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| Announcement Detail | Tabuk Agricultural Development Company (“Tabuk Agricultural”) announces that it has received a notification from Saudi Aramco regarding an adjustment to diesel prices used in the Company’s production operations, effective as of 1 January 2026. The expected financial impact of the increase in diesel prices is an approximate 1.9% increase in the cost of revenues, based on the Company’s latest audited annual financial statements for the year 2024. It is noteworthy that Tabuk Agricultural entered into an agreement during 2025 with the National Electricity Transmission Company (a subsidiary of Saudi Electricity Company) to implement a project for the construction of an electricity transmission substation as part of the Liquid Fuel Displacement Program, in continuation of efforts within the energy system and the environment, water, and agriculture system to achieve the objectives of liquid fuel displacement. This project aims to contribute to reducing emissions resulting from the use of liquid fuel in electricity generation within the Company’s facilities, enhance the reliability of network operational processes, and support the transition to the use of the national electricity grid. |