Etihad Atheeb Telecommunication Co. (GO) Announces the Decrease of its Accumulated Losses to 0% of the Capital

Element List	Explanation
Introduction	Referring to the company's announcement on the Tadawul website on February 10, 2021 about its Interim Financial Results for the Period Ending on 31-12-2020 (Nine Months), Etihad Atheeb Telecommunication Co. (GO) announces the decrease of its accumulated losses to 0% of the capital.
Date of accumulated losses decrease	2020-12-31 Corresponding to 1442-05-16
Amount of the Accumulated Losses	Zero
Measures Taken by the Company to Decrease Accumulated Losses	The main reason due to generating other income as a result of the settlement with the major vendor and generating financing income from discounting of the long term trade payables. In addition to the decrease in the operating expenses and cost of services.
Auditor's Report showing the Financial Position of the Company after the Decrease of the Accumulated Losses

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.