Thimar Development Holding Co. Announces the Submission of the Increase of the Company’s Capital by Offering Right Issues Application File to CMA

Element List	Explanation
Introduction	With reference to Thimar Development Holding company announcement on 04/08/1440H Corresponding to 09/04/2019G regarding

the board of directors’ recommendation to a capital increase through rights issue and modifications dated on announcement.

Thimar Development Holding company wishes to inform its shareholders that it has submitted the application file to increase the capital via rights issue offering amounting 150,000,000 Saudi Riyals to the CMA in 19/12/1444 H Corresponding to 07/07/2023 G Date of Submitting the Application File to CMA 2023-07-07 Corresponding to 1444-12-19 Application Subject Increasing the Company's capital by offering rights issues shares amounting 150,000,000 Saudi Riyals. Date of Announcing Board Recommendation to Increase the Company's Capital on Tadawul's Website 2019-04-09 Corresponding to 1440-08-04 Additional Information Any developments in this regard will be announced later

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.