The Board of Directors declares that:

• The Company has satisfied the corporate governance requirements in accordance with the rules for the transition to the main market of the Saudi Exchange.
• The Company has satisfied all requirements for the transition to the main market of the Saudi Exchange as set out in the Listing Rules and issued by Tadawul.
• The books of account have been maintained properly.
• The system of internal control is sound in design and has been effectively implemented.
• The Company’s consolidated financial statements were prepared during the fiscal year 2023 in accordance with the standards approved by the Saudi Organization for Certified Public Accountants (SOCPA).
• There are no qualifications or reservations in the Auditor’s Report on the annual financial statements during the fiscal year 2023. There is no recommendation from the Board of Directors to change the Auditor before the end of the period for which they were appointed, during the fiscal year 2023.
• There are no significant doubts concerning the Company’s ability to continue as a going concern.
• There were no loans or indebtedness, or any amounts paid by the Company in repayment of loans to the Company or its subsidiaries, during the fiscal year 2023.
• No convertible debt instruments, contractual securities, memoranda of subscription rights or rights were issued or granted by the Company during the fiscal year 2023.
• No transfer or subscription rights were issued or granted under convertible debt instruments or cash securities, or subscription right memoranda, or similar rights by the Company, during the fiscal year 2023.
• There was no redemption, purchase or cancellation by the Company of any redeemable debt instruments, during the fiscal year 2023.
• There is no deviation from the accounting standards approved and applied in the Kingdom of Saudi Arabia, during the fiscal year 2023.
• We have not received any request from shareholders who own 5% or more of the Company’s capital to invite the General Assembly to convene during the year 2023.
• There are no procedures that may obstruct the shareholders’ voting rights in 2023.
• There were no important events affecting the safety of the Company’s financial position after the end of the fiscal year 2023 that required disclosure, other than the available and announced information.
• The accounting records have been prepared and updated properly
• All information published by the Company, whether directly or indirectly, is accurate and true statements about material facts or a statement of opinion, and is not intended to influence the share price.