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Investor Presentaiton

Overview of the proposed transaction and key terms 1 2 TRANSACTION STRUCTURE FINANCIAL TERMS 3 SHAREHOLDERS POST- TRANSACTION 4 GOVERNANCE 5 REQUIRED APPROVALS Notes: 1 Based on Taiba's closing price as of April 6, 2023 Stock-for-stock transaction between Taiba and Dur, with Taiba to buy 100% of Dur's shares in exchange for newly issued shares in Taiba Dur delists and becomes a closed joint stock company wholly owned by Taiba طيبة للاستثمار TAIBA INVESTMENTS J9JUR A final exchange ratio of 1.00 share in Taiba for each share in Dur was agreed, corresponding to a total of 100,000,000 new shares issued to Dur shareholders, valuing Dur at SAR 2,950mm1 The exchange ratio implies a premium to Dur shareholders of 22.5% vs. the closing share price of Dur on 6 April 2023 (the last business day prior to the announcement of the implementation agreement signing) Taiba and Dur shareholders to own 62% and 38% of the combined company respectively Assila Investment Company and Muhammad bin Ibrahim Al-issa will remain the majority shareholder with a pro forma ownership (following Taiba's acquisition of Dur) of 21% and 9% respectively At least one third of the combined board after the acquisition will comprise of Dur nominees An integration committee is composed to plan and strategize the integration (subject to board approval) Approval of GAC (General Authority For Competition), CMA (Capital Market Authority), the Saudi Exchange, and Shareholders' approval
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