On August 25, 2026, Arabian Pipes Company issued a corrective announcement on the Saudi Exchange regarding its previously published Extraordinary General Assembly meeting results, which had approved the company's capital increase (third meeting). The correction addresses an error in the Arabic text of Paragraph (a) of Item One in the prior announcement dated August 25, 2026, where the capital increase amount of SAR 52,000,000 (fifty-two million Saudi Riyals) was misstated in Arabic. The company confirms that the correct capital increase amount remains SAR 52,000,000, as accurately stated in Paragraph (E) of the previous announcement, and that this correction does not affect the voting results or any resolutions approved by the Extraordinary General Assembly.

Original announcement:

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