Thimar Development Holding Company announces the developments in the company's capital increase file by offering priority rights shares to the Capital Market Authority

Element List	Explanation
Introduction	With reference to the announcement of thimar Development Holding Company (the"Company") dated 27-08-2024 on the Tadawul Saudi website, which includes the company's submission of a file to the Capital Market Authority requesting approval to increase the company's capital by offering initial rights shares.

The company announces to its valued shareholders the issuance of the decision of the Capital Market Authority on 07-09-2025 to approve the company's request to increase its capital by offering, registering and listing priority rights shares with a total offering value of Sar 195,000,000, noting that this approval is conditional on obtaining the approval of the Extraordinary General Assembly to increase the company's capital Date of Announcing the Application on Saudi Exchange’s Website 2024-08-27 Corresponding to 1446-02-23 Date of Submitting the File 2024-08-26 Corresponding to 1446-02-22 Application Status at CMA On 07-09-2025, the Capital Market Authority issued its decision approving the company's request to increase its capital by offering, registering and listing priority rights shares with a total offering value of Sar 195,000,000, provided that the eligibility of shareholders owning shares shall be by the end of trading on the day of the General Assembly, which approved the capital increase by offering priority rights shares and those registered in the company's shareholders register with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the due date

The date of the General Assembly meeting will be announced later Other Substantial Updates The Capital Market Authority has issued its approval to the request to increase the company's capital by offering initial rights shares, and the company will publish the prospectus for the issuance of priority rights shares and call for the Extraordinary General Assembly meeting for the capital increase to be held in a timely manner

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.