Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Launched community initiative "Awani Al Khair" to donate home appliances and kitchenware to prisoners' families.

Governance Achievements

• Adopted internal Corporate Governance Manual; formed Audit Committee and Nomination and Remuneration Committee.

Climate Goals & Targets

Environmental Challenges

• Reliance on external suppliers and service providers; continued operation of the business; reputation and quality of products; product liability and defects; retaining existing customers and attracting new customers; marketing and sales; leased real estate; identification of suitable sites for new stores; the Company’s online store; the Company’s IT systems and cyber-attacks; payments via credit cards, Mada cards, and e-payment methods; cash management, theft and security; reliance on transactions with Related Parties; Directors’ engagement in competing business; protection of the Company’s brands and intellectual property rights; Zakat and tax; inadequacy of insurance coverage; financing and credit facilities; poor inventory management; increased operating expenses and unexpected requirements for future capital expenditure; litigation; reliance on Senior Executives and key personnel; employee misconduct and errors; newly implemented corporate governance rules; newly formed Board Committees; lack of experience in managing a joint stock company listed on the Exchange; the Company’s failure to implement its strategy successfully, on time, or at all; expansion outside the Kingdom; competition; home appliances and kitchenware retail sector and consumer spending level; changes in the regulatory environment; the Competition Law and its Implementing Regulations; data protection and cybersecurity systems; the economy of the Kingdom and the global economy; political instability and security concerns in the Middle East; compliance with Saudization requirements; employee costs; prices of energy, electricity, water and related services; licenses, permits, and approvals; the outbreak of COVID-19 or any other infectious disease; foreign exchange and interest rates; floods, earthquakes and other natural disasters or disruptive acts; seasonal changes; effective control post-Offering by the Selling Shareholder; the absence of a prior market for the Company’s Shares; fluctuation in the market price of the Shares; the Company’s ability to distribute dividends; selling a large number of Shares on the Exchange post-Offering; research published about the Company; Non-Qualified Foreign Investors not being able to directly hold Shares; investment in emerging markets.

Mitigation Strategies

• The Company has implemented various strategies to mitigate these risks, including developing its own branded products, expanding its online store, and strengthening its relationships with suppliers. Specific mitigation strategies are detailed within the report's risk factors section.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: IFRS

Certifications: Null

Third-party Assurance: KPMG Professional Services and Al Bassam & Co. (a member of PKF International)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed