Qassim Cement Company announces that it has received a notice from Saudi Aramco indicating adjustments to the prices of fuel products.

The company would like to clarify to its distinguished shareholders that this adjustment will have a financial impact on the cost of production starting from the first quarter of 2026. We are currently in the process of calculating the anticipated financial impact, and the results will be announced upon completion of the assessment.

It is worth noting that the company joined the industrial sector competitiveness program since beginning of year 2024, which will contribute to reducing the financial impact and improving energy consumption efficiency, and the company reaffirms its full commitment to implementing the best available procedures and practices to enhance the efficiency of its operations and develop them in a responsible and sustainable manner, as well as maximizing the benefits of the competitive infrastructure available in the Kingdom to achieve its strategic objectives and safeguard its shareholders' rights.