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Element List	Explanation
Introduction	Theeb Rent a Car Company announces the signing of a long-term Vehicle leasing services contract valued at a total of 110,400,000 Saudi Riyals with HungerStation Company This contract falls within the expansion plan of Theeb Rent a Car Company, which is based on solid strategic plans and aims to stimulate operational growth in addition to providing high-quality services to commercial partners and government entities and companies.
Date of Announcement of the Award	2025-12-18 Corresponding to 1447-06-27
Contract Subject Matter	Vehicles leasing contract between Theeb Rent a Car Company and HungerStation Company
The Entity with Which the Contract was Signed	HungerStation Company
Date of Signing the Contract	2025-12-18 Corresponding to 1447-06-27
Contract Value	110,400,000 Saudi Riyals
Contract Details	A contract for leasing 2,000 vehicle by Theeb Rent a Car Company to HungerStation Company for a period of 4 years, starting from 2026, The vehicles will be delivered in batches within the first six months from the contract starting date, taking into consideration the global logistical circumstances and procedures beyond the control of the agents and the company.
Contract Duration	Four years.
Financial Impact and the Relevant Period	This contract will have a positive impact on the financial statements during the contract period starting from the first quarter of 2026.
Related Parties	None

Theeb Rent a Car Co. Announces Contract Sign Off with HungerStation Company