| Introduction | Multi Business Group Co. Announces Project Contract Sign-Off with Endowment of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz for his parents to comprehensive Rehabilitation and Efficiency Enhancement Works for (29) Grand Mosques and Mosques in Various Regions of the Kingdom of Saudi Arabia. |
| Date of Announcement of the Award | 2026-04-06 Corresponding to 1447-10-18 |
| Contract Subject Matter | comprehensive Rehabilitation and Efficiency Enhancement Works for (29) Grand Mosques and Mosques in Various Regions of the Kingdom of Saudi Arabia |
| The Entity with Which the Contract was Signed | Endowment of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz for his parents |
| Date of Signing the Contract | 2026-04-06 Corresponding to 1447-10-18 |
| Contract Value | Exceeding Value (30%) of the Company`s Total Revenues for the Financial Year 2025 AD |
| Contract Details | Comprehensive Rehabilitation and Efficiency Enhancement Works for (29) Grand Mosques and Mosques in Various Regions of the Kingdom of Saudi Arabia, which includes Construction, Architectural & Fit-out works, and Electrical & Mechanical Engineering. |
| Contract Duration | 12 Months |
| Financial Impact and the Relevant Period | This Contract is expected to have a Positive Financial Impact on the Company`s Financial Results for the Year 2026 AD & First Half for the Year 2027 |
| Related Parties | N/A |
