Investor Presentaiton

26 Capital Increase - 2022 Recommended Rights Issue boosts capital by 50% إعادة Saudi Re Saudi Re - Recommended Rights Issue SR 445.5M boosts equity by 50% to SR 1,336 International Diversification Credit Rating: 1. Rights issue paves 1. Preemptive capital hike ahead of the Underwriting growth (domestically): 1. SAMA's reinforced compulsory cessation rates 2. Strengthening Macro outlook in 2. KSA 3. Significant changes to regional reinsurance capacity Probitas call option expiry in 2023 Compliance with European S&P solvency constraints the way for possible credit rating upgrades (latest rating action: A3 by Moody's) Public www.saudi-re.com

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