| Introduction | Canadian Medical Center Co. announces the extension of its operational contract with Johns Hopkins Aramco Healthcare until December 31, 2026, based on the agreement originally executed on July 1, 2020. This extension comes as part of the Company’s long-term strategic partnerships that enhance business stability and support the continued delivery of highly reliable medical services across its designated sites. |
| Date of Announcement of the Award | 2025-11-19 Corresponding to 1447-05-28 |
| Contract Subject Matter | Contract Extension |
| The Entity with Which the Contract was Signed | Johns Hopkins Aramco Healthcare |
| Date of Signing the Contract | 2025-11-19 Corresponding to 1447-05-28 |
| Contract Value | SAR 45,582,900 (excluding VAT) |
| Contract Details | Canadian Medical Center Co. announces the extension of its operational contract with Johns Hopkins Aramco Healthcare, as part of its long-term strategic partnerships that support the stability of the company’s business and enhance its operational track record in the coming years. This extension of the contract, originally executed on July 1, 2020, adds an additional year of continuous operations through the end of 2026. This extension represents a pivotal step that reflects the company’s continued credibility and its ability to manage operational activities to high standards, including the operation of clinics across service locations and the delivery of integrated medical services that support the readiness and efficient operation of those sites. |
| Contract Duration | One Year |
| Financial Impact and the Relevant Period | The financial impact of this extension will be reflected in the Company’s results starting from the first quarter of 2026 and is expected to support operational revenue and sustain growth momentum. |
| Related Parties | None |
| Additional Information | The Company would like to clarify that, as the extension contract was not received until Thursday evening, 20/11/2025 (corresponding to 29/05/1447), it was therefore announced on Sunday, 23/11/2025 (corresponding to 02/06/1447). |