Addendum Announcement from Al Hassan Ghazi Ibrahim Shaker Co. in regards to the update on the Recommendation of its Board of Directors to reduce the Company's capital and subsequently increase it through Rights Issue

Element List	Explanation
Introduction	Further to the Announcement of Al Hassan Ghazi Ibrahim Shaker on Tadawul on 10-11-2021 regarding the update to the Recommendation of Its Board Of Directors Recommendation To Reduce The Company's Capital And A Subsequent Capital Increase Through Rights Issue, the company would like to clarify the following:

- Number of shares before the reduction: 63,000,000

- Number of shares after reduction: 48,233,400

- The percentage of company's capital decrease: 23.4%. Date of Posting the Previous Announcement of Development on Tadawul's Website 2021-11-10 Corresponding to 1443-04-05 URL of the Previous Announcement Click Here Change on the Development - Number of shares before the reduction: 63,000,000

- Number of shares after reduction: 48,233,400

- The percentage of company's capital decrease: 23.4%. Financial Impact on the change There is no financial impact

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