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| Announcement Detail | Sport Clubs Company announces the reopening of its Body Masters Premium club in Riyadh, Shubra district on Wednesday, 1 July 2026 (16/01/1448H), following the successful completion of comprehensive renovation and modernization works carried out under the Company's "ZAD QUWWA" club transformation program. The program is designed to redevelop the Company's existing clubs in line with its modern brand identity and operational standards, enhancing member experience while improving operational efficiency across the club network. The club is located in Shubra District, Riyadh, under the Body Masters Premium brand, with a built-up area of approximately 3,750 square meters. The upgraded facility features enhanced training spaces, modern sports equipment, upgraded amenities, and comprehensive improvements across the club, providing members with an integrated fitness experience aligned with the Company's latest premium club concept. The reopening of Body Masters - Shubra marks the third club completed under the Company's " ZAD QUWWA " renovation program. The Company also plans to renovate and reopen three additional clubs during 2026 as part of its strategy to modernize its existing club portfolio, improve operational efficiency, and enhance the quality of its current assets. The financial impact of the reopening is expected to be reflected in the third quarter of fiscal year 2026. The "ZAD QUWWA" program forms part of the Company's strategic initiatives to modernize its existing club network, strengthen its value proposition to members, improve operational performance, and support the Company's sustainable growth strategy while reinforcing its position in the Kingdom's fitness market. |