Pursuant to the agreement between the Company and Bank Albilad (the "Agreement"), Swvl will provide technology-enabled shuttle services across Bank Albilad's network, leveraging Swvl's platform to enable dynamic route planning, real-time dispatching, and operational optimization. The deployment is designed to improve workforce mobility, enhance service reliability, and deliver cost predictability through technology-led operations.

The Agreement reinforces Swvl's strategy of expanding into high-value enterprise verticals, where scale, reliability, and operational control are essential. Financial services have emerged as a key focus area for the Company across the Gulf Cooperation Council ("GCC"), driven by growing demand from large institutions seeking scalable, data-driven shuttle services for their workforce.