“Saudi Group” deposits Fraction Shares from Capital Increase in Eligible Shareholders’ accounts

Pursuant to the announcement made by the Saudi Industrial Investment Group (“SIIG”) on 12/09/1443H (Corresponding to 13/04/2022G) in relation to the listing of consideration shares and the completion of the acquisition of the National Petrochemical Company (Petrochem) (the “Acquisition”), SIIG announces that it has completed the sale of the fractional shares resulting from the capital increase of SIIG for the purpose of the Acquisition (the “Fractional Shares”) and it has deposited the net cash worth SR 583.4 thousand proceeds of such sale in the accounts of the eligible Shareholders proportionate to their respective fractional entitlements.

The proceeds of the Fractional Shares sale were distributed by Riyad Bank which shall be deposited in the bank accounts associated with the eligible shareholders’ investment accounts.

Number of Sold Shares: 16188

Fractional Shares Sales Revenue: 583371

Average Selling Price per share: 36.1