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Element List	Explanation
Introduction	SAL Saudi Logistics Services Company ("SAL" or "the Company"), through its SAL Logistics Division, is pleased to announce the signing of an agreement with the Saudi Motorsports Company ("SMC") to provide logistics services including land, air, and sea freight, customs clearance, seaport facilitation and airport operations, in order to support the organization of related events and activities.
Date of Announcement of the Award	2026-01-29 Corresponding to 1447-08-10
Contract Subject Matter	An agreement for providing logistics services including land, air and sea freight, customs clearance, seaport facilitation and airports operation, in order to support the organization of related events and activities.
The Entity with Which the Contract was Signed	Saudi Motorsport Company ("SMC")
Date of Signing the Contract	2026-01-29 Corresponding to 1447-08-10
Contract Value	The final value of the Agreement is based on the demand for services at the prices specified in the Agreement.
Contract Details	Under this agreement, SAL Saudi Logistics Services Company will provide a comprehensive suite of logistics solutions to Saudi Motorsport Company ("SMC") to support the planning, execution, and management of motorsport related events and activities across the Kingdom of Saudi Arabia. The scope of services includes Land, Air and Sea Freight Services, Customs Clearance Services, Airport Operations Support, and the On site Logistics Coordination during motorsport events, including venue to venue movement.
Contract Duration	2 Years
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

SAL Saudi Logistics Services Co. Announces the Signing of an Agreement with Saudi Motorsport Company