| Introduction | Referring to the announcement of Twareat Medical Care Co. dated 02-06-1447H corresponding to 23-11-2025G regarding filing of a legal claim against the Saudi Basic Industries Corporation (SABIC), seeking compensation for financial differences resulting from the failure to provide the minimum number of test requests contractually agreed upon between the two parties during the period from 2019 to 2024, with a total claimed amount of SAR 34,505,037 (inclusive of VAT). |
| Previous Announcement | Twareat Medical Care Co. announces the filing of a lawsuit against the Saudi Basic Industries Corporation (SABIC). |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-11-23 Corresponding to 1447-06-02 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | An official notice was received today, 05/06/1447H corresponding to 26/11/2025G, from the external counsel appointed for the case. The notice states that, following the closure of pleadings and subsequent deliberation, the panel ruled that the commercial courts lack subject‑matter jurisdiction to hear this claim. |
| Reasons For The Delay on The Date of The Event Previously Announced | N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
| Delay consequences on the Company’s financial results | N/A |
| Additional Information | The company will disclose the grounds of the judgment upon receipt of the judgment deed from the panel, together with any other material developments related to this matter. |