| Element List | Explanation |
|---|---|
| Introduction | CATRION Catering Holding Company (“CATRION”) announces the signing of a general service agreement for the provision of catering services to patients, their companions, and staff (“Agreement”), with King Faisal Specialist Hospital & Research Center (“KFSHRC”). This Contract comes from the company’s strategic vision to diversify its business and to expand its activities to include health sectors and institutions, and its pioneering role into the healthcare sector according to the highest specifications and standards and within the Company’s efforts to support the sustainability plans and principles on which it works. |
| Date of Announcement of the Award | 2026-03-11 Corresponding to 1447-09-22 |
| Contract Subject Matter | Pursuant the Agreement CATRION will provide KFSHRC with catering service to patients, companions, and staff at King Faisal Specialist Hospital and Research Centre located in Riyadh. |
| The Entity with Which the Contract was Signed | King Faisal Specialist Hospital & Research Center |
| Date of Signing the Contract | 2026-03-11 Corresponding to 1447-09-22 |
| Contract Value | The value of the Agreement amounts to two hundred sixty-two million, twenty thousand, eight hundred fifty-five Saudi Riyals and thirty halalas (SAR 262,020,855.30). |
| Contract Details | Pursuant to the Agreement, CATRION will provide KFSHRC with catering service to patients, companions, and staff at King Faisal Specialist Hospital and Research Centre located in Riyadh. The duration of the Agreement is five Gregorian years to commence from the site handover date. The value of the Agreement amounts to two hundred sixty-two million, twenty thousand, eight hundred fifty-five Saudi Riyals and thirty halalas (SAR 262,020,855.30). |
| Contract Duration | The Agreement duration is five Gregorian years to commence from the site handover date |
| Financial Impact and the Relevant Period | CATRION expects this Agreement to have a positive contribution in its accounts by the second quarter of 2026. |
| Related Parties | NA |