Paper Home Company announces the issuance of the Board of Directors’ decision to recommend to the Extraordinary General Assembly an increase in the company’s capital by granting free shares to the company’s shareholders by capitalizing an amount of 5,000,000 Saudi riyals from the retained earnings account. It is worth noting that the capital before the increase amounted to15000000 Saudi riyals After the increase, the capital amounted to 20,000,000 Saudi riyals, and the increase was estimated at 33%. The number of shares before the increase was 1500000 shares, and after the increase it became 2000000 shares, the reason for the increase is compatibility with the company's business size and assets, in addition to supporting future growth and expansion. The company has been awarded one share for every 3 shares owned by shareholders; the increase will be made by capitalizing an amount of 5,000,000 Saudi Riyals from the retained earnings account. Eligibility will be for shareholders who own shares at the end of trading on the day of the company’s extraordinary general assembly (which will be determined later) and who are registered in the company’s shareholder registry with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the entitlement date. If there are fractional shares granted, the fractions will be collected in one portfolio for all shareholders and sold at the market price, then their value will be distributed to the shareholders entitled to the grant, each according to their share, within a period not exceeding 30 days from the date of determining the new shares entitled to each shareholder. The grant is conditional on obtaining the approval of the competent official authorities and the approval of the extraordinary general assembly to increase the capital and the number of shares granted.