City Cement Co. Announces an update on its firm intention to make an offer to acquire all shares of Umm Al Qura Cement Company through a securities exchange offer

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Introduction	With reference to the announcement published by City Cement Company (the “Company” or “City Cement”) on the Saudi Exchange (Tadawul) on 26/08/1446H (corresponding to 25/02/2025G), titled the “Firm Intention Announcement,” the Company wishes to inform its shareholders that it has received a notification from the Capital Market Authority (CMA) dated 03/02/1447H (corresponding to 28/07/2025G).

Element List

Explanation

Introduction

With reference to the announcement published by City Cement Company (the “Company” or “City Cement”) on the Saudi Exchange (Tadawul) on 26/08/1446H (corresponding to 25/02/2025G), titled the “Firm Intention Announcement,” the Company wishes to inform its shareholders that it has received a notification from the Capital Market Authority (CMA) dated 03/02/1447H (corresponding to 28/07/2025G).

The notification states that the CMA Board has issued a resolution on the same date declining to approve the publication of the offer document submitted by City Cement Company to the shareholders of Umm Al-Qura Cement Company. This decision was based on a breach of the Capital Market Law and its implementing regulations, specifically related to governance requirements, which necessitate the completion of certain regulatory prerequisites.

City Cement Company affirms its commitment to full regulatory compliance and will evaluate the possibility of resubmitting the offer following the fulfillment of all necessary regulatory requirements.

The Company will keep its shareholders and stakeholders informed of any material developments in this regard. Previous Announcement City Cement Company announces its firm intention to make an offer to acquire all shares of Umm Al Qura Cement Company through a securities exchange offer Date of Previous Announcement on Saudi Exchange’s Website 2025-02-25 Corresponding to 1446-08-26 Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here Latest Developments Of The Announced Event Declining to approve the publication of the offer document submitted by City Cement Company to the shareholders of Umm Al-Qura Cement Company. This decision was based on a breach of the Capital Market Law and its implementing regulations, specifically related to governance requirements, which necessitate the completion of certain regulatory prerequisites.

The Company will keep its shareholders and stakeholders informed of any material developments in this regard. The costs associated with the event, and if they have changed or not with indication of the reasons. Not Applicable Additional Information For any questions or quires kindly contact the Shareholder Relationships :

Tel: 0115284107

E-mail: Investors@citycement.sa

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.