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

Watani Wealth Management Company announces an update of the terms
and conditions of AlWatani Sukuk Fund as of 06/03/1448H corresponding
to 19/08/2026G.
A summary of the main updated items are as follows:
The fund manager may, at his discretion, distribute net profits and realized
capital gains (if any) to unit holders.

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