| Element List | Explanation |
|---|---|
| Introduction | SAL Saudi Logistics Services (“SAL” or “the Company”) under the SAL Ground Handling Division is pleased to announce the signing of an agreement with S.F. Airlines Co. LTD, one of China’s leading cargo airlines, to provide comprehensive integrated solutions covering air cargo ground handling services. |
| Date of Announcement of the Award | 2026-07-09 Corresponding to 1448-01-24 |
| Contract Subject Matter | Signing an agreement to provide integrated solutions encompassing air cargo ground handling services. |
| The Entity with Which the Contract was Signed | S.F. Airlines Co., LTD |
| Date of Signing the Contract | 2026-07-09 Corresponding to 1448-01-24 |
| Contract Value | There is no set value; services are paid for on demand and in accordance with the prices specified in the Agreement. |
| Contract Details | Under this agreement, SAL will provide comprehensive operational services ensuring the seamless flow of S.F. Airlines. These services include, among others, cargo ground handling, aircraft loading and offloading, and other ramp operations for flights operated. The agreement supports SAL’s strategy to expand its international airline customer base and strengthen connectivity with the fast-growing Asian air cargo market. |
| Contract Duration | A Yearly Renewable Agreement |
| Financial Impact and the Relevant Period | The agreement is expected to have a positive impact on the Company's financial results over the duration of the agreement. |
| Related Parties | No Related Parties involvement |
| Additional Information | For any further inquiries, please contact the Investor Relations Department at the email: Investor.Relations@sal.sa |