Maharah Human Resources Co. (“Maharah”) announces the latest update of signing the non-binding MOU between its 100% owned subsidiary Growth Avenue Investment Company (“buyer”) – and El Seif Commercial Investment Company Limited and Saudi Medicare Company Limited (“Sellers”) to acquire Sellers full equity in Care Shield Holding Company (Kingdom Hospital & the Consulting Clinics).

Maharah Human Resources Co. (“Maharah”) announces the latest update of signing the non-binding MOU between its 100% owned subsidiary Growth Avenue Investment Company (“buyer”) – and El Seif Commercial Investment Company Limited and Saudi Medicare Company Limited (“Sellers”) to acquire Sellers full equity in Care Shield Holding Company (Kingdom Hospital & the Consulting Clinics).

|Element List||Explanation|

|Introduction||Reference is made to Maharah announcement published on Tadawul website on 10 Shaban 1443 corresponding to 13 March 2022 in which Maharah announced that its 100% subsidiary (Growth Avenue Investment Company) signed a non-binding MOU with (1) El Seif Commercial Investment Company Limited and (2) Saudi Medicare Company Limited to acquire their full equity of 41.37% in Care Shield Holding Company (Kingdom Hospital & Consulting Clinics), Maharah would like to announce that all parties agreed to extend the MOU until 3 Muharram 1444 corresponding to 01 August 2022 with the same terms and conditions.|

|Previous Announcement||Maharah announcement of the signing a non-binding MOU between its 100% owned subsidiary Growth Avenue Investment Company (“buyer”) - and El Seif Commercial Investment Company Limited and Saudi Medicare Company Limited (“Sellers”) to acquire Sellers full equity of 41.37% in Care Shield Holding Company (Kingdom Hospital & the Consulting Clinics)|

|Date of Previous Announcement on Tadawul's Website||2022-03-13 Corresponding to 1443-08-10|

|Percentage of fulfilled achievement||NA|

|Event's Expected Completion Date||NA|

|Reasons for Exceeding the Announced End Date||NA|

|The costs associated with the event, and if they have changed or not with indication of the reasons.||NA|

|Impact of the Delay on the Company's Financial Results||NA|

|Additional Information||Further announcements will follow upon any important development with