Addendum announcement to the Price Range and start of Institutional Book-building period for the initial public offering of Nice One Beauty Digital Marketing Company

Element List	Explanation
Announcement Detail	In addition to SNB Capital Company’s announcement of the price range and start of Institutional Book-building period for the initial public offering of Nice One Beauty Digital Marketing Company (“Nice One” or the “Company”), SNB Capital Company announces on behalf of the Company in its capacity as the Lead Manager, Financial Advisor, Book-runner and Underwriter, and together with EFG Hermes Saudi Arabia in their capacity as the Joint Financial Advisors, Book-runners, and Underwriters on the potential initial public offering (the “Offering”) on the binding undertakings submitted by Masarrah Investment Company, Mohammed Abdulaziz Al Habib & Sons Holding Company and Frontier Investment Management Partners Ltd. (together referred to as the “Cornerstone Investors”) in which the Cornerstone Investors have committed to subscribe to in aggregate 4,331,250 Offer Shares at the Offering price (“Cornerstone Commitment”), and accordingly the publication of the supplementary prospectus. The Cornerstone Commitment comprises of 1,732,500 shares to be subscribed by Masarrah Investment Company, 1,732,500 shares by Mohammed Abdulaziz Al Habib & Sons Holding Company, and 866,250 shares by Frontier Investment Management Partners Ltd. representing approximately 1.50%, 1.50% and 0.75%, respectively, of the Company’s share capital after the Offering. The price range for the Offering has been set between SAR 32 and SAR 35 per share (the “Price Range”) The Offering is comprised of thirty-four million six hundred and fifty thousand (34,650,000) ordinary shares (representing 30% of the Company’s share capital after issuances of new shares and capital increase) (the “Offer Shares”) The minimum number of Offer Shares to be applied for participating parties is one hundred thousand (100,000) shares, while the maximum number of shares is five million seven hundred forty-nine thousand nine hundred and ninety-nine (5,749,999) shares. The participation in the book-building process is confined to the participating parties in accordance with the Instructions for Book Building Process and Allocation Method in Initial Public Offerings issued by the Capital Market Authority. The final price per Offer Share will be determined after the completion of the book-building process, to be followed by the Individual Subscribers subscription process, the number of Offer Shares to be provisionally allocated to Participating Parties are thirty-four million six hundred and fifty thousand (34,650,000) Offer Shares, representing 100% of the total Offer Shares. Final allocation of the Offer Shares will be made after the end of the subscription period for Individual Investors. In the event that Individual Subscribers subscribe for all the Offer Shares allocated thereto, the Financial Advisors shall have the right to reduce the number of Offer Shares allocated to Participating Parties to thirty-one million one hundred and eighty-five thousand (31,185,000) shares, representing ninety percent (90%) of the total Offer Shares, provided that such clawback shall not apply to the Cornerstone Investors and the final allocation to the Cornerstone Investors shall be four million three hundred thirty-one thousand and two hundred fifty (4,331,250) Offer Shares in all cases. Bidding and book-building period for Participating Parties starts from Sunday, 29/05/1446H (corresponding to 01/12/2024G) and closes 2:00pm KSA time of Sunday, 07/06/1446H (corresponding to 08/12/2024G) For more information, and for the supplementary prospectus, please visit the Capital Market Authority website (www.cma.org.sa) and the Company website (https://ipo.niceonesa.com).
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