Element List	Explanation
Introduction	The National Gypsum Company announces that the Board of Directors has issued a resolution on December 30, 2025, approving the adoption of the fair value model for measuring investment properties.
Date of issuance of the company’s board resolution	2025-12-30 Corresponding to 1447-07-10
Expected financial impact on the net assets	The net assets of the company are expected to be positively impacted after applying this model, with an estimated increase of approximately 250 million Saudi Riyals. It is important to note that the actual financial impact on the net assets will be determined through the valuation process within the financial statements ending on March 31, 2026.
Start date of the expected financial impact	Effective from the financial statements for the period ending March 31, 2026.
Additional Information	The use of the new accounting policy will not cause cash flow within the company