We are delighted to announce that Mr. Ahmed Al-Jabr has been appointed as the Acting CEO of “Saudi Re”. We would like to express our heartfelt gratitude to Mr. Fahad Al-Hesni, the former MD/CEO, for his tremendous contributions during his tenure with the company, and we wish him the best of luck in his future ventures. For more details: Announcement Details

Saudi Re announces that it has received the annual Shariyah Audit Report for the year 2020 from its Shariyah Advisor on 03/08/2021. The report, reference SRE-683-03-01-03-21, contains the Shariyah approval from the Shariyah Advisor, the Shariyah Review Bureau (SRB), in line with the prior years’ reviews, on the following functions: 1. Separation of Accounts (Shareholder & Policyholder) 2. Compliance of Shareholder & Policyholders Investments with Shariyah The SRB will lead the ongoing supervision and monitoring of the Company with regards to the above-mentioned functions and related processes from a Shariyah perspective. It will also engage the Shariyah Audit to investigate and evaluate the extent of its adherence with directed Shariyah policies and guidelines and to report any defective processes.

Saudi Re announces that it has received the annual Shariyah Audit Report for the year 2020 from its Shariyah Advisor on 03/08/2021. The report, reference SRE-683-03-01-03-21, contains the Shariyah approval from the Shariyah Advisor, the Shariyah Review Bureau (SRB), in line with the prior years’ reviews, on the following functions: 1. Separation of Accounts (Shareholder & Policyholder) 2. Compliance of Shareholder & Policyholders Investments with Shariyah The SRB will lead the ongoing supervision and monitoring of the Company with regards to the above-mentioned functions and related processes from a Shariyah perspective. It will also engage the Shariyah Audit to investigate and evaluate the extent of its adherence with directed Shariyah policies and guidelines and to report any defective processes.

Introduction Saudi Reinsurance Company Announces the Results of the Ordinary General Assembly Meeting, (First Meeting) held at 7:00 pm after reaching the required quorum. The Meeting was chaired by the Chairman of the Board Mr. Hesham Al-Sheik City and Location of the General Assembly’s Meeting The Meeting was held remotely at the company’s head office in the city of Riyadh through means of modern technology. Date of the General Assembly’s Meeting 2023-05-11 Corresponding to 1444-10-21 Time of the General Assembly’s Meeting 19:00 Percentage of Attending Shareholders 58.30% Names of the Board of Directors’ Members Present at the General Assembly’s Meeting and Names of the Absentees – Present Members: 1- Mr. Hesham Al-Sheikh – Chairman 2- Mr. Mishari Al-Mishari – Vice Chairman 3- Mr. Fahad Al-Hesni- MD , CEO 4- Mr. Mohammad Al-Otaibi 5- Mr. Ahmed Sabbagh 6- Mr. Jean-Luc Gourgeon 7- Eng. Hussam Al-Suwailem 8- Dr. Peter Hugger 9- Mr. Marc Maupoux 10- Mr.Turki Al-Sudairy 11- Mr.Abdulatif Al-Fozan – Absent Members All Board members have attended Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on Their Behalf 1. Mr. Hesham Al-Sheikh – Chairman of the Investment Committee & Executive Committee 2. Mr. Mohammad Al-Otaibi – Chairman of the Risk Management Committee 3. Mr. Jean-Luc Gourgeon – Chairman of the Technical Committee 4. Mr. Marc Maupoux – Chairman of the Nomination and Remuneration Committee. 5. Mr. Hisham Al-Akil – Chairman Of the Audit Committee Voting Results on the Items of the General Assembly’s Meeting Agenda’s 1. Reviewed and discussed the Board of Directors report for the fiscal year ending on 31/12/2022. 2. Approval on the external auditors’ report of the fiscal year ending on 31/12/2022. 3. Reviewed and discussed the financial statements for the fiscal year ending on 31/12/2022. 4. Approval to absolve the members of the Board of Directors from liability for the fiscal year ending on 31/12/2022. 5. Approval on the appointment of the Company’s auditors from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the financial statements for the second, third quarters and annual of the fiscal year of 2023 and the first quarter of year 2024, and determine their fees and they are: – KPMG Professional Services, Certified Public Accountants. – BDO Dr.Mohamed Al-Amri & Co. 6. Approval on reinsurance contracts concluded between the company and Probitas Corporate Capital Ltd, in which there is an indirect interest for the Chairman of the Board of Directors Mr. Hesham Abdulmalik Al-Shaikh, MD/CEO Mr. Fahad Abdulrahman Al-Hesni, and Board Member Mr. Jean-Luc Gourgeon, as representatives for Saudi Re, for their membership in the Board of Directors of Probitas Holding (Bermuda) Ltd., the parent company of Probitas Corporate Capital Ltd. Also, there is an indirect interest for Board Member Mr. Jean-Luc Gourgeon for his membership in the Board of Directors of Probitas Corporate Capital Ltd., noting that the value of transactions during the financial year ending 31/12/2022 is 158,704,085 Saudi Riyals, without preferential treatment 7. Approval on the business and contracts that will be concluded between the company and the board of directors of the company Mr.Jean-Luc Gourgeon in it which is to provide consulting services in the field of reinsurance, noting that the value of the contract for the financial year ending 31/12/2022 amounted to 188,983 Saudi Riyals without preferential treatment. 8. Approval on disbursing an amount of 1,900,000 Saudi Riyals as a remuneration to the members of the Board of Directors for the financial year ending 31/12/2022. 9- Approval voting on the election of the members of the Board of Directors from among the candidates for the next session, which starts from the date (11/05/2023) and its duration is three years, as it ends on (10/05/2026) and they are : 1- Abdulrahman Ibrahem Al-Jalal 2- Abdulatif Ali Al-Fozan 3- Turki Salman Al-Sudairy 4- Hussam Bandar Al-Suwailem 5- Kubra Ghulam Radhi 6- Abdulaziz Abdulhamid Al-Bassam 7- Waleed Abdulrahman Al-Monie 8- Abdulaziz Abdulrahman Al Shiekh 9- Mosa Abdulaziz Bin Akresh 10- Ahmad Mohammed Sabbagh 11- Fahad Abdulrahman Al-Hesni

introduction Saudi Reinsurance Company Announces the Results of the Ordinary General Assembly Meeting, (First Meeting) held at 7:00 pm after reaching the required quorum. The Meeting was chaired by the Chairman of the Board Mr. Hesham Al-Sheik City and Location of the General Assembly’s Meeting The Meeting was held remotely at the company’s head office in the city of Riyadh through means of modern technology. Date of the General Assembly’s Meeting 2023-05-11 Corresponding to 1444-10-21 Time of the General Assembly’s Meeting 19:00 Percentage of Attending Shareholders 58.30% Names of the Board of Directors’ Members Present at the General Assembly’s Meeting and Names of the Absentees – Present Members:1- Mr. Hesham Al-Sheikh – Chairman2- Mr. Mishari Al-Mishari – Vice Chairman3- Mr. Fahad Al-Hesni- MD , CEO4- Mr. Mohammad Al-Otaibi5- Mr. Ahmed Sabbagh6- Mr. Jean-Luc Gourgeon7- Eng. Hussam Al-Suwailem8- Dr. Peter Hugger9- Mr. Marc Maupoux10- Mr.Turki Al-Sudairy11- Mr.Abdulatif Al-Fozan– Absent MembersAll Board members have attended Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on Their Behalf 1. Mr. Hesham Al-Sheikh – Chairman of the Investment Committee & Executive Committee2. Mr. Mohammad Al-Otaibi – Chairman of the Risk Management Committee3. Mr. Jean-Luc Gourgeon – Chairman of the Technical Committee4. Mr. Marc Maupoux – Chairman of the Nomination and Remuneration Committee5. Mr. Hisham Al-Akil – Chairman Of the Audit Committee Voting Results on the Items of the General Assembly’s Meeting Agenda’s 1. Reviewed and discussed the Board of Directors report for the fiscal year ending on 31/12/2022.2. Approval on the external auditors’ report of the fiscal year ending on 31/12/2022.3. Reviewed and discussed the financial statements for the fiscal year ending on 31/12/2022.4. Approval to absolve the members of the Board of Directors from liability for the fiscal year ending on 31/12/2022.5. Approval on the appointment of the Company’s auditors from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the financial statements for the second, third quarters and annual of the fiscal year of 2023 and the first quarter of year 2024, and determine their fees and they are:– KPMG Professional Services, Certified Public Accountants.– BDO Dr.Mohamed Al-Amri & Co.6. Approval on reinsurance contracts concluded between the company and Probitas Corporate Capital Ltd, in which there is an indirect interest for the Chairman of the Board of Directors Mr. Hesham Abdulmalik Al-Shaikh, MD/CEO Mr. Fahad Abdulrahman Al-Hesni, and Board Member Mr. Jean-Luc Gourgeon, as representatives for Saudi Re, for their membership in the Board of Directors of Probitas Holding (Bermuda) Ltd., the parent company of Probitas Corporate Capital Ltd. Also, there is an indirect interest for Board Member Mr. Jean-Luc Gourgeon for his membership in the Board of Directors of Probitas Corporate Capital Ltd., noting that the value of transactions during the financial year ending 31/12/2022 is 158,704,085 Saudi Riyals, without preferential treatment7. Approval on the business and contracts that will be concluded between the company and the board of directors of the company Mr.Jean-Luc Gourgeon in it which is to provide consulting services in the field of reinsurance, noting that the value of the contract for the financial year ending 31/12/2022 amounted to 188,983 Saudi Riyals without preferential treatment.8. Approval on disbursing an amount of 1,900,000 Saudi Riyals as a remuneration to the members of the Board of Directors for the financial year ending 31/12/2022.9– Approval voting on the election of the members of the Board of Directors from among the candidates for the next session, which starts from the date (11/05/2023) and its duration is three years, as it ends on (10/05/2026) and they are :1- Abdulrahman Ibrahem Al-Jalal2- Abdulatif Ali Al-Fozan3- Turki Salman Al-Sudairy4- Hussam Bandar Al-Suwailem5- Kubra Ghulam Radhi6- Abdulaziz Abdulhamid Al-Bassam7- Waleed Abdulrahman Al-Monie8- Abdulaziz Abdulrahman Al Shiekh9- Mosa Abdulaziz Bin Akresh10- Ahmad Mohammed Sabbagh11- Fahad Abdulrahman Al-Hesni

Saudi Reinsurance Company “Saudi Re” announced the appointment of Ahmed Al-Jabr as its new Chief Executive Officer, effective October 1st, 2024. Al-Jabr, who has been with Saudi Re since 2011, previously held the position of Chief Operations Officer before being promoted to the role of Deputy CEO. Subsequently, he was appointed as the Acting CEO earlier this year.  With over 25 years of diverse experience in the insurance and reinsurance sectors, Al-Jabr brings a wealth of expertise having served in various executive roles in operations, strategy management, business development and others. He holds a Master’s degree in Business Administration from the University of Bradford in the United Kingdom. Saudi Re is a leading reinsurance company in the Middle East region, with operations spanning more than 40 markets. The company holds an ‘A-‘ rating from Standard & Poor’s and an ‘A3’ rating from Moody’s. In the first half of the current year, Saudi Re grew by 19% reporting gross written premiums of SAR 1.4 billion, and focusses on executing its Strategy Towards 2028 with the aim of reinforcing its competitive position and sustaining its profitable growth momentum domestically and internationally.