Qassim Cement Company Announces The Latest Developments Regarding The Share Sale And Purchase Agreement To Acquire 100% Of A-Mix Company’S Shares, Represented By The Completion Of The Acquisition Transaction

Introduction: With reference to Qassim Cement Company’s (the "Company") announcement published on the Saudi Exchange website on 09/09/2026 regarding the signing of a Share Sale and Purchase Agreement to acquire 100% of A-Mix Company’s shares, and the announcement of the latest developments published on 07/10/2026 regarding the General Authority for Competition’s no-objection to the completion of the economic concentration resulting from the transaction, the Company announces the completion of the acquisition transaction and the transfer of ownership of 100% of A-Mix Company’s shares to Qassim Cement Company.

Previous Announcement: Announces the latest developments regarding the share sale and purchase agreement to acquire 100% of A-Mix company’s shares, represented by the issuance of the General Authority for Competition’s No-Objection.

Date of Previous Announcement on Saudi Exchange’s Website: 2026-10-07 Corresponding to 1448-04-26

Hyperlink to the Previous Announcement on the Saudi Exchange Website: Click Here

Latest Developments Of The Announced Event: The acquisition of 100% of A-Mix Company’s shares has been completed, and ownership of all shares has been transferred to Qassim Cement Company.

The costs associated with the event, and if they have changed or not with indication of the reasons.: There is no change to the transaction consideration previously announced.

Additional Information: Upon completion of the transaction, A-Mix Company has become a wholly owned subsidiary of Qassim Cement Company