| Element List | Explanation |
|---|---|
| Introduction | Further to the announcement of Ratio Speciality Company for Trading published on the Saudi Exchange (Tadawul) website dated 19/07/1447H, corresponding to 08/01/2026G, which included the announcement of signing five memoranda of understanding with a number of tourism institutions, Ratio Speciality Company for Trading would like to clarify that the aforementioned memoranda of understanding do not result in any financial impact and do not involve any related parties. The Company also confirms that the timing of the announcement came after ascertaining the nature of these memoranda and the absence of any financial impact or material obligations arising therefrom, as they were entered into for the purpose of establishing qualitative partnerships aimed at supporting and developing cultural and tourism content, and aligning with national directions aimed at developing the tourism sector as one of the priority sectors within the economic diversification pathway |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2026-01-08 Corresponding to 1447-07-19 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | Clarification regarding the absence of any financial impact and the non-existence of any related parties |
| Financial Impact on the change | There is no financial impact. |
| Additional Information | N\A |