| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement by Tihama Advertising, Public Relations and Marketing Company published on Tadawul website on 29-10-2025, regarding filing a lawsuit at the Securities Disputes Resolution Committee against the Middle East Financial Investment Company (MEFIC Capital) in its capacity as manager of the Saudi Film Fund, and the company’s announcement on 31-05-2026 that the Securities Disputes Resolution Committee had issued a decision rejecting the company’s claims in the aforementioned lawsuit, and that the company would submit an appeal against the decision to the competent authority within the prescribed regulatory period. The company announces that the Securities Disputes Resolution Committee has issued a decision upholding the decision issued by the Primary Committee. |
| Previous Announcement | Tihama Advertising, Public Relations and Marketing Company announces the latest developments regarding the lawsuit filed against the Middle East Financial Investment Company (MEFIC Capital). |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-05-31 Corresponding to 1447-12-14 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The company announces that the Securities Disputes Resolution Committee has issued a decision upholding the decision issued by the Primary Committee. |
| Reasons For The Delay on The Date of The Event Previously Announced | Not Applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | Not Applicable |
| Delay consequences on the Company’s financial results | Not Applicable |
| Additional Information | Nothing |