Element List	Explanation
Introduction	Naseej for Technology Company announces that the Board of Directors in its meeting held on 04/11/2025G corresponding to 13/05/1447H has recommended to the Extraordinary General Assembly the following : 1- Recommendation to increase the Company's share capital by 54.5% , from SAR 50,000,000 to SAR 77,250,000 , by capitalizing SAR 27,250,000 from retained earnings , through the issuance of 2,725,000 new ordinary shares Out of these 2,500,000 bonus shares will be granted to the Company's shareholders registered in the shareholders register ( representing 50% of the company's capital before the increase at a rate of 1 bonus share for every 2 shares hold) 2- Recommendation to allocate part of the new shares resulting from the capital increase as treasury shares for the Employee stock Program under the long Term incentive Plan by allocating 225,000 shares from the newly issued shares to the employee stock program ( representing 4.5% of the company's capital before the increase)
Date of Board Meeting	2025-11-04 Corresponding to 1447-05-13
Capital before increase	50000000
Capital after increase	77250000
Percentage of Capital increase	54.50 %
Number of shares before Capital increase	5000000
Number of shares after Capital increase	7725000
Reasons for the increase	the company aims by this increase to support growth of its strategy strengthen the capital base and strengthen its financial position to implement its future plans and activities thereby enabling the company to expand and maximize shareholder returns
Number of Shares Granted per Exiting Share	1- One (1) share will be granted for every two (2) shares held 2- allocate (225,000) shares as part of the new shares resulting from the capital increase to be held as treasury shares for the employee stock program under the Long Term incentive plan
Nature and Value of Reserves Used in the Capitalization	the capital increase will be funds by capitalizing SAR (27,250,000) Twenty seven millions and two hundred fifty thousands SAR from retained earnings
Eligibility Date	Eligible Shareholders are Those Holding Shares in the Eligibility Date as per the Shareholders Registry at the Deposit Center at The End of The Second Working Day after Eligibility Date
Fractional Shares	in the event of fractional shares they will be collected into a single portfolio for all shareholders and sold at the market price the proceeds will then be distributed to the shareholders entitled to the bonus shares within a period not exceeding 30 days from the date of determining the shares due to each shareholders
Approvals	the increase in capital and the number of shares granted are subject to the approval of the competent official authorities as well as the company extraordinary general assembly