| Element List | Explanation |
|---|---|
| Introduction | Further to the Company’s previous announcement on the Tadawul website regarding the contract signed by its subsidiary )Al Yamamah Company for Reinforcing Steel Bars (a closed joint-stock company with an independent legal personality) for the manufacturing, supply, and installation of steel billet production equipment and noting that the counterparty was previously identified as a "Specialized European Company" the designation has been amended to "Italian Danieli company" . |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2026-07-15 Corresponding to 1448-02-01 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | The entity with which the contract was signed is identified as "Italian Danieli company" instead of "a specialized European company" Please be advised that the previous announcement-published in accordance with disclosure and transparency requirements and best practices regarding the disclosure of all material and financial information related to the contract-was made while adhering to disclosure limits designed to protect trade secrets and competitive advantages, the disclosure of which could harm the interests of the Company and its shareholders, as assessed by the subsidiary. |
| Financial Impact on the change | Not applicable |