Osool & Bakheet Investment Company Announces the Approval of Creative Future for Digital Brokerage Company’s Extraordinary General Assembly to Reduce and Increase Its Capital

The Extraordinary General Assembly of Creative Future for Digital Brokerage Company (59.66% owned by Osool & Bakheet) approved reducing the issued capital from SAR 27,125,000 to SAR 25,000,000 by canceling 212,500 unpaid shares.
A subsequent 32% capital increase was approved to raise the capital from SAR 25,000,000 to SAR 33,000,000 through the issuance of 800,000 new ordinary shares at SAR 10 per share.
The increase will be funded by capitalizing SAR 5.32 million of debt owed to Osool & Bakheet and a SAR 2.68 million subscription from other shareholders, with Osool & Bakheet committing to cover any unsubscribed shares.
The capital adjustment aims to strengthen the company’s financial position and support operational growth, though the specific financial impact on Osool & Bakheet is currently undetermined pending statutory approvals.

Element List	Explanation
Announcement Detail	Osool & Bakheet Investment Company announces that on 23/07/2026 the Extraordinary General Assembly of Creative Future for Digital Brokerage Company (the investee company), in which Osool & Bakheet holds an ownership stake of 59.66% of the paid-up capital (representing 54.98% of the issued capital) as of the date of the Assembly, approved the following items: First: Reduction of the Issued Capital Approval to reduce the issued capital of Creative Future from SAR 27,125,000 to SAR 25,000,000, by cancelling 212,500 issued and unpaid shares, thereby making the issued capital equal to the paid-up capital of SAR 25,000,000. Second: Capital Increase Approval of the increase in the share capital of Creative Future from SAR 25,000,000 to SAR 33,000,000, representing an increase of SAR 8,000,000 (32%), through the issuance of 800,000 new ordinary shares with a nominal value of SAR 10 per share. The share capital increase shall be subscribed as follows: • An amount of SAR 5,320,000 (equivalent to 532,000 shares) through the capitalization of part of Creative Future’s debt owed to Osool & Bakheet. • An amount of SAR 2,680,000 (equivalent to 268,000 shares) through the subscription of the other shareholders in the investee company. • Osool & Bakheet has undertaken to cover all shares not subscribed to by the other shareholders, ensuring the full completion of the capital increase. Third: Reason for the Capital Increase The capital increase aims to strengthen the company’s financial position and support its operational needs and future plans, thereby contributing to improving the efficiency of its operations, supporting its sustainability and preparing it to achieve growth in the coming period. Fourth: Impact of the Increase on Osool & Bakheet’s Ownership The company is currently unable to determine the financial impact resulting from the capital increase, as this is contingent upon the completion of the relevant statutory procedures and obtaining the necessary approvals. The company will announce the financial impact and any material developments in this regard as soon as the necessary information becomes available.

Element List

Explanation

Announcement Detail

Osool & Bakheet Investment Company announces that on 23/07/2026 the Extraordinary General Assembly of Creative Future for Digital Brokerage Company (the investee company), in which Osool & Bakheet holds an ownership stake of 59.66% of the paid-up capital (representing 54.98% of the issued capital) as of the date of the Assembly, approved the following items:

First: Reduction of the Issued Capital

Approval to reduce the issued capital of Creative Future from SAR 27,125,000 to SAR 25,000,000, by cancelling 212,500 issued and unpaid shares, thereby making the issued capital equal to the paid-up capital of SAR 25,000,000.

Second: Capital Increase

Approval of the increase in the share capital of Creative Future from SAR 25,000,000 to SAR 33,000,000, representing an increase of SAR 8,000,000 (32%), through the issuance of 800,000 new ordinary shares with a nominal value of SAR 10 per share. The share capital increase shall be subscribed as follows:

• An amount of SAR 5,320,000 (equivalent to 532,000 shares) through the capitalization of part of Creative Future’s debt owed to Osool & Bakheet.

• An amount of SAR 2,680,000 (equivalent to 268,000 shares) through the subscription of the other shareholders in the investee company.

• Osool & Bakheet has undertaken to cover all shares not subscribed to by the other shareholders, ensuring the full completion of the capital increase.

Third: Reason for the Capital Increase

The capital increase aims to strengthen the company’s financial position and support its operational needs and future plans, thereby contributing to improving the efficiency of its operations, supporting its sustainability and preparing it to achieve growth in the coming period.

Fourth: Impact of the Increase on Osool & Bakheet’s Ownership

The company is currently unable to determine the financial impact resulting from the capital increase, as this is contingent upon the completion of the relevant statutory procedures and obtaining the necessary approvals. The company will announce the financial impact and any material developments in this regard as soon as the necessary information becomes available.