Saudi Cable Company announces the latest developments for the Company's announcement regarding postpone the opening of the financial restructuring procedure

Saudi Cable Company announces the latest developments for the Company's announcement regarding postpone the opening of the financial restructuring procedure

|Element List||Explanation|

|Introduction||Referring to the announcement of the Saudi Cable Company on 25/06/1444H corresponding to18-01-2023 that the application for the opening of the financial restructuring procedure of the company that was postponed. Saudi Cable Company wishes to announce to the shareholders that the second session was attended today, Tuesday 16/07/1444 AH corresponding to 07/02/2023 AD, and the division indicated that the statement was not received from the trustees, so the division decided to postpone the session and set the date of the next session on 7th of Shaaban 1444 AH corresponding to February 27, 2023 AD to reconsider the case.|

|Previous Announcement||Saudi Cable Company announces the latest developments for the Company's announcement regarding postpone the opening of the financial restructuring procedure|

|Date of Previous Announcement on Tadawul's Website||2023-01-18 Corresponding to 1444-06-25|

|Percentage of fulfilled achievement||N/A|

|Event's Expected Completion Date||It is difficult to determine the expected date of completion of this event at this time.|

|Reasons for Exceeding the Announced End Date||The previous announcement did not specify the date of the court's decision and set the time frame for the submission of the proposal for financial restructuring procedure.|

|The costs associated with the event, and if they have changed or not with indication of the reasons.||There are no