| Element List | Explanation |
|---|---|
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2026-03-31 Corresponding to 1447-10-12 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | The Company's external auditor has identified a material uncertainty regarding going concern. The Company also wishes to highlight that its accumulated losses have exceeded 35% but are less than 50% of its share capital. Therefore, it clarifies the following: 1. Date the losses that were incurred: March 31, 2026 2. The amount of the accumulated losses: 4,859,392 SAR 3. Percentage of accumulated losses as a percentage of share capital: 48.6% 4. Instructions and Procedures Related to Listed Companies with Accumulated Losses amounting to %20 or More of their Share Capital will be applied. |
| Financial Impact on the change | Not applicable. |
