Element List	Explanation
Introduction	Saudi AZM for Communication and Information Technology Co. announces the issuance of its board of directors’ decision to recommend to the Extraordinary General Assembly the approval to buy-back its shares and retain them as treasury shares with a maximum limit of (3,600,000) shares.
Board of director’s recommendation date	2026-07-30 Corresponding to 1448-02-16
Purpose of Purchase	Retained as treasury shares
Purpose of Purchase (If the Purpose to Keep the Shares as Treasury Shares)	They will be retained as treasury shares and allocated to the Company's employees within the employee share program.
Number of Shares to be Bought	3600000
Shares Class and type	Ordinary shares
Method of Financing the Purchasing Process	The purchase of these shares will be funded through the Company internal resources.
Current Percentage of the Treasury Shares at the Company out of the Total Class of Shares Purchased	%2.92
Approvals and Meeting the Conditions of Financial Appropriateness	Extraordinary General Assembly approval must be obtained for the shares buy-back transaction, also financial solvency requirements contained in Implementing Regulations issued pursuant to the Companies Law shall be fulfilled
Voting Right	Purchased shares shall not have voting rights in the General Assembly’s meetings