| Introduction | With reference to the announcement of Edarat Communication and Information Technology Co. (Edarat) published on Tadawul on 08-10-2025 corresponding to 16-04-1447H regarding its purchase of a 40% stake in National Excellence Data Centers Company, in which Al Moammar Information Systems Company (MIS) owns 60% (sixty percent), the Company announces the latest developments, namely the completion of the required regulatory procedures. Accordingly, the Company will commence its business operations. |
| Previous Announcement | Announcement by Edarat Communication and Information Technology Co. (EDARAT) regarding its purchase of a 40% stake in National Excellence Data Centers Company. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-10-08 Corresponding to 1447-04-16 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | Completion of the required regulatory procedures related to Edarat Communication and Information Technology Co. (EDARAT) purchase of a 40% stake in National Excellence Data Centers Company; accordingly, the Company will commence its business activities. |
| 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 | The procedures have been completed on 27-04-2026 corresponding to 10-11-1447. |