premargin

Element List	Explanation
Announcement Detail	Saudi Fisheries Company wishes to inform its valued shareholders that its Board of Directors, in its decision dated May 4, 2026, approved the closure of five (5) retail showrooms in Riyadh. This decision aims to assess the company's situation and restructure it as part of management's plan to review its operational strategy and focus on core activities with higher economic viability. This will contribute to reducing financial burdens and enhancing the company's financial position. It should be noted that there are no negative consequences resulting from the decision to cease operations, and the financial impact will reduce operating losses starting in 2026. Any material developments regarding this decision will be announced in due course, in accordance with applicable regulations and bylaws.

Element List

Explanation

Announcement Detail

Saudi Fisheries Company wishes to inform its valued shareholders that its Board of Directors, in its decision dated May 4, 2026, approved the closure of five (5) retail showrooms in Riyadh. This decision aims to assess the company's situation and restructure it as part of management's plan to review its operational strategy and focus on core activities with higher economic viability. This will contribute to reducing financial burdens and enhancing the company's financial position.

It should be noted that there are no negative consequences resulting from the decision to cease operations, and the financial impact will reduce operating losses starting in 2026. Any material developments regarding this decision will be announced in due course, in accordance with applicable regulations and bylaws.

Saudi Fisheries Company announces the closure of its retail showroom branches