Advanced Building Industries Company "Senaat" announces the latest developments regarding the appeal filed by MEDAD Real Estate Company against one of its subsidiaries.

Element List	Explanation
Introduction	With reference to the company's announcement published on the Tadawul on 19/04/2026 regarding a case filed against one of its subsidiaries and the issuance of a preliminary ruling in favor of (Zamil Air Conditioning and Refrigeration Services) subsidiary of Zamil Air Conditioners Holding Company a subsidiary of "Senaat" Company, and as we received a notice on 21/05/2026 from the Second Circuit of the Commercial Court, Dammam, regarding MEDAD Real Estate Company appeal of the preliminary ruling and a scheduled session.
Previous Announcement	Advanced Building Industries Company “SENAAT” Announces a case against a subsidiary of the company
Date of Previous Announcement on Saudi Exchange’s Website	2026-04-19 Corresponding to 1447-11-02
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	MEDAD Real Estate Company has requested that the initial ruling be overturned and that a judgment be issued in their favor for lost profits, according to their claim. “Senaat” Company states that its assessment of the company's strong legal position remains unchanged, and that the outcome is positive and strengthens the group's legal standing, reflecting the strength of its governance framework and legal rule.
Reasons For The Delay on The Date of The Event Previously Announced	There is no delay, as the Company is continuously monitoring developments in this regard and will promptly announce any material developments to the shareholders.
The costs associated with the event, and if they have changed or not with indication of the reasons.	No costs have been incurred in relation to this event during the current period. Any financial impact, if any, will be disclosed in due course.
Delay consequences on the Company’s financial results	N/A