Jabal Omar Development Co. — Capital/Financing Update 2025

Aug 7, 2025

Jabal Omar Development Co. Announces an update on sale of a land plot in Jabal Omar project located in Makkah Al Mukarramah

4250 · 07/08/2025 08:02:50 · Announcement #89349 · View on Saudi Exchange

Jabal Omar Development Co. Announces an update on sale of a land plot in Jabal Omar project located in Makkah Al Mukarramah

Element List	Explanation
Introduction	With reference to Jabal Omar Development Company’s announcement published on the Tadawul website on 9/20/1446 AH corresponding to 3/20/2025 AD regarding the signing of a contract to sell a plot of land with an area of 6,001 sqm, with Azhar Company for a value of 1,140,190,000 Saudi Riyals.

The company would like to announce the signing of a contract addendum that includes an amendment to the sale price from SAR 1,140,190,000 to SAR 1,161,193,500 in exchange for extending the implementation period of the sale contract, as requested by the buyer. Previous Announcement Sale of a land plot in Jabal Omar project located in Makkah Al Mukarramah Date of Previous Announcement on Saudi Exchange’s Website 2025-03-20 Corresponding to 1446-09-20 Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here Latest Developments Of The Announced Event Signing of a contract addendum that includes an amendment to the sale price from SAR 1,140,190,000 to SAR 1,161,193,500 in exchange for extending the implementation period of the sale contract, as requested by Azhar Company. Reasons For The Delay on The Date of The Event Previously Announced Not applicable The costs associated with the event, and if they have changed or not with indication of the reasons. None Delay consequences on the Company’s financial results None

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 enquiries, 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.