Scientific & Medical Equipment House Co. Announces the Award of a Project with the Ministry of Health – Asir Health Cluster in the Amount of (199,749,695.80) SAR

Element List	Explanation
Introduction	Scientific & Medical Equipment House Co. Announces the Award of the Project for the Maintenance and Repair of Medical Devices and Equipment for Hospitals and Healthcare Centers in the Asir Region with the Ministry of Health – Asir Health Cluster.
Date of Award	2026-07-26 Corresponding to 1448-02-12
Counterparty	Ministry of Health – Asir Health Cluster
Project Value	An amount of SAR (199,749,695.80) Saudi Riyals One Hundred Ninety-Nine Million Seven Hundred Forty-Nine Thousand Six Hundred Ninety-Five and Eighty Halalas Only, inclusive of Value Added Tax (VAT).
Project Details	Maintenance and Repair of Medical Devices and Equipment for Hospitals and Healthcare Centers in the Asir Region with the Ministry of Health – Asir Health Cluster, in the amount of SAR (199,749,695.80) Saudi Riyals One Hundred Ninety-Nine Million Seven Hundred Forty-Nine Thousand Six Hundred Ninety-Five and Eighty Halalas Only, inclusive of Value Added Tax (VAT), with a contract duration of (5) years.
Related Parties	No related parties
Additional Information	The financial impact of the project is expected to commence during the fourth quarter of the fiscal year 2026G. The Company confirms that the award decision does not give rise to any legal or financial obligations on either party unless and until the contract is duly executed by all parties. The Company further reserves all of its legal rights. Any material developments in this regard will be announced in due course in accordance with the applicable laws and regulations.