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Element List	Explanation
Introduction	With reference to Balsm Alofoq Medical Co. announcement published on Tadawul on December 25, 2025, regarding the company's receipt of a letter of award for the operation and maintenance of primary healthcare services – Ras Al-Khair Program in Jubail Industrial City with the Royal Commission in Jubail, the company wishes to announce the signing of the contract with the Royal Commission in Jubail for the implementation of the operation and maintenance of primary healthcare services – Ras Al-Khair Program in Jubail Industrial City.
Date of Announcement of the Award	2025-12-25 Corresponding to 1447-07-05
Contract Subject Matter	Implementation of operation and maintenance works for primary healthcare services – Ras Al-Khair Program in Jubail Industrial City
The Entity with Which the Contract was Signed	Royal Commission in Jubail
Date of Signing the Contract	2026-02-01 Corresponding to 1447-08-13
Contract Value	(71,809,882.21) Seventy-one million eight hundred and nine thousand eight hundred and eighty-two riyals and twenty-one halalas
Contract Details	The company will carry out the operation and maintenance of primary healthcare services – Ras Al-Khair Program in Jubail Industrial City for a period of (5) five years, in accordance with the terms of the contract.
Contract Duration	5 years
Financial Impact and the Relevant Period	The financial impact is expected to have a positive effect on results during the first half of 2026.
Related Parties	nothing

Balsm Alofoq Medical Co. Announces Contract Sign Off with Royal Commission in Jubail