Co. announces signing Brand License Agreement with ManpowerGroup®