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Element List	Explanation
Introduction	With reference to the announcement made by Etihad Etisalat Company (Mobily) published on the Saudi Exchange website (Tadawul) on 08 September 2024, regarding the signing of a hosting agreement with Red Bull Mobile (Future Networks Communications Company). Mobily announces that it has received a letter dated 25 December 2025, from Red Bull Mobile (Future Networks Communications Company) stating its decision not to proceed with the implementation of the MVNO hosting services on Mobily’s network.
Previous Announcement	Etihad Etisalat Co. (Mobily) announces the signing of a hosting agreement with Red Bull Mobile (Future Networks Communications Company)
Date of Previous Announcement on Saudi Exchange’s Website	2024-09-08 Corresponding to 1446-03-05
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Received a letter dated 25 December 2025, from Red Bull Mobile (Future Networks Communications Company) stating its decision not to proceed with the implementation of the MVNO hosting services on Mobily’s network.
The costs associated with the event, and if they have changed or not with indication of the reasons.	There is no material financial impact on the Company’s results.
Additional Information	The suspension of this project will not impact the Company’s strategic and operational targets, as Mobily continues to implement its sustainable growth strategy and strengthen its market share in the telecommunications and information technology sector, which is expected to support the continuation of its financial results in the current and the coming years. The Company reserves the right to take all necessary regulatory and legal actions in this regard. Any material developments will be disclosed in accordance with the relevant laws and regulations.

Etihad Etisalat Co. (Mobily) announces an update regarding the hosting agreement with Red Bull Mobile (Future Networks Communications Company)