1831 · 02/03/2022 08:06:07 · Announcement #66921 · View on Saudi Exchange

Maharah Human Resources Co. Announces an update on signing a Memorandum of Understanding with Salis For Trading and Marketing Company (soror.app)

Element ListExplanation
Introduction Reference to Maharah’s announcement on Tadawul website on 25-04-1443 H corresponding 30-11-2021 AD, regarding signing a Memorandum of Understanding with Salis For Trading and Marketing Company (soror.app)

Maharah would like to announce the extensions of the memorandum of Understanding for a same period as the memorandum of understanding expires at the end of March 1, 2022 and both parties need more time to work on the Due Diligence Previous Announcement signing a Memorandum of Understanding with Salis For Trading and Marketing Company (soror.app) Date of Previous Announcement on Tadawul's Website 2021-11-30 Corresponding to 1443-04-25 Percentage of fulfilled achievement 75% of the Due Diligence Event's Expected Completion Date 02-11-1443H corresponding to 01- 06-2022 AD Reasons for Exceeding the Announced End Date The need by both parties to work on the Due Diligence The costs associated with the event, and if they have changed or not with indication of the reasons. None Impact of the Delay on the Company's Financial Results Not Applicable Additional Information Maharah would like to announce the extensions of the memorandum of Understanding for a same period as the memorandum of understanding expires at the end of March 1, 2022 and both parties need more time to work on the Due Diligence

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