| Introduction | Electrical Industries Company announces that two of its subsidiaries, (WESCOSA and Saudi Transformers Co.) have signed agreements with Saudi Electricity Co., for the supply of electrical equipment. |
| Date of Announcement of the Award | 2025-09-16 Corresponding to 1447-03-24 |
| Contract Subject Matter | Supply of electrical equipment. |
| The Entity with Which the Contract was Signed | Saudi Electricity Co. |
| Date of Signing the Contract | 2025-09-16 Corresponding to 1447-03-24 |
| Contract Value | Approximately SAR 198.5 million (Excluding VAT). |
| Contract Details | According to the agreements, EIC, through its subsidiaries, will supply electrical distribution transformers to Saudi Electricity Co., based on purchase orders issued by SEC. |
| Contract Duration | 19 Months |
| Financial Impact and the Relevant Period | It is expected that the agreements will have a positive financial impact on the Company’s financial results for the years 2025 - 2027. |
| Related Parties | None |
| Additional Information | It is important to note that the agreements are binding to Electrical Industries Company subsidiaries and not binding to Saudi Electricity Co. |