Saudi Cable Co. Announces the Submission of the Decrease of the Company’s Capital Application File to CMA

Element List	Explanation
Introduction	With reference to the announcement of the Saudi Cable Company on Tadawul website on 03/11/1443 AH corresponding to 02/06/2022 AD regarding the Board of Directors’ recommendation to reduce the company’s capital and then increase the company’s capital by offering rights-issues.

Saudi Cable Company announces that it submitted a file to reduce the company's capital to the Capital Market Authority on 28/11/1443 AH corresponding to 27/06/2022 AD. Date of Submitting the Application File to CMA 2022-06-27 Corresponding to 1443-11-28 Application Subject Reducing the capital by (195,582,000) Saudi riyals Date of Announcing Board Recommendation to Decrease the Company's Capital on Tadawul's Website 2022-06-02 Corresponding to 1443-11-03 Additional Information The Company will announce any future developments in this matter as they become available.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.