Service Equipment Co. Announces agreement Sign Off with Valvoline Arabia Lubricants Company

Element List	Explanation
Introduction	Service Equipment Company announces the signing of a supply agreement with the Valvoline Arabia Lubricants Company
Date of Announcement of the Award	2026-07-15 Corresponding to 1448-02-01
Contract Subject Matter	A supply agreement under which Service Equipment Company is appointed as a supplier to provide automotive maintenance equipment to Valvoline Arabia Lubricants Company.
The Entity with Which the Contract was Signed	Valvoline Arabia Lubricants Company
Date of Signing the Contract	2026-07-15 Corresponding to 1448-02-01
Contract Value	The value of the agreement is subject to the volume and value of products supplied under purchase orders issued during the term of the agreement.
Contract Details	Under this Agreement, Service Equipment Company shall act as the supplier for the provision of equipment to Valvoline Arabia Lubricants Company. The scope of supply includes automotive maintenance equipment, including oil service equipment and its accessories, such as tanks, pumps, hose reels, and other related equipment. The Agreement also extends to include installation and commissioning services, ensuring that the equipment is fully operational and performs efficiently.
Contract Duration	Starting from the agreement signing date of July15, 2026, the agreement shall be valid for a period of 12 months and shall be automatically renewed thereafter.
Financial Impact and the Relevant Period	This Agreement is entered into as part of the Company's strategy to strengthen its market presence, enhance its competitive capabilities, and expand its footprint within the Saudi Arabian market.
Related Parties	N/A