City Cement Co. Announces an update on (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).

Element List	Explanation
Introduction	With reference to the announcement made by City Cement Company (the “Company”) on 24/04/1446H (corresponding to 27/10/2024G) regarding the signing of the implementation agreement for the acquisition transaction with Umm Al- Qura Cement Company on 21/04/1446H (corresponding to 24/10/2024G) (hereinafter referred to as the “Implementation Agreement”), under which the Company agreed to submit an offer to the shareholders of Umm Al- Qura Cement Company (“QACC”) to acquire all shares of QACC in exchange for issuing new shares in the Company, in accordance with Article (26) of the Merger and Acquisition Regulations (the “Transaction”).

Element List

Explanation

Introduction

With reference to the announcement made by City Cement Company (the “Company”) on 24/04/1446H (corresponding to 27/10/2024G) regarding the signing of the implementation agreement for the acquisition transaction with Umm Al- Qura Cement Company on 21/04/1446H (corresponding to 24/10/2024G) (hereinafter referred to as the “Implementation Agreement”), under which the Company agreed to submit an offer to the shareholders of Umm Al- Qura Cement Company (“QACC”) to acquire all shares of QACC in exchange for issuing new shares in the Company, in accordance with Article (26) of the Merger and Acquisition Regulations (the “Transaction”).

The Implementation Agreement included a number of conditions necessary to complete the Transaction, including obtaining the approval of the Capital Market Authority (the “CMA”) to publish the shareholders circular and the offer document related to the Transaction before the end of one year from the date of signing the Implementation Agreement.

The Company announces that the period specified for fulfilling the conditions of the Implementation Agreement ended on 02/05/1447H (corresponding to 24/10/2025G) without fulfilling the conditions and completing the procedures stipulated in the Implementation Agreement, which are considered essential and necessary to complete the Transaction, and without reaching an agreement to extend the duration of the Implementation Agreement.

The company would like to clarify that it is studying all strategic options that could enhance the interests of its shareholders, including the right to resubmit an offer to acquire the shares of Al-Qura Cement Company, should appropriate circumstances arise and in accordance with what serves the interests of the company and its shareholders.

This does not constitute any obligation or commitment to enter into a new agreement at the present time.

The company will announce any material developments in this regard in due course, in accordance with the relevant laws and regulations. Previous Announcement 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 Date of Previous Announcement on Saudi Exchange’s Website 2025-07-29 Corresponding to 1447-02-04 Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here Latest Developments Of The Announced Event Expiration of the period for fulfilling or being exempted from the conditions for completing the Implementation Agreement on 02/05/1447H (corresponding to 24/10/2025G). 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.