premargin

Element List	Explanation
Introduction	With reference to the announcement made by Arabia Insurance Cooperative Company (“AICC” or the “Company”) on the Saudi Exchange website on 23/12/1446H (corresponding to 19/06/2025G) in relation to its entry into a non-binding Memorandum of Understanding (“MOU”) with United Cooperative Assurance Company (“UCA”) pursuant to which both companies will conduct technical, financial, tax, legal, and actuarial due diligence related to the potential merger between the two companies (the “Proposed Merger”). Pursuant to the termination agreement executed by the parties on 15/09/1447H (corresponding to 04/03/2026G), AICC announces the termination of the MOU and all negotiations related to the Proposed Merger based on the mutual consent of both parties.
Previous Announcement	Arabia Insurance Cooperative Company announces signing a Memorandum of Understanding with United Cooperative Assurance Company to evaluate a potential merger between the two companies.
Date of Previous Announcement on Saudi Exchange’s Website	2025-06-19 Corresponding to 1446-12-23
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	The termination of the MOU and all negotiations related to the Proposed Merger with UCA, based on the mutual agreement by the parties.
Reasons For The Delay on The Date of The Event Previously Announced	Not applicable.
The costs associated with the event, and if they have changed or not with indication of the reasons.	The Company incurred the costs of the advisers, and the costs of the application to the General Authority for Competition.
Delay consequences on the Company’s financial results	Not applicable.

Arabia Insurance Cooperative Co. Announces an update on Arabia Insurance Cooperative Company announces signing a Memorandum of Understanding with United Cooperative Assurance Company.