Element List	Explanation
Introduction	Nayifat Finance Co. announces an update on the Appointment of the Acting Chief Executive Officer, the Board of Directors issued a resolution (by circulation) on 28-05-1447 AH, corresponding to 19-11-2025, which includes the extension of the appointment of Mr. Khalid Abdulaziz AlJenaidel as Acting Chief Executive Officer until 22-11-1447 AH, corresponding to 09-05-2026, after obtaining the Non-Objection of the Saudi Central Bank on 24-06-1447 AH, corresponding to 15-12-2025.
Previous Announcement	The Appointment of the Acting Chief Executive Officer
Date of Previous Announcement on Saudi Exchange’s Website	2025-05-22 Corresponding to 1446-11-24
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	The extension of the appointment of Mr. Khalid Abdulaziz AlJenaidel as Acting Chief Executive Officer until 22-11-1447 AH, corresponding to 09-05-2026.
Reasons For The Delay on The Date of The Event Previously Announced	NA
The costs associated with the event, and if they have changed or not with indication of the reasons.	NA
Delay consequences on the Company’s financial results	NA
Additional Information	NA