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Element List	Explanation
Announcement Detail	Saudi Ceramics Company announces the completion of the procedures to convert the Desert Mines branch, which specializes in mining activities, quarry operations, and the processing of industrial raw materials, into a closed joint-stock company (single shareholder), wholly owned by Saudi Ceramics Company with a 100% ownership stake, following the fulfillment of all regulatory requirements and the receipt of the necessary approvals from the relevant regulatory authorities. This transformation comes as part of the Company’s strategy aimed at enhancing operational efficiency, supporting sustainable growth, and creating added value for the Company and its shareholders. It also falls within the Company’s plan to restructure its operating segments in a manner that strengthens focus on its core activities and improves governance and management efficiency. This step reflects the importance of the mining sector as one of the strategic sectors in the Kingdom of Saudi Arabia, given its pivotal role in supporting industrial supply chains, enhancing local content, and capitalizing on the promising opportunities available in this vital sector, in line with the objectives of Saudi Vision 2030 aimed at maximizing the utilization of mineral resources. The Company confirms that this procedure will not result in any material financial impact on its financial results.

Element List

Explanation

Announcement Detail

Saudi Ceramics Company announces the completion of the procedures to convert the Desert Mines branch, which specializes in mining activities, quarry operations, and the processing of industrial raw materials, into a closed joint-stock company (single shareholder), wholly owned by Saudi Ceramics Company with a 100% ownership stake, following the fulfillment of all regulatory requirements and the receipt of the necessary approvals from the relevant regulatory authorities.

This transformation comes as part of the Company’s strategy aimed at enhancing operational efficiency, supporting sustainable growth, and creating added value for the Company and its shareholders. It also falls within the Company’s plan to restructure its operating segments in a manner that strengthens focus on its core activities and improves governance and management efficiency. This step reflects the importance of the mining sector as one of the strategic sectors in the Kingdom of Saudi Arabia, given its pivotal role in supporting industrial supply chains, enhancing local content, and capitalizing on the promising opportunities available in this vital sector, in line with the objectives of Saudi Vision 2030 aimed at maximizing the utilization of mineral resources.

The Company confirms that this procedure will not result in any material financial impact on its financial results.

Saudi Ceramic Company announces the completion of the procedures to convert the Desert Mines Branch into a single-person closed joint-stock company.