Element List	Explanation
Introduction	With reference to the announcement of the Saudi Industrial Export Company (SIEC) dated 19/06/1447H corresponding to 10/12/2025G regarding the receipt of a notification from the manager of the FAAD Industrial Fund stating that the offering period of the Fund had ended without raising the minimum required capital to launch and operate the Fund, and that due to the incomplete subscription the offering was cancelled in accordance with the applicable provisions of the Investment Funds Regulations, and further noting the Fund Manager’s response offering the opportunity to reinvest in the Fund should Saudi Industrial Export Company wish to do so;
Previous Announcement	Announcement by the Saudi Industrial Export Company (SIEC) regarding the latest developments of its previous announcement on the signing by its subsidiary, Haddaj Investment Company, of a non-binding Memorandum of Understanding with Nama Chemicals Company to acquire a stake in the share capital of Jubail Chemical Industries Company (JANA), one of the subsidiaries of Nama Chemicals Company.
Date of Previous Announcement on Saudi Exchange’s Website	2025-12-10 Corresponding to 1447-06-19
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	The Saudi Industrial Export Company (SIEC) announces that, after conducting the feasibility study and due diligence, the Board of Directors has decided to forgo this investment.
Reasons For The Delay on The Date of The Event Previously Announced	NONE
The costs associated with the event, and if they have changed or not with indication of the reasons.	NONE
Delay consequences on the Company’s financial results	NONE
Additional Information	NONE