With reference to the Ministry of Sport’s announcement today, Wednesday, regarding the commencement of the transfer of ownership of shares held by clubs’ non-profit foundation to the Public Investment Fund (PIF), and the resulting dissolution of Al-Hilal’s Non-Profit foundation Board of Directors, 25% of the Club’s shares will be transferred to PIF as part of the second phase of the transfer of club ownership under the Sports Clubs Investment and Privatization Project. Al-Hilal Club Company would like to clarify that the term of the current Company Board of Directors, chaired by His Highness Prince Nawaf Bin Saad, has been extended for 90 days, effective from July 17, 2026. The Board will continue to carry out its strategic and supervisory responsibilities over the Company’s operations, contracts, and obligations as usual. Any related developments will be announced in due course.