Al Hammadi Holding Announces an update on signing of a non-binding memorandum of understanding to acquire 40% of the share capital of Wareed Medical Company (a limited liability company).

Element List	Explanation
Introduction	With reference to the Company’s announcement published on the Saudi Exchange (Tadawul) website on 28/04/2025 regarding the signing of a non-binding memorandum of understanding to acquire 40% of the share capital of Wareed Medical Company “LLC”, the Company announces the extension of the memorandum for an additional period of Ninety (90) days For the purpose of preparing the independent assessment of feasibility and strategic alignment.
Previous Announcement	signing of a non-binding memorandum of understanding to acquire 40% of the share capital of Wareed Medical Company (a limited liability company).
Date of Previous Announcement on Saudi Exchange’s Website	2025-04-28 Corresponding to 1446-10-30
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	extension of the memorandum for an additional period of Ninety (90) days For the purpose of preparing the independent assessment of feasibility and strategic alignment.
The costs associated with the event, and if they have changed or not with indication of the reasons.	The financial impact could be determined after signing the share purchase agreement.

Element List

Explanation

Introduction

With reference to the Company’s announcement published on the Saudi Exchange (Tadawul) website on 28/04/2025 regarding the signing of a non-binding memorandum of understanding to acquire 40% of the share capital of Wareed Medical Company “LLC”, the Company announces the extension of the memorandum for an additional period of Ninety (90) days For the purpose of preparing the independent assessment of feasibility and strategic alignment.

Previous Announcement

signing of a non-binding memorandum of understanding to acquire 40% of the share capital of Wareed Medical Company (a limited liability company).

Date of Previous Announcement on Saudi Exchange’s Website

2025-04-28 Corresponding to 1446-10-30

Hyperlink to the Previous Announcement on the Saudi Exchange Website

Click Here

Latest Developments Of The Announced Event

extension of the memorandum for an additional period of Ninety (90) days For the purpose of preparing the independent assessment of feasibility and strategic alignment.

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

The financial impact could be determined after signing the share purchase agreement.