Saudi Darb Investment Co. Announces an update on The case filed against the former members of the Board of Directors for the term from 10 February 2010 to 9 February 2013 before the Capital Market Authority – Committee for the Resolution of Securities Disputes, seeking compensation, jointly and severally, in the amount of SAR 100,000,000.

Element List	Explanation
Introduction	Further to the Company’s announcement regarding the lawsuit filed against the former members of the Board of Directors for the term from 10 February 2010 to 9 February 2013 before the Capital Market Authority, seeking compensation for the Company jointly and severally in the amount of SAR 100 million, the Company wishes to inform its shareholders that it has received an update from its legal counsel: Ahmed bin Othman Al-Huqail, Abdulilah bin Abdullah Al-Shuhail, and Saad bin Fahd Al-Khanfari – Ahmed bin Othman Al-Huqail and Partners Law Firm for Legal Advocacy and Legal Consultations, in relation to the case.
Previous Announcement	The case filed against the former members of the Board of Directors for the term from 10 February 2010 to 9 February 2013 before the Capital Market Authority – Committee for the Resolution of Securities Disputes, seeking compensation, jointly and severally, in the amount of SAR 100,000,000.
Date of Previous Announcement on Saudi Exchange’s Website	2026-07-21 Corresponding to 1448-02-07
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Saudi Darb Investment Company announces to its valued shareholders that it has received today, Thursday, 23 July 2026 AD, a notice from the Company’s legal advisor and attorney (Ahmed bin Othman Al-Hogail & Partners Law Firm and Legal Consultations), stating that, in implementation of the final decision issued by the Appeals Committee for Securities Disputes, and in pursuit of collecting the rights awarded in favor of the Company: Six enforcement applications have been filed before the Enforcement Court in the city of Riyadh against the former members of the Board of Directors for the term extending from 10/02/2010 AD to 09/02/2013 The Enforcement Circuit of the Enforcement Court in Riyadh has issued, in each of the aforementioned enforcement applications, the enforcement order stipulated in Article Thirty-Four of the Enforcement Law, compelling the judgment debtors to execute the content of the enforcement instrument within five days from the date of their notification, for a total amount of (69,100,441) sixty-nine million one hundred thousand four hundred and forty-one Saudi Riyals. In the event of non-execution within the statutory period, the procedures and measures stipulated in the Enforcement Law and its Implementing Regulations shall be taken. The Company confirms that it is following up on the enforcement procedures through its legal advisor and will announce to its shareholders any material developments that may arise in this regard.
The costs associated with the event, and if they have changed or not with indication of the reasons.	The Company will continuously announce to the shareholders of Saudi Darb Investment Company any other material developments, God willing. And God is the Grantor of success.