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Element List	Explanation
Introduction	National Signage Industrial Co, has signed a lease agreement with Leyard Middle East for its factory premises located in Sudair Industrial City, Riyadh.
Transaction Details	The transaction relates to leasing a factory and its associated facilities located in Sudair Industrial City, Riyadh. The lease term is ten (10) years, commencing on 1 January 2026 and ending on 31 December 2035, renewable for an additional ten (10) years upon mutual agreement.
Transaction Amount	SAR 700,000 annually for the first five (5) years and SAR 900,000 annually for the following five (5) years, payable annually in advance.
Transaction Conditions	The agreement shall become effective upon obtaining approval from the Saudi Authority for Industrial Cities and Technology Zones (MODON).
Parties of the Transaction	Landlord: National Signage Industrial Company (Commercial Registration No. 1010355596) Tenant: Leyard Middle East (Commercial Registration No. 7050723670)
Date of Entering Into The Transaction	2025-10-22 Corresponding to 1447-04-30
Description of Activity of The Asset Subject of The Transaction	The factory will be used to manufacture LED screens and LED lighting
Transaction reasons	To generate rental income and optimize the utilization of the company’s industrial assets. and completing the electromechanical works, equipping the factory according to the highest international standards, and developing it for electronic industries.
Expected Impact of the Transaction on the Company and Its Operations	The transaction is expected to provide a stable source of income and strengthen the company’s financial position.
Details of Using The Proceeds	Rental income will be used to support the company’s working capital and operational activities.
Related Parties	Leyard Middle East is a joint venture between the Leyard Group Chines company and Engineer Holding Group
Additional Information	The tenant will take the factory with current status and will add all the required MEP and additional decoration work without any obligations on the Landlord

National Signage Industrial Co. Announces the Lease of Its Factory Premises to Leyard Middle East