Element List	Explanation
Introduction	Naseej International Trading Company (“Naseej”) announces the Board of Directors’ recommendation to increase the Company’s share capital by SAR 163,459,510 through a rights issue (“Rights Offering”).
Date of Board Meeting	2025-10-23 Corresponding to 1447-05-01
Target Amount	163,459,510 SAR
Reasons for the increase	Settling financial obligations and supporting the Company’s future growth strategy
Eligibility date	Shareholders holding shares on the date of the Extraordinary General Assembly meeting in which capital increase through the issuance of right issues was resolved whose names so appear in the register of the Issuer’s Shareholders at the Depository Center at the end of the second trading day following the date of the General Assembly’s Meeting.
Approvals	The Board’s recommendation is subject to the approval of the relevant regulatory authorities and Naseej’s shareholders at the EGM
Appointment of Financial Advisor and Submission of the Capital Increase Application File to CMA	We will announce later the appointment of the financial advisor for the Rights Issue and the submission of the Capital Increase application file to the CMA.
Additional Information	The date of submitting the capital increase application file to the Capital Market Authority, along with any future developments in this regard, will be announced in due course