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Al Taiseer Group Talco Industrial Co. Board approved the acquisition of a 60% stake in Eastern Aluminum Extrusion Factory on February 12, 2026.
The company reached a preliminary agreement to proceed with due diligence procedures and the signing of a formal purchase agreement.
The transaction is contingent upon the results of feasibility studies and a fair value determination by a financial advisor yet to be appointed.
There are no reported related parties or material conditions currently affecting the proposed purchase price.

Element List	Explanation
Previous Announcement	Al- Taiseer Group TALCO Industrial Company announces the signing of a memorandum of understanding with Eastern Aluminum Extrusion Factory.
Date of Previous Announcement on Saudi Exchange’s Website	2025-11-24 Corresponding to 1447-06-03
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Talco Group announces that it has reached a preliminary agreement with Eastern Aluminum Extrusion Factory.to proceed with the necessary due diligence procedures by Talco's advisors. - Talco's Board of Directors approved on February 12, 2026, the completion of the acquisition process and all related studies and procedures to finalize the transaction, leading to the signing of a purchase agreement with the owners of Eastern Aluminum Extrusion Factory to acquire (60%) of the company's share capital. This is contingent upon confirmation of the feasibility studies and the determination of the company's fair value by a financial advisor to be appointed subsequently. It should be noted that there are no related parties, nor any material information or conditions that could affect the purchase price.
The costs associated with the event, and if they have changed or not with indication of the reasons.	There are still supplementary procedures for the event that will be mentioned in a later announcement upon completion of the event.
Additional Information	Any developments in this matter will be announced in due course.

Al Taiseer Group Talco Industrial Co. Announces an update on Al- Taiseer Group TALCO Industrial Company announces the signing of a memorandum of understanding with Eastern Aluminum Extrusion Factory.