Element List	Explanation
Introduction	Basma Adeem Medical Company (“the Company”) is pleased to announceBasma Adeem Medical Company (“the Company”) is pleased to announce the signing of a non-binding Memorandum of Understanding with Al-Ajaji Trading Company to acquire its entire (100%) stake in Fahad Abdullah Al-Ajaji Dental Complex Company (“the Target Company”), a limited liability company specializing in dental and dermatology clinics. This move is part of the Company’s strategy to strengthen its presence in the medical sector, expand its business base, and capitalize on the growing opportunities in this sector. The final value of the acquisition will be determined after the completion of the financial valuation, due diligence, and obtaining the necessary approvals.
Memorandum Signing Date	2026-04-08 Corresponding to 1447-10-20
Counterparty	Al-Ajaji Trading Company
Memorandum Subject	The parties agree to enter into serious negotiations and take all necessary measures to complete the acquisition by Basma Adeem Medical Company of all shares of Al-Ajaji Trading Company in the target company at a rate of (100%), including all three of its branches in the Qassim region, its assets and liabilities, through a physical structure that combines cash, the issuance of new shares and deferred payments linked to performance, provided that a final and binding sale and purchase agreement is signed after fulfilling the regulatory requirements and issuing the results of the due diligence and valuation in a manner satisfactory to the company.
Memorandum Duration	The memorandum shall be valid from the date of its signing for a period of (6) calendar months, (extendable by agreement of both parties)
Related Parties	There are no related parties.
Financial Impact	There is no financial impact at present, and any subsequent material developments will be announced in due course.