Alujain Corp. Announces an update on Purchase shares from certain shareholder in subsidiary - National Petrochemical Industrial Company

Element List	Explanation
Introduction	Further to Alujain announcement dated 29-10-2023 regarding the purchase of shares from certain shareholders of its subsidiary - National Petrochemical Industrial Company (“NATPET”), The company would like to announce to shareholders that the deal has been completed to purchase shares from certain shareholders of NATPET, after completing the share swap process and transferring the cash consideration.

Element List

Explanation

Introduction

Further to Alujain announcement dated 29-10-2023 regarding the purchase of shares from certain shareholders of its subsidiary - National Petrochemical Industrial Company (“NATPET”), The company would like to announce to shareholders that the deal has been completed to purchase shares from certain shareholders of NATPET, after completing the share swap process and transferring the cash consideration.

Alujain ownership in NATPET increased from 88.59% to 97.55% Previous Announcement Purchase shares from certain shareholder in subsidiary - National Petrochemical Industrial Company Date of Previous Announcement on Tadawul's Website 2023-10-29 Corresponding to 1445-04-14 Percentage of fulfilled achievement 100% Event's Expected Completion Date N/A The costs associated with the event, and if they have changed or not with indication of the reasons. N/A Additional Information Note that the acquisition deals for the shares of National Petrochemical Industrial Company (NAPTET) were structured and executed by the financial advisor, M/s. Aljazira Financial Markets Company (Aljazira Capital)

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.