Jahez Board of Directors Approves Company’s Transfer to Main Market

Jahez International Company for Information Systems Technology (the “Company”) disclosed on Wednesday that the Board of Directors has passed a resolution approving the Company’s transfer from the Parallel Market to the Main Market (the “Transfer”), along with the appointment of a financial advisor to facilitate the process.

It is important to note that the Transfer is subject to approval from the Saudi Exchange in accordance with the Listing Rules, and is contingent upon meeting all requirements stipulated by the Saudi Exchange