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Element List	Explanation
Introduction	Arabian Plastic Industrial Co. announces the Board of Directors’ recommendation to the Extraordinary General Assembly to increase the company’s capital by granting bonus shares to shareholders, with a portion of the shares allocated to employee incentive programs, with the aim of supporting the company’s expansion plans, strengthening its financial position, and supporting long-term employee incentive programs that enhance attracting and retaining talent and motivating performance.
Date of Board Meeting	2026-03-15 Corresponding to 1447-09-26
Capital before increase	75,000,000
Capital after increase	102,000,000
Percentage of Capital increase	36 %
Number of shares before Capital increase	7500000
Number of shares after Capital increase	10200000
Reasons for the increase	supporting the company’s expansion plans, strengthening its financial position, and supporting long-term employee incentive programs that enhance attracting and retaining talent and motivating performance.
Number of Shares Granted per Exiting Share	1 share for every 3 shares owned. 200,000 treasury shares, representing 1.96% of the company’s capital after the increase, will be allocated for use in long-term employee incentive (LTI) programs or any other strategic purposes approved by the Board of Directors.
Nature and Value of Reserves Used in the Capitalization	The increase will be through capitalization of SAR 27,000,000 from the retained earnings and additional working capital
Eligibility Date	Eligible Shareholders are Those Holding Shares in the Eligibility Date as per the Shareholders Registry at the Deposit Center at The End of The Second Working Day after Eligibility Date
Fractional Shares	In case there are fractional shares, the fractions will be consolidated in one portfolio for all shareholders to be sold at market price, then the amount will be distributed among the eligible shareholders proportionately as per ownership percentage within a period not exceeding 30 days from the date of determining the due shares for each shareholder.
Approvals	The proposed grant is subject to obtaining necessary approvals from competent authorities and Extraordinary General Assembly on the capital increase and number of granted shares.

Arabian Plastic Industrial Company (APICO) announces the Board of Directors’ recommendation for capital increase by way of issuing bonus shares to shareholders.