• The contribution of new products launched during the period compared to the corresponding period of the previous year.

• Growth in sales of existing products through the acquisition of new customers.

• Improved retention of the existing customer base through enhancements to the customer experience and journey, as well as after-sales services.

• Strong revenue growth of 106% compared to the second quarter of 2025, supported by an increase in the number of insurance policies sold.

• An increase in operating profit of 116% compared to the second quarter of 2025, reflecting improved operating efficiency as revenue grew at a significantly faster rate than the cost base. The operating profit margin reached 33%, compared to 32% in the second quarter of 2025.

Despite the slight decrease in revenue, adjusted net profit increased compared to the previous quarter, driven by the traction of recently launched products and enhanced efficiency

The increase in adjusted net profit was driven by the launch of new products with different structures, which contributed to increased profitability and continued growth, offsetting the impact of seasonal holidays. This forms part of the Group’s plan to diversify its business and reduce seasonality, with new high-growth products making an increasing contribution to profitability.

Excluding this non-cash item, adjusted net profit increased from SAR 107 million in the previous quarter to SAR 109 million in the current quarter, reflecting improved operating efficiency and product scalability, despite the impact of a lower gross profit margin and the cost of continued investment in developing new products expected to be launched in the coming period.

The Company also achieved growth in the number of insurance policies sold for its existing products during the first half of the year, through the acquisition of new customers, improved customer retention efficiency, enhancements to the customer experience and journey, and the development of after-sales services.

• Revenue growth of 111% compared to the first half of 2025, supported by an increase in the number of insurance policies sold, improved retention of the existing customer base through enhancements to the customer experience and journey and the development of after-sales services, in addition to product restructuring.

• An increase in operating profit of 177% compared to the corresponding period of the previous year, with the operating profit margin improving to 35% from 27%, as revenue grew at a faster pace than costs, reflecting improved operating efficiency across the platforms.

Item 1: Allocation of non-cash expenses related to the Employee Share-Based Payment Plan (Long-Term Incentive Plan) in accordance with International Financial Reporting Standard (IFRS) 2, from “straight line” charge to “tranche by tranche” or staged vesting under IFRS 2.

Item 2: Derecognition of receivables relating to lease-to-own motor vehicle insurance premiums, together with the corresponding payables, which are held by the Group in its capacity as an agent, and reversal of the related expected credit loss provision.

Item 3: Reclassification of impairment losses on financial assets, previously presented within general and administrative expenses, to a separate line item in the statement of profit or loss in accordance with IAS 1.

The impact of each adjustment is as follows:

1. For the year ended 31 December 2025, the adjustment in relation to Item 2 increased net profit by SAR 6 million, while Item 1 reduced it by the same amount. Item 3 had no impact on net profit. As the effects of the above two items offset each other, the restatement of the comparative figures had no net impact on net profit for the comparative period for the year 2025.

2. For the six-month period ended 30 June 2025, the adjustment in relation to Item 1 reduced net profit for the comparative period by SAR 10 million, while Items 2 and 3 had no impact on net profit.

3. For the three-month period ended 30 June 2025, the adjustment in relation to Item 1 reduced net profit for the comparative period by SAR 5 million, while Items 2 and 3 had no impact on net profit.

4. Based on the above, the restatement had no impact on net profit for the year ended 31 December 2025.

As at 31 December 2025, Item 1 had a net positive impact on equity, increasing it by SAR 7 million, while Item 2 had a positive impact on equity, increasing it by SAR 6 million. In addition, the derecognition of receivables and payables under Item 2 reduced total assets and total liabilities by SAR 372 million.

None of the above adjustments had any impact on the Group’s cash flows.

In addition to the above, there are certain additional reclassification adjustments made to the historic P&L and Balance sheet, These do not have an impact on the Group’s Net income or Equity.

Accordingly, the Company’s adjusted net profit for the six-month period ended 30 June 2026 amounted to SAR 216 million, compared to SAR 84 million for the corresponding period of 2025, representing growth of 158%. This performance reflects the platform’s operating efficiency, with revenue increasing by 111% year-on-year while the overall cost base grew at a more moderate pace, supported by continued cost discipline.

The Company would like to invite its esteemed shareholders and financial analysts to participate in a conference call via video conferencing to discuss the financial results for the second quarter of 2026. The call is scheduled to be held on Monday, August 10, 2026, at 4:00 PM Saudi Arabia time. At the end of the call, there will be an interactive Q&A session.