Arabian Internet and Communications Services Company (s solutions) announced the signing of a Revenue-Sharing Agreement with Remat Riyadh Development Company to build, manage, operate, and maintain smart public parking spaces in Riyadh City. Date of Announcement of the Award 2024-01-23 Corresponding to 1445-07-11 Contract Subject Matter Build, manage, operate, and maintaining parking spaces, leveraging the latest advanced technologies and digital platforms. This agreement is part of the first phase of the smart public parking project in Riyadh city, covering 12 zones. The Entity with Which the Contract was signed.

Date of Signing the Contract 2024-01-23 Corresponded to 1445-07- 11 Contract Value Agreement value may exceed 5% of solutions revenues as per the latest audited annual financial statements for the year 2022. The revenues is not fixed and depend on the volume of transactions where solutions will receive a percentage of the revenues. The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable inquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.