Etihad Etisalat Co. (Mobily) announces an update regarding the hosting agreement with Red Bull Mobile (Future Networks Communications Company)

Element List	Explanation
Introduction	With reference to the announcement made by Etihad Etisalat Company (Mobily) published on the Saudi Exchange website (Tadawul) on 08 September 2024, regarding the signing of a hosting agreement with Red Bull Mobile (Future Networks Communications Company).

Mobily announces that it has received a letter dated 25 December 2025, from Red Bull Mobile (Future Networks Communications Company) stating its decision not to proceed with the implementation of the MVNO hosting services on Mobily’s network. Previous Announcement Etihad Etisalat Co. (Mobily) announces the signing of a hosting agreement with Red Bull Mobile (Future Networks Communications Company) Date of Previous Announcement on Saudi Exchange’s Website 2024-09-08 Corresponding to 1446-03-05 Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here Latest Developments Of The Announced Event Received a letter dated 25 December 2025, from Red Bull Mobile (Future Networks Communications Company) stating its decision not to proceed with the implementation of the MVNO hosting services on Mobily’s network. The costs associated with the event, and if they have changed or not with indication of the reasons. There is no material financial impact on the Company’s results. Additional Information The suspension of this project will not impact the Company’s strategic and operational targets, as Mobily continues to implement its sustainable growth strategy and strengthen its market share in the telecommunications and information technology sector, which is expected to support the continuation of its financial results in the current and the coming years.

The Company reserves the right to take all necessary regulatory and legal actions in this regard. Any material developments will be disclosed in accordance with the relevant laws and regulations.

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.