Saudi Printing and Packaging Co. Announces the Submission of the Decrease of the Company’s Capital Application File to CMA

Element List	Explanation
Introduction	With reference to the Company’s announcement on the Tadawul website dated 15/12/1447H (corresponding to 01/06/2026G) regarding the Board of Directors’ recommendation to reduce the Company’s capital, and the subsequent announcement published on the Tadawul website dated 14/01/1448H (corresponding to 29/06/2026G) regarding the corrective announcement related to the Board of Directors’ recommendation to reduce the Company’s capital. Saudi Printing and Packaging Company would like to inform its valued shareholders that it has submitted the capital reduction approval application file to the Capital Market Authority on Thursday, 09/02/1448H (corresponding to 23/07/2026G).
Date of Submitting the Application File to CMA	2026-07-23 Corresponding to 1448-02-09
Application Subject	Reduction of the Company's capital from six hundred fifty-two million seventy thousand six hundred forty Saudi Riyals (SAR 652,070,640) to sixty-eight million nine hundred seventy-four thousand three hundred forty Saudi Riyals (SAR 68,974,340), through the cancellation of fifty-eight million three hundred nine thousand six hundred thirty (58,309,630) ordinary shares of the Company, representing a total value of five hundred eighty-three million ninety-six thousand three hundred Saudi Riyals (SAR 583,096,300), for the purpose of restructuring the Company's capital to offset the accumulated losses.
Date of Announcing Board Recommendation to Decrease the Company’s Capital on Saudi Exchange’s Website	2026-06-01 Corresponding to 1447-12-15
Additional Information	The capital decrease is subject to the applicable regulatory approvals, including the approval of the Company’s extraordinary general assembly. The company will announce any future development regarding this matter as they become available.