Al Mohafaza Company for Education Announces Rescheduling Interest-free loan offered by Maroum Drilling Medical Services Company (Related Party)

Element List	Explanation
Introduction	With reference to the announcement by Al-Muhafaza Education Company on the Tadawul website dated 24/02/2026 AD corresponding to 07/09/1447 AH regarding obtaining an interest-free loan of (3,000,000) three million Saudi Riyals from Maroum Al-Hafar Medical Services Company (a related party) and including the loan repayment mechanism, and with reference to the repayment mechanism explained in the aforementioned announcement that the entire amount of the loan be paid in one installment within (4) four months from the date of obtaining the loan, Al-Muhafaza Education Company would like to announce to its esteemed shareholders the rescheduling of the interest-free loan.
Date of singing the rescheduling of finance	2026-06-16 Corresponding to 1448-01-01
Financing entity	Maroum Drilling Medical Services Company (Related Party)
Reasons for rescheduling	The company would like to clarify to its shareholders that the reason for the rescheduling is the due date for the full payment of the amount on 23/06/2026 AD from the date of obtaining the interest-free loan on 24/02/2026 AD, and that the goal of the rescheduling is to reduce the obligations and improve the capital, which will have a positive impact on the company’s operational activities.
The Financing amount and rescheduled part	The loan amount is 3,000,000 Saudi Riyals (three million Saudi Riyals), and it is an interest-free loan. The entire amount has been rescheduled.
Financing Duration, before and after Rescheduling	The repayment mechanism (before the amendment) is as follows: The full loan amount must be repaid in one installment within four months of the loan disbursement date of February 24, 2026. The repayment mechanism (after rescheduling) is as follows: The full loan amount must be repaid in one installment within nine months of the rescheduling date, by March 22, 2027.
Guarantees offered for the rescheduled Financing	A promissory note for the full amount of the loan principal was provided, and the note is valid after rescheduling.
Related Parties	Mr. Abdullah Saleh Ibrahim Al-Muhaimid, Chairman of the Board Mr. Salah Saleh Ibrahim Al-Muhaimid, Vice Chairman of the Board and Managing Director Mr. Mohammed Saleh Ibrahim Al-Muhaimid, Board Member All of whom have an indirect interest
Additional Information	The company confirms that the loan was within the normal course of business and that the lender was not granted any preferential treatment.