It is my honor to present our 2025 Annual Report, which is an especially significant publication as it marks our first reporting cycle following SMC’s successful listing to the Saudi Stock market on 25 June 2025. This year represents a milestone in our evolution: a year in which we transitioned from a private healthcare organization to a publicly listed company positioned for long-term growth, transparency, and value creation.

The global healthcare environment in 2025 continued to evolve rapidly, shaped by technological advancements, rising patient expectations, demographic shifts and new models of integrated care. Healthcare providers worldwide faced increasing demands for quality, safety, digital readiness and sustainability. In the Kingdom, expectations around service excellence, innovation and patient experience have strengthened, reinforcing the need for healthcare organizations to operate with agility, modernity and a deep sense of responsibility.

In 2025, our commitment remained clear: Innovative Integrated Healthcare Services for You. This theme reflects who we are today and the healthcare system we are building for tomorrow that blends clinical excellence with a human-centered approach, one that integrates services seamlessly across the continuum of care, and one that places each patient firmly at the center of every decision.

Our listing during the first half of the year marked a significant step in our transformation, as we continued to invest in digital transformation, clinical capacity, workforce development and systemwide integration. We advanced initiatives that elevate patient safety, improve clinical outcomes, and strengthen the operational backbone of our facilities. We also made meaningful progress toward building an integrated, technologically enabled healthcare network, one that reflects both national priorities and the expectations of a modern patient community.

As we look ahead to 2026, our strategic direction is focused and ambitious. We will continue to strengthen our care model, expand our capabilities, deepen integration across our network, and invest in innovation that improves the patient's journey. We will pursue disciplined, sustainable growth while reinforcing the foundations of good governance, transparency and ethical leadership that our stakeholders expect.

On behalf of the Board of Directors, I extend my gratitude to our dedicated teams of physicians, nurses, healthcare professionals, management and support staff whose commitment to excellence defines our organization every day. I also thank our shareholders for the trust they placed in us during our IPO and throughout this important foundational period.

As we enter the next stage of growth, SMC remains committed to shaping a new era of exceptional, innovative and integrated healthcare services for every patient we serve.