| Introduction | Electric grid connection project |
| Date of Announcement of the Award | 2026-03-05 Corresponding to 1447-09-16 |
| Contract Subject Matter | Electric grid connection project |
| The Entity with Which the Contract was Signed | Sinoma International Engineering Limited for Contracting Company |
| Date of Signing the Contract | 2026-03-05 Corresponding to 1447-09-16 |
| Contract Value | SAR 48,930,000 |
| Contract Details | The contract was signed with Sinoma International Engineering Limited for Contracting Company to implement the electrical grid interconnection project under the Liquid Fuel Displacement Program to complete the electrical service delivery of the Company's Plant in Sultana on a turnkey contract. |
| Contract Duration | Eight (08) months |
| Financial Impact and the Relevant Period | The project will contribute to reducing emissions from electricity generation within the Company's facilities and increasing the operational reliability of the electrical grid without a material financial impact on the Company. |
| Related Parties | None |
| Additional Information | The project aims to enhance energy efficiency, enhance environmental sustainability and contribute to supporting the Kingdom's Vision 2030 in addition to achieving the objectives of the Liquid Fuel Displacement Program supported by the Ministry of Industry and Mineral Resources. |