Tadawul Approves Morgan Stanley Saudi Arabia for Market-Making Activities on Jazadco, Salama, and Liva.. and Termination of Activity for 3 Companies

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Saudi Tadawul announced its approval of Morgan Stanley Saudi Arabia's request to engage in market-making activities for the shares of Jazan Development and Investment Company – Jazadco, Salama Cooperative Insurance Company – Salama, and Liva Insurance Company, effective from July 15, 2026. Tadawul explained in a statement that the market maker obligations for Jazan Development and Investment (6090) are as follows: - Minimum order stay: 50% - Minimum order size: 50,000 riyals - Maximum spread: 2.00% - Minimum traded value: Not applicable. The market maker obligations for Salama Cooperative Insurance (8050) are as follows: - Minimum order stay: 50% - Minimum order size: 50,000 riyals - Maximum spread: 2.00% - Minimum traded value: Not applicable. The market maker obligations for Liva Insurance (8280) are as follows: - Minimum order stay: 50% - Minimum order size: 50,000 riyals - Maximum spread: 2.00% - Minimum traded value: Not applicable. It indicated that the practice of market-making activities by Morgan Stanley Saudi Arabia will be as specified in the market-making regulations and procedures. Saudi Tadawul also announced in a separate statement its approval of Morgan Stanley Saudi Arabia's request to terminate market-making activities for the following companies effective July 15, 2026: - Andalusia Real Estate Company (4320) - Tourism Projects Company (4170) - Saudi Company for Clay Pipe Production (2360). According to Argaam data, Saudi Tadawul had announced its approval of Morgan Stanley Saudi Arabia's request to engage in market-making activities for Andalusia Real Estate Company (4320) and Saudi Company for Clay Pipe Production (2360), effective February 19, 2026.

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