| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement of the Saudi Cable Company on the Tadawul website dated 22/07/1447AH corresponding to 11/01/2026AD related to obtaining an interest-free loan, which includes the loan repayment mechanism and the repayment mechanism described in the aforementioned announcement, the Saudi Cable Company would like to announce to its valued shareholders the rescheduling of the interest-free loan. |
| Date of singing the rescheduling of finance | 2026-01-25 Corresponding to 1447-08-06 |
| Financing entity | Mr. Ibrahim bin Mansour Al-Rajhi |
| Reasons for rescheduling | The Company would like to make it clear to its shareholders that the reason for the rescheduling is that the first payment is due very close to the date of obtaining the loan, and that the objective of the rescheduling is to reduce the liabilities of the first quarter and improve working capital, which will have a positive impact on the Company's operating activities. |
| The Financing amount and rescheduled part | The loan amount is 107,939,314.85 Saudi riyals (one hundred and seven million nine hundred and thirty-nine thousand, three hundred and fourteen riyals and eighty-five halalas), which is an interest-free loan without interest, and the full amount has been rescheduled. |
| Financing Duration, before and after Rescheduling | The payment mechanism (before amendment) is as follows: 1. Payment due on 15/01/2026 in the amount of (45,000,000) Forty-Five Million Riyals. 2. Payment due on 01/03/2026 in the amount of (10,430,397) ten million four hundred and thirty thousand three hundred and ninety-seven riyals. 3. Payment due on 03/03/2026 in the amount of (2,603,356.32) Two Million Six Hundred Three Thousand Three Hundred and Fifty-Six Riyals and Thirty-Two Halalas. 4. Payment due on 03/03/2026 in the amount of (49,905,561) Forty-Nine Million Nine Hundred Five Thousand Five Hundred and Sixty-One Saudi Riyals. If the Company fails to make the payments in accordance with paragraph (1) within three calendar days of the arrival of any of the due dates, all payments shall be the Company's liability without any consideration of the rest of the due dates. The payment mechanism (after rescheduling) is as follows: 1. Payment due at the end of the first quarter of 2026 in the amount of SAR (45,000,000) Forty-Five Million. 2. The dates of the remaining payments, which amount to (62,939,314,85) Sixty-Two Million, Nine Hundred and Thirty-Nine Thousand, Three Hundred and Fourteen Riyals and Eighty-Five Halalas, will be determined at a later date and will be announced in due course. |
| Guarantees offered for the rescheduled Financing | Promissory notes have been offered to an order for the full loan amount for the principal of the loan, and the promissory notes are valid after rescheduling. |
| Related Parties | Mr. Turki bin Ibrahim bin Mansour Al-Rajhi (Non-Executive Board Member), This contract will be presented to the General Assembly for a vote. |