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Element List	Explanation
Introduction	Reference to the Northern Region Cement Co’s announcement dated 22/11/1445 AH (corresponding to 30/05/2024 AD) regarding the award of a project to establish a line with a production capacity of 1,320,000 tons of cement annually in the Republic of Iraq with the Sinoma Overseas Development Co at a value of $188 million nd with deferred payment terms and periods for 12 years after the operation and commencement of the production line (“the project”).
Previous Announcement	Northern Region Cement Co. announced its signature of an agreement with the Sinoma Overseas Development Co.
Date of Previous Announcement on Saudi Exchange’s Website	2024-05-30 Corresponding to 1445-11-22
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Northern Region Cement Co. announced its Regarding the postponement of the financial impact from the first quarter of 2026 to the second half of 2026.
Reasons For The Delay on The Date of The Event Previously Announced	As a result of the fact that Sinoma Overseas Development Co was not able to take possession of the project land until 26/12/2024 AD, due to regulatory procedures in the Republic of Iraq, there will be a delay in reflecting the financial impact related to the project.
The costs associated with the event, and if they have changed or not with indication of the reasons.	Not Applicable (N/A). (no costs associated with the event)
Delay consequences on the Company’s financial results	The financial impact will be postponed to the second quarter of the year 2026, and the Northern Region Cement Co. will announce the financial impact later and any developments in this regard in due course.

Northern Region Cement Co. Announces an update on Northern Region Cement Co. announced its signature of an agreement with the Sinoma Overseas Development Co.