PORTFOLIO COMPANIES

We will work with our partners to achieve the strategic objectives of investee companies.

About The Company: GCC Laboratory serves as a key driver in the localization of specialized areas such as inspection, testing, and certification services within Saudi Arabia. The laboratory offers locally accredited services, aiming to strengthen Saudi Arabia’s home-grown technical capabilities. GCC Laboratory plays an essential role across key industries such as energy, petrochemicals, and manufacturing by delivering accurate and dependable inspection services consistent with established standards and quality benchmarks. Furthermore, it supports the development of local expertise, enhancing the broader industrial business environment in Saudi Arabia. Inline with the Company’s Inorganic Growth Strategy and the approved Business Plan, Fire Safety Lab has been finalized (ready to be operational) and two target companies have been identified for acquisition. Industry: Radiation Acquisition year: 11/2021 Ownership: 32%

About The Company: Advance Medical Company (AMC) is a specialized manufacturer of medical devices, specialized in blood-collection tubes. AMC contributes to reducing Saudi Arabia’s reliance on imports through local manufacturing. The company supports continuity in vital medical supplies even amid global supply chain disruptions. In addition to localization of the medical supplies industry and improving quality production standards, AMC helps create job opportunities in the fields of manufacturing and quality control, enabling Saudi professionals to engage in advanced technical and medical sectors. As part of its support, NIC Team have coordinated meetings with regulatory bodies to present and overcome regulatory challenges that AMC is facing. Industry: Medical supplies Acquisition year: 13/9/2024 Ownership: 40%

About The Company: Mowreq Specialized Agriculture Company is a leader in vertical agriculture technologies in Saudi Arabia, delivering innovative farming solutions that optimize water and land use while increasing yield. Strengthening food security remains a pivotal focus for the Mowreq Company. As such, its innovative approach enables sustainable year-round cultivation of high-quality crops even in challenging climate conditions. Mowreq uses soilless farming systems and advanced environmental control technologies to reduce pesticide usage and enhance resource efficiency. It contributes to local workforce development by creating employment opportunities in smart agriculture, and supports the digital transformation of the agricultural sector, besides fostering a culture of innovation in food production. NIC’s Portfolio Management Team is closely monitoring the progress of the commissioning of Riyadh’s Vertical Farm (“VFCO”) by introducing the first seeding cycle that is expected to be concluded by June-25. Industry: Vertical farming Acquisition year: 28/01/2025 Ownership: 25%

About The Company: Dartec is a highly specialized firm offering reverse engineering services, with advanced capabilities in 3D scanning and laboratory management for the analysis and local reproduction of mechanical components. It directly contributes to reducing dependency on international suppliers while strengthening critical industrial sectors, including power generation, desalination, petrochemicals, and defense. DarTec’s innovative and dependable solutions offer support to key enterprises such as the Saudi Electricity Company to minimize operational costs and reinforce supply chain resilience through the local manufacturing of replacement parts. It offers gainful employment opportunities to local talent in the fields of reverse engineering and precision manufacturing. NIC Team is actively working on expanding DarTec’s customer base to overcome revenue concentration. Industry: Reverse engineering Acquisition year: 12/2020 Ownership: 30%

About The Company: Global Isotopes Company develops and produces isotopic materials used in both medical and industrial applications. It supports Saudi Arabia achieve self sufficiency in this high-value sector, minimizing the need for imports. The company produces isotopes essential for diagnostic imaging and therapeutic applications, including cancer tumor detection and radiation therapy. From an industrial perspective, it supplies isotopic materials vital to non-destructive testing and quality assurance across multiple sectors. In addition to reinforcing Saudi Arabia’s technological independence, the company contributes to cultivating a skilled workforce by generating quality employment in research, development, and nuclear power technologies to elevate Saudi Arabia’s overall technological capabilities. NIC Team have supported ISOCO in the issuance of its Operating License from the NRRC. Furthermore, NIC Team coordinated for multiple engagements with the respective regulator resulting in identifying 2 additional revenue streams (i.e., Projectors and Waste Management). Industry: Radiation Acquisition year: 11/2021 Ownership: 32%