Emaar The Economic City Announces an update on Emaar, the Economic City invites its shareholders to attend the Extraordinary General Assembly Meeting, which includes increasing the Company’s Capital (First Meeting) via Modern Technology Means

Element List	Explanation
Introduction	With reference to the announcement made by Emaar The Economic City (the “Company”) published on the Saudi Exchange website on 10-06-1447H (corresponding to 01-12-2025G) regarding the Board of Directors’ invitation to the Company’s shareholders to attend the Extraordinary General Assembly (“EGM”) meeting that includes increasing the Company’s capital (the first meeting), scheduled, God willing, at 6:30 PM on Monday, 02-07-1447H (corresponding to 22-12/2025G) via modern technology using the Tadawulaty platform, which includes in its agenda voting on resolutions related to increasing the capital by converting the debt owed to the Public Investment Fund, amounting to four billion, one hundred eighteen million, two hundred twenty-one thousand, four hundred sixty-four Saudi Riyals and sixty-three halalas (SAR 4,118,221,464.63), into new shares in the Company (the “Debt Conversion”); the Company announces the publication of the shareholders’ circular related to the Capital Increase through Debt Conversion, prepared in accordance with Article (59) of the Rules on the Offer of Securities and Continuing Obligations (the “Circular”).

Element List

Explanation

Introduction

With reference to the announcement made by Emaar The Economic City (the “Company”) published on the Saudi Exchange website on 10-06-1447H (corresponding to 01-12-2025G) regarding the Board of Directors’ invitation to the Company’s shareholders to attend the Extraordinary General Assembly (“EGM”) meeting that includes increasing the Company’s capital (the first meeting), scheduled, God willing, at 6:30 PM on Monday, 02-07-1447H (corresponding to 22-12/2025G) via modern technology using the Tadawulaty platform, which includes in its agenda voting on resolutions related to increasing the capital by converting the debt owed to the Public Investment Fund, amounting to four billion, one hundred eighteen million, two hundred twenty-one thousand, four hundred sixty-four Saudi Riyals and sixty-three halalas (SAR 4,118,221,464.63), into new shares in the Company (the “Debt Conversion”); the Company announces the publication of the shareholders’ circular related to the Capital Increase through Debt Conversion, prepared in accordance with Article (59) of the Rules on the Offer of Securities and Continuing Obligations (the “Circular”).

The Circular – attached to this announcement – includes details of the capital increase through the Debt Conversion, its terms and conditions, procedures for completion, associated risks, and other relevant information that shareholders need to review before voting on the items related to the capital increase through the Debt Conversion.

The Board of Directors emphasizes the importance of shareholders carefully reading all information in the Circular before making their voting decision. If any shareholder is uncertain about what action to take in the EGM regarding the capital increase, they should seek independent financial advice from a licensed financial advisor authorized by the Capital Market Authority and rely on their own review of the Debt Conversion to ensure its suitability and the relevance of the information in the Circular to the investment objectives and financial situation related to the investor.

A copy of the Circular is attached to this announcement, and it may also be obtained through the following links: the Company’s website (https://www.kaec.net/investor-relations/) or the Capital Market Authority website (www.cma.org.sa).

The Company will announce any future material developments regarding this matter in due course. Previous Announcement Emaar, the Economic City invites its shareholders to attend the Extraordinary General Assembly Meeting, which includes increasing the Company’s Capital (First Meeting) via Modern Technology Means Date of Previous Announcement on Saudi Exchange’s Website 2025-12-01 Corresponding to 1447-06-10 Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here Latest Developments Of The Announced Event Publication of the Circular regarding the capital increase by way of debt conversion. The costs associated with the event, and if they have changed or not with indication of the reasons. Not Applicable. Attached Documents

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.