Saudi Paper Manufacturing Co. Announces the Distribution of Compensation to Right Issues Owners who did not Use their Rights to Subscribe to New Shares and entitled to fractional shares

Saudi Paper Manufacturing Co. Announces the Distribution of Compensation to Right Issues Owners who did not Use their Rights to Subscribe to New Shares and entitled to fractional shares

|Element List||Explanation|

|Introduction||The Saudi Paper Manufacturing Company announces that compensation amounts have been deposited for holders of priority rights who did not exercise their right to subscribe to new shares and those entitled to fractional shares in their bank accounts (investment portfolio).|

|Compensation Distribution Date for Eligible Investors Who Did not Exercise Their Right to Subscribe and Those Eligible for Fractions||2022-11-29 Corresponding to 1444-05-05|

|Total Amount to be Distributed to Eligible Persons Who Did not Exercise Their Subscription Right and Those Eligible for Fractions||SAR 14,747,916.72|

|Method of Receiving the Compensation by Eligible Investors Who Did not Exercise Their Subscription Right and Those Eligible for Fractions|| Alinma Bank deposited the amounts in the bank accounts (investment portfolio) of the eligible persons who did not exercise their right to subscribe to the new shares and those entitled to fractional shares.

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As for the eligible persons whose account information was not available or was incomplete, they can communicate with the Shareholders Relations Department during the official working hours.

|Name and Contact Information of the Entity in Charge of Deposit|| For enquires, we are pleased to receive the questions and inquiries of our valued shareholders through the following means of communication:

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Shareholder Relations Department

Email: [email protected]

Tel: 0138121016 Ext. 1042