Correction announcement from National Shipping Company of Saudi Arabia in regards to Interim Financial Results for the Period Ending on 2022-12-31 ( Twelve Months )

Correction announcement from National Shipping Company of Saudi Arabia in regards to Interim Financial Results for the Period Ending on 2022-12-31 ( Twelve Months )

|Element List||Explanation|

|Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website||2023-01-30 Corresponding to 1444-07-08|

|Hyperlink to the Previous Announcement||Click Here|

|Incorrect statements in the previous announcement|| - Gross profit (loss) for the current quarter is 2,070.88 million riyals.

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- Gross profit (loss) for the similar quarter for previous year 1,368.83 million riyals, with a change rate of 51.29%.

- The change rate in gross profit (loss) for current quarter comparing with previous quarter is 440.36%.

- Gross profit (loss) for the current period 7,204.45 million riyals.

- Gross profit (loss) for the similar period for previous year 4,917.98 million riyals, with a change rate of 46.49%.

|Correct Statement|| - Gross profit (loss) for the current quarter is 684.76 million riyals.

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- Gross profit (loss) for the similar quarter for previous year 211.93 million riyals, with a change rate of 223.11%.

- The change rate in gross profit (loss) for current quarter comparing with previous quarter is 78.68%.

- Gross profit (loss) for the current period 1,471.13 million riyals.

- Gross profit (loss) for the similar period for previous year 556.50 million riyals, with a change rate of 164.35%.