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Element List	Explanation
Introduction	Mayar Holding Company announces that its two subsidiaries, Gulf Elevators & Escalators Company and Jedaya Investment Company, have signed two facility agreements provided by The Saudi Awwal Bank (SAB) with a total amount of SAR 87,987,538 to reschedule existing short-term facilities and convert them into non-revolving long-term facilities compliant with Islamic Shariah principles, repayable in 30 quarterly installments and the last installment due on 31 May 2033 (7 and a half years’ door to door ).
Date of singing the rescheduling of finance	2025-12-29 Corresponding to 1447-07-09
Financing entity	The Saudi Awwal Bank (SAB)
Reasons for rescheduling	Rescheduling the existing facilities to convert them from short-term facilities into long-term facilities.
The Financing amount and rescheduled part	SAR 87,987,538, fully rescheduled.
Financing Duration, before and after Rescheduling	- Before rescheduling: Maturing on 31/12/2025 - After rescheduling: 7 and a half years’ door to door, repayable in 30 quarterly installments, with the first installment due on 28 February 2026 and the last installment due on 31 May 2033.
Guarantees offered for the rescheduled Financing	Mortgage over real estate deeds – Promissory note – Joint and several guarantee – Corporate guarantees.
Related Parties	None
Additional Information	This rescheduling aims to reduce current liabilities and improve working capital of the two subsidiaries, which is expected to have a positive impact on the operating activities.

Mayar Holding Company announces that two of its subsidiaries have rescheduled short-term facilities provided by The Saudi Awwal Bank (SAB) into long-term facilities compliant with Islamic Shariah principles.