This is solutions by stc’s first Annual Report – it covers the performance of the Company during the financial year ended 31 December 2021. Our aim is to provide a balanced review of our performance by communicating relevant material information in a concise but comprehensive manner. This Report contains information about the context in which we operate our business; our strategy and business model for value creation; how we engage with and manage our relationships with our stakeholders; how we govern our business and assess and mitigate risks; our value creation process; our performance during the year under review; and our outlook for the future.

Report boundary

The Report covers the operations of solutions by stc, duly identified as the “Company”, “solutions by stc”, or “Organization”; the key financial aspects and non-financial aspects are discussed in the context of the Company. The solutions by stc Annual Report 2021 covers the 12-month period from 1 January 2021 to 31 December 2021.

Reporting frameworks

we have drawn on the concepts and principles mentioned in the following guides when preparing this report:

• The International Integrated Reporting Council (IIRC) Framework (www.theiirc.org)
• CMA’s Listed Companies Guide, which provides guidance on all material necessary for the Board Report
• The SASB industry standards for the software and IT services industry

Compliance

We operate in accordance with all applicable laws, rules, regulations, directions, and standards while abiding by guidelines for voluntary disclosures, both in letter and
in spirit.

Queries

We welcome your comments and queries on this Report and we invite you to direct them to:

solutions by stc

Address: PO Box 50
Post Code: 11372
Phone: +966 115 251 111
Fax: +966 114 601 110
Email: IR@solutions.com.sa