Ash-sharqiyah Development Company Announces the Distribution of Compensation to Right Issues Owners who did not Use their Rights to Subscribe to New Shares

Element List	Explanation
Introduction	Ash-sharqiyah Development Company announces that they distribute the compensation amounts to the holders of priority rights who have not exercised their right to subscribe to the new shares
Compensation Distribution Date for Eligible Investors Who Did not Exercise Their Right to Subscribe and Those Eligible for Fractions	2023-06-12 Corresponding to 1444-11-23
Total Amount to be Distributed to Eligible Persons Who Did not Exercise Their Subscription Right and Those Eligible for Fractions	26494583
Method of Receiving the Compensation by Eligible Investors Who Did not Exercise Their Subscription Right and Those Eligible for Fractions	The Company will deposit the amounts in the bank accounts of eligible persons who did not exercise their right to subscribe to new shares . As for the eligible investors whose account information is not available or is incomplete they can contact the Inventors Relations Department by calling: +966 13 8099439 ETX 44

Or by email info@asharqiyah.com.sa Name and Contact Information of the Entity in Charge of Deposit Any questions or quires should be communicated to Inventors Relations Department by calling: +966 13 8099439 ETX 44

Or by email info@asharqiyah.com.sa Additional Information The management of Ash-Sharqiyah Development Company would like to clarify that there are amounts of compensation that it was unable to transfer to the beneficiaries as a result of the lack of sufficient information about the beneficiaries' account numbers, in addition to the presence of some errors in the data delivered to the company for the beneficiaries of compensation. Also There are a beneficiaries of compensation from share certificate holders for whom the company was unable to implement transfers.

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.