| Introduction | Riyadh Cables Group Company announces its intention to purchase a number of its own shares to be allocated to the Employee Long-Term Stock Incentive Plan. |
| Board of director’s recommendation date | 2026-03-12 Corresponding to 1447-09-23 |
| Purpose of Purchase | To retain them as treasury shares for the purpose of allocating them to the Employee Long-Term Stock Incentive Plan. |
| Purpose of Purchase (If the Purpose to Keep the Shares as Treasury Shares) | To allocate to the Employee Long-Term Stock Incentive Plan. |
| Number of Shares to be Bought | 300000 |
| Shares Class and type | Ordinary Shares |
| Method of Financing the Purchasing Process | The Company’s own resources |
| Current Percentage of the Treasury Shares at the Company out of the Total Class of Shares Purchased | 0.188% |
| Approvals and Meeting the Conditions of Financial Appropriateness | Extraordinary General Assembly Approval must be Obtained for the shares buy-back transaction, also financial solvency requirements contained in Implementing Regulations issued pursuant to the Companies Law shall be fulfilled |
| Voting Right | Purchased Shares Shall not Have Voting Rights in the General Assembly’s Meetings |