| Introduction | Saudi Re is pleased to announce the signing of a reinsurance contract with Mediterranean and Gulf Insurance and Reinsurance Co. “MEDGULF ” |
| Date of Announcement of the Award | 2026-02-04 Corresponding to 1447-08-16 |
| Contract Subject Matter | Reinsurance contract |
| The Entity with Which the Contract was Signed | Mediterranean and Gulf Insurance and Reinsurance Co. “ MEDGULF” |
| Date of Signing the Contract | 2026-02-04 Corresponding to 1447-08-16 |
| Contract Value | The contract value exceeds 5% of total revenue as per latest audited financial statements for the year 2024 |
| Contract Details | Reinsurance contract |
| Contract Duration | One a year starting from 12/07/1447 Corresponding to 01/01/2026 |
| Financial Impact and the Relevant Period | The contract is expected to have an impact on the Company's financial results during the financial year 2026 |
| Related Parties | Not Applicable |
| Additional Information | NA |