| Element List | Explanation |
|---|---|
| Introduction | With reference to the Company’s announcement published on the Saudi Exchange (Tadawul) website dated 05/01/2026, regarding the Company’s receipt of a notice from Saudi Aramco concerning the adjustment of fuel product prices, including Arabian Light crude oil and industrial diesel used in production operations, effective as of 01/01/2026. The Company would like to clarify the expected financial impact of the adjustment in the prices of Arabian Light crude oil and industrial diesel. |
| Previous Announcement | Saudi Ceramic Company announces that it has received a notification from Saudi Aramco regarding an adjustment to fuel product prices. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-01-05 Corresponding to 1447-07-16 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | With reference to the notification issued by Saudi Arabian Oil Company (Saudi Aramco) regarding the adjustment of prices for certain fuel products, the Company has studied the financial impact resulting from these price adjustments on production costs. The following has been determined: The direct financial impact of the increase in the price of Arab Light crude oil used in production operations is limited, and it is not expected to have a material effect on production costs or financial results. This is attributable to the “Industrial Sector Competitiveness Program,” which has contributed to mitigating the financial impact of the increase in Arab Light crude oil prices, and its contribution is expected to continue through 2026. In addition, the impact of the increase in the price of industrial diesel on production costs is limited and not material and is estimated at approximately 0.05%. |
| Reasons For The Delay on The Date of The Event Previously Announced | Not Applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | Not Applicable |
| Delay consequences on the Company’s financial results | Not Applicable |
| Additional Information | The Company affirms its commitment to implementing best practices and procedures to enhance the efficiency of its operations and achieve sustainable growth. It continues to execute its plans aimed at reducing costs and improving operational efficiency, in support of achieving its strategic objectives. |