On July 23, 2026, Saudi Darb Investment Company announced an update regarding its lawsuit filed against former members of the Board of Directors (term: February 10, 2010 to February 9, 2013) before the Capital Market Authority's Committee for the Resolution of Securities Disputes, originally seeking joint and several compensation of SAR 100,000,000. The company's legal counsel confirmed that six enforcement applications have been filed before the Enforcement Court in Riyadh against the former board members, following the final decision issued by the Appeals Committee for Securities Disputes. The Enforcement Court has issued enforcement orders under Article 34 of the Enforcement Law, compelling the judgment debtors to execute the ruling within five days of notification, for a total enforced amount of SAR 69,100,441. Should the debtors fail to comply within the statutory period, further measures under the Enforcement Law and its Implementing Regulations will be pursued, and the company will continue to monitor proceedings through its legal advisor and disclose any material developments to shareholders.

Original announcement:

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