Albattal Factory for Chemical Industries Co. Announces an update on Announcement from Al Battal Chemical Industries Company regarding a small fire in one of the factory's facilities

The letter included the results of the assessment of the insured losses covered in accordance with the terms and conditions of the insurance policy.**

Based on the approved assessment, the net entitled amount amounted to SAR 21,829,308. The Company has received an advance payment of SAR 6,000,000, resulting in a remaining net entitled amount of SAR 15,829,308 according to the assessment.

The letter also indicated that the final settlement of the remaining amount is subject to the completion of the required technical requirements and supporting documentation in accordance with the terms of the insurance policy, including evidence of the commencement of rehabilitation and repair works.

The company also affirms its full commitment to implementing the highest standards of risk management and safety, and continues its efforts to enhance operational sustainability and safeguard the interests of its shareholders.