Element List	Explanation
Introduction	In reference to the company announcement regarding the awarding of the contract dated 05/10/2025 corresponding to 13/04/1447H, Alkhorayef Water and Power Technologies Co. announces the signing of a Contract for Operation and Maintenance of Water Networks, Pump Stations, Wells, Tanks and their related facilities in Tabuk City.
Date of Announcement of the Award	2025-10-05 Corresponding to 1447-04-13
Contract Subject Matter	Operation and Maintenance of Water Networks, Pump Stations, Wells, Tanks and their accessories in Tabuk City
The Entity with Which the Contract was Signed	National Water Company
Date of Signing the Contract	2026-01-12 Corresponding to 1447-07-23
Contract Value	43,354,500.00 Saudi Riyal excluding VAT
Contract Details	Alkhorayef Water and Power Technologies Co. will perform the operation and maintenance of water networks, pump stations, wells, tanks and their accessories in Tabuk City.
Contract Duration	36 Months
Financial Impact and the Relevant Period	The financial impact began in the fourth Quarter of 2025
Related Parties	N/A
Additional Information	Alkhorayef Water and Power Technologies Co. received the agreement today, Monday, 12/01/2026, corresponding to 23/07/1447H. after it was signed by all parties, so accordingly disclosed.