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| Announcement Detail | Altharwah Albashariyyah Co. (Tharwah) announces the official launch of “Thrwty”, an intelligent digital platform representing one of the Group’s strategic products, developed as part of its investment in digital solutions and artificial intelligence, and in line with its strategy to diversify revenue streams and enhance innovation in human and institutional capability development services. The Thrwty platform is built on an advanced model that integrates competency frameworks, internationally recognized psychometric assessments, and artificial intelligence technologies to help individuals discover their capabilities, strengths, and career interests, enabling data-driven educational and career decisions. It also supports public and private sector organizations in attracting suitable talent and improving recruitment decisions through competency- and capability-based assessments rather than relying solely on traditional resumes. The platform includes – but is not limited to – competency discovery tools, psychometric assessments, AI-powered analytics, professional reports and recommendations, supporting development, recruitment, and career guidance decisions for individuals and organizations. The launch reflects Tharwah Group’s vision and mission of developing human and institutional capabilities through innovative national products that enhance human capital efficiency and improve the readiness of individuals and organizations for the evolving labor market, in alignment with Saudi Vision 2030 and the Human Capability Development Program. The launch of Thrwty also represents a strategic milestone in the Group’s roadmap to expand its portfolio of knowledge-, data-, and AI-driven digital products and develop scalable solutions locally and regionally, supporting sustainable growth over the medium and long term. The Group will continue investing in the platform by introducing additional services and modules to meet the evolving needs of individuals and organizations and strengthen integration across its human capital development solutions. The platform can be accessed via: www.thrwty.com The financial impact of the platform launch cannot be determined at the present time. The Company will disclose any material financial impact or material developments, if any, in due time. |