Element List	Explanation
Introduction	Saudi Pharmaceutical Industries & Medical Appliances Corporation (SPIMACO ADDWAIEH) announces the Board of Director’s recommendation to the Extraordinary General Assembly to purchase a number of the company's shares with a maximum of 889,604 shares to allocate them under the long Incentive Scheme for the eligible employees.
Board of director’s recommendation date	2026-05-03 Corresponding to 1447-11-16
Purpose of Purchase	To retain them as Treasury Shares under the long Incentive Scheme for the eligible employees.
Purpose of Purchase (If the Purpose to Keep the Shares as Treasury Shares)	To retain them as Treasury Shares under the long Incentive Scheme for the eligible employees.
Number of Shares to be Bought	889604
Shares Class and type	Ordinary shares.
Method of Financing the Purchasing Process	Company’s internal resources.
Current Percentage of the Treasury Shares at the Company out of the Total Class of Shares Purchased	0.54%
Approvals and Meeting the Conditions of Financial Appropriateness	The Extraordinary General Assembly’s consent must be obtained for the Purchase. In addition, the Company will also satisfy the conditions of solvency requirements as per Section (3) of Article (17) of the Implementing Regulation of the Companies Law for Listed Joint Stock Companies, that will be issued by the Company’s external auditors.
Voting Right	The Shares that Company buys-back shall not have voting rights in the shareholders Assemblies.
Additional Information	The shares that will be bought -back after obtaining EGM approval represent 0.74% of the total shares of SPIMACO ADDWAEIH.