Anaam International Holding Group Announces the sale of its stake in Saudi Wasit Company for Entertainment and Beauty Systems for Industry .

Total transaction value: SAR 38,182,218. The First Party (the Company) agrees to transfer the shares and assign any right thereto under the Companies Law and the Memorandum of Association upon payment by the Second Party of the first installment of the Company's value amounting to SAR 25,200,000, up to a maximum of 30 days from the date of signing the contract. The second installment of SAR (3,245,554.5) is payable one year after the date of signing the contract. The rest of the amount shall be paid in three equal installments every six months from the date of payment of the second payment.

The second installment of SAR 3,245,554.5 is due one year from the date of signing this contract.

The remaining amount will be paid in three equal installments every six months from the date of payment of the second installment.

The buyer has signed promissory notes payable on their respective due dates