Zahrat Al Waha for Trading Co. announces the board’s recommendation to split the nominal value of the share.

Zahrat Al Waha for Trading Co. announces the recommendation of the Board of Directors to the Extraordinary General Assembly of the company in its meeting held on August 19, 2025, corresponding to Safar 25, 1447, to split the nominal value of the share from ten (10) ten riyals per share to (1) one riyal per share. Thus, the number of the company’s shares will become (225,000,000) shares instead of (22,500,000) shares, with the company’s commitment to complete the necessary related procedures and receive the approval of the Extraordinary General Assembly.

The company will announce related developments in the future.