Imposition of a Penalty on Saudi Telecom

The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 80,000 (Eighty Thousand Saudi Riyals) on Saudi Telecom due to its violation of clause (A) of Article (34) of the Listing Rules and the instructions mentioned in the electronic disclosure form number (6) which was approved by CMA’s Board resolution numbered (1-39-2012) and dated 10/2/1434H corresponding to 23/12/2012. The company did not update the electronic disclosure form number (6) once the change happened.