First: The details of shareholding structure changes of the Company:

Al-Futtaim has become a substantial shareholder in the Company, owning a stake representing (49.95%) of the entire share capital of the Company. The Company further confirms that the remaining shares, amounting to (50.05%) of the entire share capital, are not part of the Private Transaction.

Second: The main rights and obligations applicable to Al-Futtaim, in light of the relevant laws and regulations and the Company's bylaws:

The rights and obligations of shareholders as per the applicable rules and regulations and the Company’s bylaws shall equally apply to Al-Futtaim without any preferential treatment being granted thereto. In addition, and in compliance with the provisions of Article 24(a) of the Merger and Acquisitions Regulations, Al-Futtaim will be subject to a statutory restriction that prevents it from disposing of its shares during the six-month period following the completion of the Private Transaction, unless prior approval is obtained from the Capital Market Authority and in accordance with any conditions it specifies.

Third: The Board of Directors’ opinion on Al-Futtaim’s plans towards the Company’s activities, shareholders and employees:

The Board of Directors welcomes the entry of Al-Futtaim as a strategic investor, recognizing this milestone as a significant step that will enhance the Company’s financial strength and market position. The Board of Directors express their full confidence in Al-Futtaim’s plans, which are well-aligned with the Company’s strategy, long-term vision and growth objectives, and are expected to enhance its operational processes, accelerate digital transformation, expand its distribution network and advance innovative initiatives. The Board of Directors also anticipates additional benefits for the Company's employees, as outlined in the announcement referenced above, particularly the creation of new career and professional development opportunities enabled by Al-Futtaim’s extensive expertise in managing global retail chains. Collectively, these initiatives are expected to strengthen the Company’s capabilities and generate lasting value for its shareholders.

Fourth: Any financial impact on the Company as a result of the Private Transaction:

The Private Transaction is expected to have a positive financial impact on the Company, as the entry of Al-Futtaim as a shareholder, along with the provision of the shareholder loan facility amounting to SAR 1,350,000,000 granted under the shareholder loan facility agreement concluded between the Company and Al-Futtaim on 22/03/1447]H (corresponding to 14/09/2025G), will contribute to strengthening the Company's balance sheet and support its next phase of growth.