Element List	Explanation
Date of Announcement of the Award	2025-04-21 Corresponding to 1446-10-23
Contract Subject Matter	Services contract for Mangrove Program,2025.
The Entity with Which the Contract was Signed	THE RED SEA DEVELOPMENT COMPANY
Date of Signing the Contract	2025-04-21 Corresponding to 1446-10-23
Contract Value	More than 45% from the last year revenue
Contract Details	plantation of 2 million mangroves in Red Sea area.
Contract Duration	To be completed by September 2026.
Financial Impact and the Relevant Period	The company expects the financial impact of signing the contract to be reflected in increased revenues in 2025 and 2026.
Related Parties	There are no related parties.
Additional Information	The company confirms that the Project was awarded within the normal course of business and did not include any preferential benefits.