The Capital Market Authority announces its approval of Seera Holding Group's request to reduce its capital from SAR 3,000,000,000 to SAR 2,740,486,520, thereby reducing the number of shares from 300,000,000 to 274,048,652. This approval is conditional upon the approval of the company's Extraordinary General Assembly and the completion of all related regulatory procedures and requirements. The company will publish a report outlining the proposed method for the capital reduction and its anticipated effects well in advance of the Extraordinary General Assembly meeting to allow shareholders sufficient time to review and vote on the capital reduction resolution. The Authority's approval of the company's request to reduce its capital should not be construed as an endorsement of the feasibility of the capital reduction. The Authority's approval simply means that the company has complied with the regulatory requirements stipulated in the Capital Market Law and its Implementing Regulations.