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| Announcement Detail | Saudi Aramco Base Oil Company – Luberef (the “Company”) announces that a scheduled maintenance turnaround of its Yanbu Facility will commence on 15 November 2025, corresponding to (24/05/1447H). During this period, operations at the Yanbu Facility will be temporarily suspended to carry out the planned maintenance activities. The Yanbu Facility, which produces Group I and Group II base oils, will undergo this turnaround as part of maintaining the highest operational standards in accordance with internationally recognized industrial and safety best practices. The periodic maintenance is expected to last approximately 45 days and aims to enhance the reliability, efficiency, and sustainability of operations. During the turnaround period, Luberef will continue product sales from available inventories, subject to stock levels. The Jeddah Facility, which produces Group I base oils, will remain fully operational throughout the period, ensuring continuity of supply and supporting the Company’s ongoing commercial commitments. The financial impact of this scheduled turnaround cannot be determined exactly at this time, however, it will be reflected in the Company’s financial results for the fourth quarter of 2025. Any further developments will be announced in due course. |