Saudi Reinsurance Company (Saudi Re) has maintained its Insurance Financial Strength Rating (IFRS) at A2 with a Stable Outlook, announced Moody’s Ratings (Moody’s) following its periodic review completed in April 2026. According to Moody’s, Saudi Re’s A2 IFSR reflects its established brand and market position in Saudi Arabia as the Kingdom’s first home-grown professional reinsurer, alongside a growing presence across the Middle East, Asia, and Africa. The rating also factors in the company’s preferential position in the domestic market through its right of first refusal on a portion of ceded premiums. Moody’s further highlighted Saudi Re’s high-quality asset underpinned by a conservative investment portfolio as evidenced by a low ratio of high-risk assets. The rating also reflects Saudi Re’s good capital adequacy, with loss gross underwriting leverage of 1.3x at year-end 2025 and limited natural catastrophe exposure supported by adopting extensive retrocession programs. The agency also noted Saudi Re’s consistent good profitability, and strong financial flexibility with no debt leverage and good access to local capital markets given its listing on the Saudi Stock Exchange and broad investor base. Commenting on the announcement, Saudi Re CEO Ahmed Al-Jabr, said: “Maintaining our A2 rating reflects the credit worthiness and resilience of Saudi Re’s business model and the strength of the partnerships that Saudi Re has firmly established. It also reinforces the confidence of shareholders, clients and regulators in the company’s ability to meet its obligations, and further strengths Saudi Re’s strategic direction toward achieving its future objectives. Preserving this distinguished rating is particularly significant considering the geopolitical conditions currently affecting the region and underscores our ability to navigate uncertainty while pursuing long-term growth opportunities.”   Further supporting its financial standing, Saudi Re holds an ‘A-’ long-term issuer credit rating and insurer financial strength rating with a Positive Outlook from S&P Global Ratings, reflecting the company’s improving financial performance indicators. The agency highlighted Saudi Re’s robust risk-based capital adequacy a key rating strength, assessed at the ‘AAA’ benchmark in S&P capital model. S&P also commended Saudi Re for maintaining its superior underwriting performance, outperforming many of its regional and international peers. Saudi Reinsurance Company “Saudi Re”, a Public Investment Fund portfolio company, is listed on the Saudi Exchange and ranks among the leading reinsurance companies in the region. With a capital of SAR 1.7 billion (US$453 million), the company operates in more than 40 markets across the Middle East, Asia, and Africa. Saudi Re is regulated by the Saudi Arabian Insurance Authority and conducts its operations through its headquarters in Riyadh and branches in Malaysia and India.

Introduction The Board of Directors of Saudi Reinsurance Company “Saudi Re” is pleased to invite the honorable shareholders to participate and vote in the Extraordinary General Assembly Meeting which will be held at 6:30 pm on Sunday 10/05/2026G corresponding to 23/11/1447H. through means of modern technology. City and Location of the General Assembly’s Meeting: Kingdom of Saudi Arabia – Riyadh City – Company’s Head Office – Via Means of Modern Technology Link to the venue of the meeting: www.tadawulaty.com.sa Date of the General Assembly’s Meeting: 10/05/2026G corresponding to 23/11/1447H Time of the General Assembly’s Meeting: 18:30 How the General Assembly is convened Via Modern Technology Means Attendance Eligibility: Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee. Quorum for Convening the General Assembly’s Meeting: The Extraordinary Ordinary General Assembly Meeting shall be valid if attended by shareholders representing at least half of the capital. If the quorum is not available to hold this meeting, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting shall be valid if attended by shareholders representing at least quarter of the capital. General Assembly Meeting Agenda: Review and discuss the Directors’ Report of the fiscal year ending on December 31st, 2025. Voting on the auditors’ report of the fiscal year ending on December 31st, 2025. Review and discuss the annual financial statements of the fiscal year ending on December 31st, 2025. Voting to absolve the members of the Board of Directors for the fiscal year ending on December 31st, 2025. Voting on the appointment of the Company’s auditors from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the financial statements for the second, third quarters and annual of the fiscal year of 2026 and the first quarter of year 2027, and determine their fees. Voting on the business and contracts concluded between the Company and SAB Invest, in which the member of the Board of Directors, Mr. Abdulaziz Al-Bassam, has an indirect interest, due to his membership in the Board of Directors of SAB Invest, which is an investment advisory contract without preferential conditions, noting that the value of the contract is estimated at SAR 793,473.55. Voting on the business and contracts concluded between the Company and Alpha Capital, in which the Chairman of the Board of Directors, Mr. Abdullatif Al-Fozan, has an indirect interest, due to his membership in the Board of Directors of Alfa Capital, which is an investment agreement in the Alpha Murabaha Fund, without preferential conditions, noting that the Murabaha Fund management fees are estimated at SAR 385,785.20. Voting on disbursing an amount of 2,292,329 Saudi Riyals as a remuneration to the members of the Board of Directors for the financial year ending December 31st, 2025. Voting on the updates in the policy for Board Members, Committees Members and Executive Management Remuneration and Compensation. Voting on the election of the members of the Board of Directors from among the candidates for the next session, which starts from the date (11/05/2026G) and its duration is four years, as it ends on (10/05/2030G). (CVs of candidates are attached) Voting on the addition of the article (15) of the Company’s bylaws related to the Issuance and Offering of Debt Instruments (attached). Proxy Form Press Here The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right The shareholder has the right to discuss the topics on the agenda of the Assembly, ask questions, and the right to register attendance for the Assembly meeting ends at the time of the Assembly meeting. Also, the eligibility to vote on the items of the Assembly for those present ends when the counting committee finishes counting the votes. Shareholders can vote remotely on the agenda of the General Assembly through the (electronic voting) service by visiting the Tadawulaty website: www.tadawulaty.com.sa Details of the electronic voting on the Assembly’s agenda All shareholders can vote remotely on the agenda of the Assembly through the service (electronic voting) by visiting the website of Tadawulaty: www.tadawulaty.com.sa Voting on the items of the meeting will start from 01:00 am on Wednesday 06/05/2026G corresponding 19/11/1447H to until the end of the time of the Extraordinary Ordinary General Assembly. Method of Communication in Case of Any Enquiries For inquiries, please contact the Investors relations department via telephone on +966 11 510 2000 ext. 181 or via email of the Investor relations Department at: Invest@saudi-re.com Additional Information None

Saudi Reinsurance Company “Saudi Re” announced its financial results for the year ending on 31/12/2025, reporting a 48% increase in revenue to SAR 1.67 billion, compared to the same period of the previous year.  This growth was supported by expansion across multiple business lines both domestically and internationally. The Company recorded net profit after Zakat of SAR 140 million, representing a 71% decrease compared to SAR 475 million for the same period last year. The prior-year period included exceptional capital gains of SAR 365.9 million. Excluding the non-recurring gains recorded in 2024, the Company’s profit grew by 28%, supported by a balanced contribution from underwriting performance and investment income. Furthermore, Gross Written Premiums (GWP) increased by 24% to SAR 2.9 billion, compared to SAR 2.36 billion for the corresponding period of the previous year.  Ahmed Al-Jabr, CEO of Saudi Re, commented: “We continue to deliver sustainable profitable growth, driven by strong underwriting performance, while achieving a record Gross Written Premiums, with the Company’s business volume doubling over the past three years.”  He added: “Our ambitious strategy focuses on reinforcing our leadership in the Middle East and supporting the Kingdom’s insurance sector by increasing the insurance capacity, enhancing premium retention, and contributing to the development of innovative insurance products, fully aligned with the National Insurance Strategy.” Saudi Re continued to strengthen its financial position by increasing its capital by 90% in 2025 to reach SAR 1.69 billion, following the Public Investment Fund’s entry as a strategic partner, in addition to distributing bonus shares. This made Saudi Re the highest capitalized company in the insurance sector on the Saudi Stock Exchange and in the reinsurance sector across the Middle East. The Company’s strong operational and financial performance also reflected positively on its credit ratings, leading to rating upgrade by Moody’s to “A2” with a stable outlook, and affirmation from Standard & Poor’s at “A-” with revised outlook from stable to positive. Saudi Reinsurance Company “Saudi Re”, a PIF portfolio company, is listed on the Saudi Exchange and is one of the leading reinsurance companies in the region, with a capital of SAR 1.7 billion. The Company operates under the supervision of the Saudi Arabian Insurance Authority and has a presence in more than 40 markets across the Middle East, Asia, and Africa through its headquarters in Riyadh and its branches in Malaysia and India.