Shalfa Facilities Management Co. Announces Contract Sign Off with Zakat, Tax and Customs Authority

Shelfa Facilities Management Co. signed a 12-month contract with the Zakat, Tax and Customs Authority on July 28, 2026, to provide security services for headquarters, residential cities, and administrative offices across Saudi Arabia.
The total contract value is 35,999,549.40 SAR (including VAT), with Shelfa Facilities Management Company holding a 50% share of the project in partnership with Shelfa Global Security.
The financial impact of the contract is expected to appear in the company's financial results starting from the second half of 2026.
Board members Mr. Abdullah Mohammed Al Ibrahim (Chairman) and Mr. Fahd Mohammed Al Ibrahim (Vice Chairman) have disclosed indirect interests in the deal due to their relationship with Shalfa Global Security Services.

Element List	Explanation
Introduction	Referring to the announcement by Shelfa Facilities Management Company published on the Saudi Tadawul website on 07/02/2026 about awarding a project with the Zakat, Tax and Customs Authority in partnership with Shelfa Global Security for carrying out the security services project for the main headquarters, residential cities, and administrative offices at the branches and outlets across several locations in the Kingdom of Saudi Arabia under the Zakat, Tax and Customs Authority.
Date of Announcement of the Award	2026-07-02 Corresponding to 1448-01-17
Contract Subject Matter	Providing security guards for headquarters, residential cities, and administrative offices at entrances and branches in several locations across Saudi Arabia.
The Entity with Which the Contract was Signed	Zakat, Tax and Customs Authority
Date of Signing the Contract	2026-07-28 Corresponding to 1448-02-14
Contract Value	35,999,549.40 riyals including VAT. Shelfa Facilities Management Company's share will be 50% of it.
Contract Details	Providing security guards for headquarters, residential cities, and administrative offices at entrances and branches in several locations across Saudi Arabia.
Contract Duration	12 months
Financial Impact and the Relevant Period	The financial impact of the contract is expected to start showing in the company's financial results from the second half of 2026.
Related Parties	Chairman of the Board Mr. Abdullah Mohammed Al Ibrahim Vice Chairman of the Board Mr. Fahd Mohammed Al Ibrahim An indirect interest due to their relation to the owner of Shalfa Global Security Services
Additional Information	The company confirms that the solidarity was within the normal course of business and according to prevailing commercial terms, without any preferential conditions.