Additional announcement from Thimar Development Holding Company regarding the contract to acquire a percentage of the ownership shares of Yamama Plus Serviced Apartments Company

Element List	Explanation
Introduction	Further to the company's announcement on the Tadawul website dated 04-24-2025 AD, regarding the company's acquisition of a 26% stake in Yamama Plus Serviced Apartments Company for (9) million riyals, to be covered by:

1- In-kind consideration, which is the transfer of the company's investment in the Osool and Bakheet Al-Arba'a Fund for the development of Yamama City Center, valued at (7,608,000) riyals.

2- A cash consideration of SAR 1,392,000 will be paid after the selling capital is increased. The company has decided to amend the subscription percentage and the consideration will be in kind only as a contribution, with the percentage of the portion to be 22% of the shares of Yamama Plus Serviced Apartments Company instead of 26%. Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website 2025-04-24 Corresponding to 1446-10-26 Hyperlink to the Previous Announcement Click Here Change on the Development The percentage of shares in Yamama Plus Serviced Apartments Company will be 22% instead of 26%. Financial Impact on the change None Additional Information None

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