Saudi Industrial Development Company (SIDC) announces that it is unable to publish its consolidated annual financial results for the ended 31/12/2022 on (Tadawul) on time.

Saudi Industrial Development Company (SIDC) announces that it is unable to publish its consolidated annual financial results for the ended 31/12/2022 on (Tadawul) on time.

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|Announcement Detail|| Saudi Industrial Development Company (SIDC) announces that it is unable to publish its consolidated annual financial results for the year ended 31/12/2022 on the Saudi Stock Market website (Tadawul) on time as the discussion with the external auditor regarding certain data related to studies conducted by the company and the external advisors accredited by the Saudi Authority for Accredited Valuers (TAQEEM) has not yet been completed to finalize the audit work of the consolidated annual financial statements for the year 2022. The financial results will be posted on the (Tadawul) website immediately upon completion of the audit work.

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SIDC asserts that its inability to publish its consolidated annual financial results ending on 31 December 2022 in a timely manner is solely due to the requirements for completing the audit work as described above and does not relate in any way to SIDC operations or any of its operational subsidiaries.

The formalities for suspending the trading of listed securities will be applied in accordance with the listing rules approved by the CMA Board Decision No. (1-10-2019) dated 24/05/1440AH corresponding to 30/01/2019AD published on (Tadawul) website on 25 March 2019.