| Introduction | Keir International Company announces the signing of a strategic cooperation agreement with Metsco Heavy Steel Industries Company, with the objective of collaborating in the execution of a number of infrastructure projects undertaken by Keir International within the Kingdom of Saudi Arabia. |
| Date of Announcement of the Award | 2026-06-21 Corresponding to 1448-01-06 |
| Contract Subject Matter | Strategic cooperation agreement to support the execution of a number of infrastructure projects in the Kingdom of Saudi Arabia. |
| The Entity with Which the Contract was Signed | Metsco Heavy Steel Industries Company |
| Date of Signing the Contract | 2026-06-21 Corresponding to 1448-01-06 |
| Contract Value | Total value of SAR 130,000,000 (One Hundred Thirty Million Saudi Riyals). |
| Contract Details | Under this agreement, Metsco will provide procurement, execution, operational support, subcontractor management, logistical and technical support, and other auxiliary services required for the implementation of infrastructure projects. |
| Contract Duration | One calendar year. |
| Financial Impact and the Relevant Period | The agreement is expected to enhance the Company's execution capabilities, improve supply chain management efficiency, and accelerate the implementation of infrastructure projects related to electrical works. Any material financial impact resulting from this agreement will be announced in due course in accordance with the relevant regulatory requirements. |
| Related Parties | N/A |
| Additional Information | This agreement represents a strategic framework for cooperation between the two parties to support the execution of the Company's current projects. At this stage, the agreement does not result in any independently measurable financial impact. The Company will disclose any material developments or future financial effects in accordance with the applicable laws, regulations, and instructions. |