Page 18 - ELM- JANUARY & FEBRUARY 2023

Press Release

Elm Signs a MOU with “SAHAB” to Work Together in
Areas of Shared Interest

February 14, 2023- Elm, a leading provider of digital solutions, concluded a Memorandum of
Understanding (MoU) with Sahab, a company specializing in Emergency, Ambulance,
Monitoring, and Inspection Solutions and Services. The MoU aims to facilitate cooperation in

areas of mutual interest. The two companies signed the MoU during LEAP 2023 that was held
in Riyadh from February 6th to 9th.

Mr. Maher Al Wahaiby, VP of Product Suite at Elm, and Eng. Khalid Alrasheed, Sahab's CEO
signed the MoU, under with both parties will explore the potential of developing a collaboration
across various areas and projects, including online platforms, digital solutions, and digital
health and ambulance services. Elm and Sahab also agreed to coordinate and cooperate on
conducting the necessary studies to attain the agreed-upon objectives and meet specified needs,
as well as set up a joint task force to carry out the tasks outlined in the scope of the MoU.

"This agreement with Sahab will be an opportunity to expand coordination areas to positively

reflect on both parties. The MoU illustrates our aspirations to boost the reliability and efficiency
of services and solutions for both individual and institutional customers, and explore ways to
transform emergency services and ambulance solutions through the use of digitization and
cutting-edge technological innovations. We will continue to empower government entities,
private sector institutions, companies with artificial intelligence and machine learning
solutions, to help them meet the demands of digital transformation, and support the targets of
the Saudi Digital Transformation Program", said Majid bin Saad Al-Arifi, Elm's Spokesperson

and Executive VP of Marketing.

The partnership with Sahab is the latest in a series of agreements that Elm has established

during its participation in LEAP 2023. This premier global event showcases the most advanced
technological innovations, and fosters cooperation between digital transformation leaders and
major providers of technological solutions and innovations from around the world. LEAP 2023
is a strategic platform that helped highlight Elm's solutions and innovations and its growing
role in building a sophisticated technological infrastructure and an integrated digital ecosystem
that encompasses a wide range of services and solutions across multiple vital sectors.

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