Announcement by Watani Wealth Management Company regarding an update of the terms and conditions of AlWatani Saudi Equity Fund.

Watani Wealth Management Company announces an update of the terms and conditions of AlWatani Saudi Equity Fund as of 17/06/1447H corresponding to 08/12/2025G.

A summary of the main updated items are as follows:

• Definitions
• Fund Summary
• Applicable Regulations
• Investment Policy and Practices
• Key Investment Risks
• Fees, Charges, and Expenses
• Transactions
• Unitholders Register
• Fund Termination
• Fund Manager
• Fund Board of Directors

The updated terms and conditions can be found in the attached file.