Element List	Explanation
Introduction	Saudi Kayan Petrochemical Company (Saudi Kayan) announces that its accumulated losses have reached 35.59% of its share capital of SAR 15,000 million, based on the current unaudited financial results for May 2025, which were closed in 15 June 2025 (corresponding to 19 Zo Al-Hejja 1446H)
Date of Realization of the Loss	2025-05-31 Corresponding to 1446-12-04
Amount of the Accumulated Losses	Saudi Riyals 5,338.5 million
Percentage of the Accumulated Losses out of the Capital (%)	35.59 %
Major Reasons Leading to the Losses	The losses were mainly due to decline in profit margins as a result of the decrease in average product prices which was impacted by the slow global economy growth and the increase in the cost of production inputs
Measures to be Taken by the Company in Regard to Such Losses	The company will continue working to improve production efficiency and reduce costs through the initiatives and programs that have been approved and are currently being implemented, which will contribute to reduce costs and increase revenue to achieve the company’s goals and strategies
Application of the Procedures and Instructions	Procedures and Instructions Applicable on Companies Listed in Saudi Capital Market Whose Accumulated Losses Reach 20% or more out of the Capital Thereof will be Applied
Reference to additional procedures or instructions	Not applicable
Additional Information	It is worth noting that the company refinanced the Islamic Murabaha loans amounting to SAR 8.1 billion on Sunday 16-09-1446H corresponding to 16-03-2025G with several local banks. The refinancing agreement included replacing existing debts with new financing to achieve several strategic objectives most notably sustainable financial planning by maximizing cash liquidity, supporting the financial position, providing greater financial flexibility. It will also improve financial solvency, which will help maximize shareholders value