Saudi Arabian Amiantit Co. Announces an update on Announcement of Saudi Arabian Amiantit by receiving the letters of the Zakat, Tax and Customs Authority

Saudi Arabian Amiantit Co. Announces an update on Announcement of Saudi Arabian Amiantit by receiving the letters of the Zakat, Tax and Customs Authority

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|Introduction|| Reference to the announcement of Saudi Arabian Amiantit company on TADAWUL platform on 05-05-1442H, corresponding to 20-12-2020G by receiving the letters of the Zakat, Tax and Customs Authority dated 05-05-1442H, corresponding to 20-12-2020G includes the claim for payment of zakat differences of SAR 231,117,518.17 for the years 2015G To 2018G and the company has objected on these amendments and the challenge was escalated to the General Secretariat of Tax Committees and in reference to the announcement on 21-10-1443H corresponding to 22-05-2022G about the issuance of the Authority's preliminary decision to accept some of the company's objections on the items mentioned in the objections and the rejection of some other items and a reference to the announcement dated 08-11-1443H corresponding to 07-06-2022G of receipt of the above-mentioned decision.

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Saudi Arabian Amiantit Company announces that it has received decisions from the First Appeals Circuit for Income Tax Violations and Disputes on 18-08-1444H corresponding to 10-03-2023G accepting the appeal of the Zakat, Tax and Customs Authority and repealing the decision of the First Circuit that has been issued by the First Appeals Circuit for Income Tax Violations and Disputes regarding the item of loans for the years 2015G to 2018G and the