| Introduction | Referring to the announcement by Shalfa Facilities Management Company posted on the Saudi Tadawul website on 14/06/2026 regarding the receipt of an award notice from Tatweer Company for Buildings to carry out cleaning, maintenance, and concierge services for school buildings in the Qassim region, this work order falls under the framework agreement announced for awarding on 03/04/2025 for integrated facilities management services for school buildings and private institutes in the Central Region (Qassim area). The signing of the framework agreement with Tatweer Company was announced on 29/04/2025. |
| Date of Announcement of the Award | 2026-06-14 Corresponding to 1447-12-28 |
| Contract Subject Matter | Carrying out cleaning, maintenance, and janitorial services for school buildings in the Qassim region, under the framework agreement for integrated facility management services for school buildings and private institutes in the central region (Qassim region). |
| The Entity with Which the Contract was Signed | Building Development Company |
| Date of Signing the Contract | 2026-07-07 Corresponding to 1448-01-22 |
| Contract Value | (Excluding VAT) 366,489,869.00 |
| Contract Details | Carrying out cleaning, maintenance, and janitorial services for school buildings in the Qassim region, under the framework agreement for integrated facility management services for school buildings and private institutes in the central region (Qassim region). |
| Contract Duration | 26 months |
| Financial Impact and the Relevant Period | The financial impact of the work order is expected to show up in the company's financial results starting in the second half of 2026. |
| Related Parties | None |
| Additional Information | The company would like to clarify that it received the signed copy of the work order on Wednesday, 15/07/2026. |