Addendum Announcement from Saudi Cable Company regarding rejecting the request to open the company’s financial restructuring procedure

Addendum Announcement from Saudi Cable Company regarding rejecting the request to open the company’s financial restructuring procedure

|Element List||Explanation|

|Introduction||Further to the company’s announcement published on the Tadawul website on 24-08-1444H corresponding to 16-03-2023, regarding rejecting the request to open the company’s financial restructuring procedure.|

|Date of Posting the Previous Announcement of Development on Tadawul's Website||2023-03-16 Corresponding to 1444-08-24|

|Hyperlink to the Previous Announcement||Click Here|

|Change on the Development||The company would like to draw the attention of shareholders that out of its concern for the continuity of its business, and in order to preserve the rights of its shareholders, creditors and employees, the appeal to the judgment issued in the case of the opening of the financial restructuring procedure was filed and was registered at appellate court today, Tuesday 06/09/1444 H corresponding to 28/03/2023 AD, in accordance with the rules prescribed by law.|

|Financial Impact on the change||N/A|