Al-Jouf Cement Company announces the latest developments regarding receiving a notification from Aramco about adjusting the prices of fuel products used in production

The direct financial impact of the increased heavy fuel oil prices used in production operations is estimated at an increase in production costs of approximately 11%.

The increase in diesel fuel prices used in transportation and logistics operations has also resulted in an additional cost increase of approximately 3%.

Consequently, the total estimated increase in production costs is approximately 14%.

The company confirms that it is currently assessing the overall financial impact of these increases on its financial results, in addition to studying possible operational and technical options to mitigate their impact on financial performance. Any material developments in this regard will be disclosed in accordance with applicable regulations and instructions.