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Element List	Explanation
Introduction	Basma Adeem Medical Company (Smile Care) announces to its valued shareholders the signing of a lease agreement for its fourth branch in Al-Narjis neighborhood in Riyadh for a period of 10 years. The company's expansion into its branches and medical clinics aims to reach a larger segment of customers in different locations and meet the growing demand for healthcare services. The company expects this to be reflected in the growth of its business and the enhancement of its financial performance, thus supporting the company's goals and aspirations.
Date of Announcement of the Award	2026-01-22 Corresponding to 1447-08-03
Contract Subject Matter	Lease of Smile Care's fourth location for Smile Care Clinic in Riyadh, in the Al-Narjis neighborhood, for the purpose of establishing a dental clinic center.
The Entity with Which the Contract was Signed	Al-Ayed Industrial Company
Date of Signing the Contract	2026-01-22 Corresponding to 1447-08-03
Contract Value	Total contract value: SAR 10,554,950, excluding VAT.
Contract Details	Lease contract for a clinic headquarters in Al-Narjis neighborhood, Riyadh, for a period of 10 years, starting from 26-05-2026 and ending on 25-05-2036.
Contract Duration	10 years
Financial Impact and the Relevant Period	Expected financial impact in the fourth quarter of 2026
Related Parties	Nothing

Basma Adeem Medical Co. Announces Contract Sign Off with Al-Ayed Industrial Company