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| Announcement Detail | Based on the resolution of the Board of Directors of Academy of Learning Co., the company announces the establishment of a (non-profit) foundation under the name “Academy of Learning Foundation for Community Development.” The foundation aims to support development initiatives by qualifying and training members of the community and enabling them to enter the labor market, enhancing beneficiaries’ readiness through the development of productive and professional skills, building specialized competencies, and supporting and empowering craftspeople and productive families in a manner that contributes to achieving self-sufficiency. The foundation also seeks to raise community awareness of the importance of on-the-job training and vocational qualification, under the supervision of the Ministry of Human Resources and Social Development. This step comes as part of the company’s strategy to enhance sustainability and social responsibility, support human capacity development, and achieve a positive social impact in line with the objectives of Saudi Vision 2030. |