Arabian Pipes Company announces Regarding the latest significant developments related to the Board of Directors' recommendation to increase the company's capital by granting shares

Element List	Explanation
Introduction	With reference to the announcement published on the Tadawul website on Ramadan 6, 1447 AH (February 23, 2026), regarding the Board of Directors' recommendation to increase the company's capital through a bonus share issue, the company wishes to inform its valued shareholders that it is currently working to complete the related procedures and requirements in accordance with applicable regulations and instructions. The company will announce the date of the relevant Extraordinary General Assembly meeting as soon as the necessary regulatory requirements are met.
Previous Announcement	Board of Directors' recommendation to increase the company's capital by granting shares
Date of Previous Announcement on Saudi Exchange’s Website	2026-02-23 Corresponding to 1447-09-06
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	The Arabian Pipes Company wishes to inform its valued shareholders that it is currently working to complete the related procedures and requirements in accordance with applicable regulations and instructions. The company will announce the date of the relevant Extraordinary General Assembly meeting as soon as the necessary regulatory requirements are met.
Reasons For The Delay on The Date of The Event Previously Announced	N/A
The costs associated with the event, and if they have changed or not with indication of the reasons.	N/A
Delay consequences on the Company’s financial results	N/A
Additional Information	N/A