NAMA Chemicals Co. Announces an update the latest developments in the company’s announcement that it has received a notice of violation from the Saudi Industrial Development Fund regarding a loan to Jubail Chemical Industries Company (JANA) one of the subsidiaries

The company contacted the Saudi Industrial Development Fund (SIDF) on 25/12/2025 to request a deferment for repayment, and the Fund approved granting the company a repayment extension until the end of February 2026.

Furthermore, Jubail Chemical Industries Company (JANA) received on 16/02/2026 a notice of seizure and execution issued by the Administrative Execution Court, in relation to the Enforcement request received on 25/12/2025 concerning Loan No. (1501) provided by SIDF, in the amount of SAR 139,873,000.

The company would like to clarify that it has been in contact with SIDF since 25/12/2025 to request a repayment deferment, and the Fund approved granting the company an extension until the end of February 2026.

It is also worth noting that the company has received an official notice from SIDF indicating preliminary approval for the rescheduling of the above-mentioned loan, and negotiations with the Fund are still ongoing in this regard.

The company confirms that it is continuously monitoring this matter and taking the necessary measures to address the related financial obligations, as part of its plans to manage its financial commitments and maintain the continuity of its operations.

The financial impact and any material developments in this regard will be disclosed later.