Element List	Explanation
Introduction	Arabian Internet and Communications Services Company (solutions) announces the signing of a contract with Saudi Telecom Company (stc) (Related Party) for renewing AI software and digital solutions licenses to ensure continuity of system operations.
Date of Announcement of the Award	2026-07-27 Corresponding to 1448-02-13
Contract Subject Matter	Renewing AI software and digital solutions licenses
The Entity with Which the Contract was Signed	Saudi Telecom Company (stc)
Date of Signing the Contract	2026-07-27 Corresponding to 1448-02-13
Contract Value	SAR 159,713,431.23
Contract Details	Renewing AI software and digital solutions licenses to ensure continuity of system operations.
Contract Duration	3 years
Financial Impact and the Relevant Period	The financial impact on the company's financial statements will appear starting from the 3rd quarter of the year 2026.
Related Parties	stc which considered the largest shareholder with an ownership of 79% of solutions shares.