Saudi Cable Company Announces the Latest Developments of the Company's Previous Announcement Including the rejecting the Company's request to terminate the financial restructuring procedure

Element List	Explanation
Introduction	With reference to the announcement of the Saudi Cable Company on the Tadawul website dated 20/06/1447 AH corresponding to 11/12/2025 AD regarding the issuance of the court's decision to reject the company's request to terminate the financial restructuring procedure, The Saudi Cable Company would like to announce to its valued shareholders that the company has submitted a new request to terminate the financial restructuring procedure with the Fourth Circuit in Jeddah on December 23, 2025, which was accepted and registered on December 23, 2025, and the date of the judicial hearing was set to be held today, Thursday, December 25, 2025, and the session was attended by the Fourth Circuit of the Commercial Court in Jeddah, and the Circuit ruled as follows: "Acceptance of the Company's request to terminate the financial restructuring procedure", and based on the issued judgment, the procedure will be terminated and the company will exit the financial restructuring, noting that the judgment is verbal and the judgment instrument will be received at a later date. The Company will also contact its 790 creditors whose claims have been proven to review the procedures and mechanism for the payment of their claims.

Element List

Explanation

Introduction

With reference to the announcement of the Saudi Cable Company on the Tadawul website dated 20/06/1447 AH corresponding to 11/12/2025 AD regarding the issuance of the court's decision to reject the company's request to terminate the financial restructuring procedure, The Saudi Cable Company would like to announce to its valued shareholders that the company has submitted a new request to terminate the financial restructuring procedure with the Fourth Circuit in Jeddah on December 23, 2025, which was accepted and registered on December 23, 2025, and the date of the judicial hearing was set to be held today, Thursday, December 25, 2025, and the session was attended by the Fourth Circuit of the Commercial Court in Jeddah, and the Circuit ruled as follows: "Acceptance of the Company's request to terminate the financial restructuring procedure", and based on the issued judgment, the procedure will be terminated and the company will exit the financial restructuring, noting that the judgment is verbal and the judgment instrument will be received at a later date. The Company will also contact its 790 creditors whose claims have been proven to review the procedures and mechanism for the payment of their claims.

The Company would like to clarify that based on the Bankruptcy Law, any interested party may file an objection before the Court within fourteen days from the date of issuance of the decision.

Any subsequent substantive developments will be announced in due course. Previous Announcement The company's previous announcement including the issuance of the Board of Directors' decision to apply for the termination of the financial restructuring procedure Date of Previous Announcement on Saudi Exchange’s Website 2025-12-11 Corresponding to 1447-06-20 Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here Latest Developments Of The Announced Event Saudi Cable Company would like to announce to its valued shareholders that the company has submitted a new request to terminate the financial restructuring procedure with the Fourth Circuit in Jeddah on December 23, 2025, which was accepted and registered on December 23, 2025, and the date of the judicial hearing was set to be held today, Thursday, December 25, 2025, and the session was attended by the Fourth Circuit of the Commercial Court in Jeddah, and the Circuit ruled as follows: "Acceptance of the Company's request to terminate the financial restructuring procedure", and based on the issued judgment, the procedure will be terminated and the company will exit the financial restructuring, noting that the judgment is verbal and the judgment instrument will be received at a later date. The Company will also contact its 790 creditors whose claims have been proven to review the procedures and mechanism for the payment of their claims.

The Company would like to clarify that based on the Bankruptcy Law, any interested party may file an objection before the Court within fourteen days from the date of issuance of the decision.

Any subsequent substantive developments will be announced in due course. The costs associated with the event, and if they have changed or not with indication of the reasons. There are no costs associated with the event now, the financial impact will be disclosed later if it exists.

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.