The reason for the increase (decrease) in sales/revenue during the current period compared to the same period of the previous year: The reason for the decrease in operating revenues by an amount of 4 million SAR during the six-month period ending in 2024 compared to the same period in 2023 is due to a decrease in revenues from investment services and asset management by an amount of 3.0 million SAR, as well as a decrease in unrealized gains from the revaluation of investments through profit or loss by amount of 2.2 million SAR,  even though there was an increase in gains realized from the sale of investments through profit or loss, as well as dividend income and special commission income, with a total amount of 1.2 million SAR.

The reason for the increase (decrease) in net profit during the current period compared to the similar period of the previous year is: The reason for the decrease in net profit for the period by an amount of 4.9 million SAR compared to the same period in 2023 is due to a decrease in operating revenues by an amount of 4 million SAR, as well as an increase in total operating expenses by an amount of 1.1 million SAR, with a decrease in zakat provision by an amount of 0.2 million SAR.

Statement of the type of external auditor’s report: Unmodified conclusion

Reclassification of Comparison Items: Certain of the comparative period figures have been reclassified to conform with the current classification in the financial statements

Additional Information: N/A