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Announcement Detail	Basma Adeem Medical Company (Smile Care) announces to its valued shareholders the issuance of a Ministry of Health license to open a dermatology department at its branch located in the Al-Malqa neighborhood on Prince Mohammed bin Saad bin Abdulaziz Road in Riyadh. In this context, the company clarifies that it is scheduled, God willing, to begin operating and receiving patients starting Monday, Rabi' al-Thani 28, 1447 AH (corresponding to October 20, 2025 AD), under the name (Derm Care). The opening comes in accordance with the expansion plan developed by the Board of Directors to enhance the company's presence in the market, expand its customer base, and increase market share in the medical sector. This is in line with the company's strategy for growth and achieving sustainable returns for shareholders. The company expects the financial impact of this expansion to become apparent starting in the fourth quarter of fiscal year 2025, affirming its commitment to disclose any relevant material developments as soon as they become available.

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Explanation

Announcement Detail

Basma Adeem Medical Company (Smile Care) announces to its valued shareholders the issuance of a Ministry of Health license to open a dermatology department at its branch located in the Al-Malqa neighborhood on Prince Mohammed bin Saad bin Abdulaziz Road in Riyadh.

In this context, the company clarifies that it is scheduled, God willing, to begin operating and receiving patients starting Monday, Rabi' al-Thani 28, 1447 AH (corresponding to October 20, 2025 AD), under the name (Derm Care).

The opening comes in accordance with the expansion plan developed by the Board of Directors to enhance the company's presence in the market, expand its customer base, and increase market share in the medical sector. This is in line with the company's strategy for growth and achieving sustainable returns for shareholders.

The company expects the financial impact of this expansion to become apparent starting in the fourth quarter of fiscal year 2025, affirming its commitment to disclose any relevant material developments as soon as they become available.

Basma Adeem Medical Company (Smile Care) announces the issuance of a Ministry of Health license for the Dermatology Department at its second branch in Riyadh, in Al-Malqa neighborhood.