Theeb Rent a Car Co. Announces an update on Theeb Rent a Car Company ("the Company") announces the signing of a preliminary, non-binding memorandum of understanding with Riyadah Evaluation Company "Limited Liability Company" specializing in smart technology solutions for managing rental operations and vehicle fleets.

Element List	Explanation
Introduction	Referring to the announcement by Theeb Rent a Car Company ("the Company") dated 03/09/1447H, corresponding to 01/09/2025, regarding its signing of a preliminary, non-binding memorandum of understanding with Riyadah Evaluation Company "Limited Liability Company" specializing in smart technology solutions for managing rental operations and vehicle fleets.

Theeb Rent a Car Company announces its decision, dated 08/08/1447H (corresponding to 01/27/2026), to terminate the preliminary, non-binding memorandum of understanding without reaching an agreement between the two parties. The company confirms that this termination does not result in any financial obligations for the company, nor does it have any impact on the company’s financial position or business results. Previous Announcement Theeb Rent a Car Company ("the Company") announces the signing of a preliminary, non-binding memorandum of understanding with Riyadah Evaluation Company "Limited Liability Company" specializing in smart technology solutions for managing rental operations and vehicle fleets. Date of Previous Announcement on Saudi Exchange’s Website 2025-09-01 Corresponding to 1447-03-09 Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here Latest Developments Of The Announced Event Theeb Rent a Car Company announces its decision, dated 08/08/1447H (corresponding to 01/27/2026), to terminate the preliminary, non-binding memorandum of understanding without reaching an agreement between the two parties. The company confirms that this termination does not result in any financial obligations for the company, nor does it have any impact on the company's financial position or business results. Reasons For The Delay on The Date of The Event Previously Announced Not applicable The costs associated with the event, and if they have changed or not with indication of the reasons. Not applicable Delay consequences on the Company’s financial results Not applicable

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