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Element List	Explanation
Introduction	With reference to the announcement by Mayar Holding Company on the Tadawul website dated 22/06/2025 regarding one of its subsidiaries, NewPlast Co., signing a memorandum of understanding with Shenzhen Avants Sports Industrial Co. “Avants Sports”, with the aim of manufacturing plastic chairs for sports stadiums with various specifications and international standards.
Previous Announcement	Mayar Holding Company announces that one of its subsidiaries, NewPlast Co., has signed a two-year memorandum of understanding with Avant Sports.
Date of Previous Announcement on Saudi Exchange’s Website	2025-06-22 Corresponding to 1446-12-26
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	The two parties agreed to terminate the memorandum of understanding dated 19-06-2025 The termination effective December 6, 2025.
Reasons For The Delay on The Date of The Event Previously Announced	N/A
The costs associated with the event, and if they have changed or not with indication of the reasons.	N/A
Delay consequences on the Company’s financial results	N/A

Mayar Holding Co. Announces an update on Mayar Holding Company announces that one of its subsidiaries, NewPlast Co., has signed a two-year memorandum of understanding with Avant Sports.