Announcement from Nama Chemicals Company regarding the latest developments in the company's signing of a non-binding agreement to establish an investment fund with Hadaj Investment Company, a subsidiary of the Saudi Industrial Exports Company (Sadaat), and FAAD Partners Financial Company. This is for the purpose of acquiring a stake in Jana, one of Nama Chemicals' subsidiaries.

Element List	Explanation
Introduction	Referring to the company's announcement dated 02/02/2025 regarding its receipt and acceptance, on 03/08/1446 AH corresponding to 02/02/2025, of a non-binding offer from Faad Partners Financial Company, licensed by the Capital Market Authority under license number 32-23270, acting as the fund manager.

The total value of the offer is 200,000,000 Saudi Riyals (two hundred million Riyals) and aims to acquire 40% of the capital of Jubail Chemical Industries Company (Jana), one of Nama Chemicals' subsidiaries, through the issuance of new shares. Previous Announcement Announcement from Nama Chemicals Company regarding the latest developments in the company's receipt and acceptance of a non-binding offer from FAAD Partners Financial Company, licensed by the Capital Market Authority under license number 32-23270, acting as the fund manager. This is for the purpose of acquiring a stake in Jana, one of Nama Chemicals' subsidiaries. Date of Previous Announcement on Saudi Exchange’s Website 2025-02-02 Corresponding to 1446-08-03 Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here Latest Developments Of The Announced Event Nama Chemicals Company announces that on 22/12/1446 AH corresponding to 19/06/2025, it has signed a binding subscription agreement between Nama Chemicals, Jubail Chemical Industries Company (Jana) one of its subsidiaries and FAAD Partners Financial Company (FAAD Partners), licensed by the Capital Market Authority under license number 32-23270.

Under this agreement, FAAD Partners will inject 200,000,000 Saudi Riyals into Jana in exchange for acquiring a 40% stake in Jana's capital through the issuance of new shares to Fad Partners.

It is noteworthy that the General Assembly approved on 24/09/1446 AH corresponding to 24/03/2025 the acquisition offer submitted by FAAD Partners to acquire 40% of Jana for 200,000,000 Saudi Riyals (two hundred million Riyals), a non-binding offer, in accordance with the agreed terms and conditions.

Additionally, the assembly authorized the Board of Directors to complete the transaction procedures, negotiate the final terms, sign the necessary agreements and contracts, and take all legal, accounting, and regulatory actions required to complete the transaction in the best interest of the company and its shareholders. The costs associated with the event, and if they have changed or not with indication of the reasons. It is expected that the financial impact will be reflected in the second half of 2025. Additional Information The company will announce any developments in this regard as soon 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.