| Introduction | The Saudi Fisheries Company announces that its accumulated losses have reached 26.70% of its capital of SAR 66,986,040, based on the company's annual financial statements for the period ending December 31, 2025. |
| Date of Realization of the Loss | 2025-12-31 Corresponding to 1447-07-11 |
| Amount of the Accumulated Losses | 17,877,937 SAR |
| Percentage of the Accumulated Losses out of the Capital (%) | 26.70 % |
| Major Reasons Leading to the Losses | The main reason is due to the fixed and idle farm costs incurred during the year, with provisions totaling SAR 8.77 million during the period, of which SAR 7.57 million is for the impairment of non-financial assets and SAR 1.67 million is for inventory provisions, along with increased consulting expenses related to the capital restructuring initiative, as well as a decrease in wholesale activities and the closure of a number of retail stores. |
| Application of the Procedures and Instructions | Procedures and Instructions Applicable on Companies Listed in Saudi Capital Market Whose Accumulated Losses Reach 20% or more out of the Capital Thereof will be Applied |