| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcements made by Arabian Drilling on 28/09/2025 and 29/07/2025 regarding the Board of Directors’ recommendation to end the current board term, the company’s management would like to clarify to its valued shareholders that this recommendation was made in alignment with the company recently amended bylaws , which was made to comply with the new Companies Law, which stipulates that the term of the Board of Directors should not exceed four years |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2025-09-28 Corresponding to 1447-04-06 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | Not Applicable |
| Financial Impact on the change | Not Applicable |
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