Fitaihi Holding Group announces that, on Thursday 30/01/2020, it has completed the sale of goods (within the product range Fitaihi Holding Group operates and sells) with a value of 1,445,984 SAR in cash, without special conditions, to the IMC, which is considered a related party, where Fitaihi Holding Group owns 19.25% of its capital. The financial impact of this transaction will appear in the results of the first quarter of the Year 2020. This transaction will be under the approval of the coming meeting of the General Assembly of Fitaihi Holding Group.

Worth mentioning that the member of the Board Dr. Mohamed Ahmed H. Fitaihi will have an indirect interest in this transaction as he represents Fitaihi Group in the Board of Directors of the IMC, so as the Fitaihi Group supports its strategy by focusing on its investments in the health care sector.