Arabian Internet and Communications Services Company (SOLUTIONS) announced the signing of a number of contracts with Saudi Telecom Company (stc) (Related Party) to provide IT managing and logistical services for a number of projects. Date of Announcement of the Award: December 1, 2022 Corresponding to 1444-05-07; Contract Subject Matter: SOLUTIONS will provide services to supply and install servers and data storage centers, in addition to providing software licenses. SOLUTIONS will also provide managed service for design and implementation for a number of services owned by stc.

Date of Signing the Contract: December 1, 2022 Corresponding to 1444-05-07 Contract Value: SAR 372,920,884. The project scope includes the following: Supply and install servers and data storage centers, and its software licenses which are composed of: (Vmware, Redhat, and Microsoft); Manage a number of services including (customers' solutions delivery, customers' service integration, customers' demand, logistics and support services); Update and replace Data servers. Contract Duration: (36) months; Financial Impact and the Relevant Period: The financial impact on the company's financial statements will appear starting from the fourth quarter of the year 2022; Related Parties: stc which considered the largest shareholder with an ownership of 79% of SOLUTIONS shares.