Disclosure of Material Information Form


Details
MOBILE TELECOMMUNICATIONS COMPANY K.S.C.P
22/09/2026

Material information form

Others
Supplementary disclosure regarding the Approval of the Competition Protection Agency for the Completion of the Economic Concentration Process
22/09/2026
With reference to our previous disclosure dated 4/12/2023 regarding the execution of definitive agreements with Ooredoo Group in relation to the combination of the telecommunications tower portfolios of Zain Group and Ooredoo Group across a number of markets, We would like to inform you that Mobile Telecommunications Company K.S.C.P (“Zain”) has obtained the approval of the Competition Protection Agency in Kuwait for the economic concentration transaction relating to the joint control of Zain’s existing tower infrastructure platform, through the participation of Ooredoo Q.P.S.C. (Qatar) in such platform as part of the agreed combination of the parties’ telecommunications tower portfolios. Subject to the remaining conditions under the transaction documents and applicable regulatory approvals, the relevant tower infrastructure platform will consolidate the telecommunications towers of Ooredoo Q.P.S.C. and Zain in Kuwait and Qatar through their respective operating companies. This approval represents a further milestone in the phased implementation of the broader transaction between Zain and Ooredoo, with the other relevant markets to follow subject to applicable regulatory approvals and transaction requirements.
These transactions will have a positive impact on Zain Group's operational growth. The financial impact cannot be determined at this stage.
إفصــاح مكمــل جهاز حماية المنافسةFinal.pdf

Significant effect on the financial position shall be mentioned if the material information can measure that effect, excluding the financial effect resulting from tenders or similar contracts.

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The issuer of this disclosure bears full responsibility for the soundness, accuracy, and completeness of the information contained therein. The issuer acknowledges that it has assumed Care of a Prudent Person to avoid any misleading, false, or incomplete information. The Capital Markets Authority and Boursa Kuwait Securities Exchange shall have no liability whatsoever for the contents of this disclosure.This disclaimer applies to any damages incurred by any Person as a result of the publication of this disclosure, permitting its dissemination through their electronic systems or websites, or its use in any other manner.