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Element List	Explanation
Introduction	Advancing the company’s strategic direction expanding in the industrial sector, which includes HVAC products and services, steel structures, and insulation materials. Advanced Building Industries Company "Senaat" announces that one of its subsidiaries, Zamil Structural Steel Co. (Egypt), Has Signed a Contract with Elegancia Steel Company, (Qatar). for the design, manufacture, and supply of steel structures and cladding works with insulating panels, for the benefit of Baladna Algeria S.P.A. in Republic of Algeria, reflecting the team’s dedication and industry leadership. This effort highlights our focus on operational excellence and cost efficiency as we continue to enhance our operating margins, profitability and the intrinsic value of each share.
Date of Announcement of the Award	2025-12-21 Corresponding to 1447-07-01
Contract Subject Matter	One of its subsidiaries of “Senaat”, Zamil Structural Steel Co. (Egypt), Has Signed a Contract with Elegancia Steel Company, (Qatar). for the design, manufacture, and supply of steel structures and cladding works with insulating panels, for the benefit of Baladna Algeria S.P.A. in Republic of Algeria
The Entity with Which the Contract was Signed	Elegancia Steel Company, (Qatar).
Date of Signing the Contract	2026-05-04 Corresponding to 1447-11-17
Contract Value	SAR 362,601,318 (excluding VAT).
Contract Details	This subcontract includes the design, engineering, and supply of the steel structure and the related associated works as part of the dairy and agriculture project in Adrar, Algeria. The project includes cattle farms, powdered milk factories, processing facilities, warehouses with all related categories, and all operational buildings.
Contract Duration	Zamil Structural Steel Company’s project scope is expected to be executed in 18 months
Financial Impact and the Relevant Period	The project scope is scheduled to start in May 2026 with key deliverables expected to be completed by November 2027. The project will lead to significant improvement in sales, capacity utilization and profitability of Zamil Structural Steel Company, Egypt along with contributing positively towards Senaat’s shareholder value.
Related Parties	N/A
Additional Information	The end users of the project are Qatar’s Baladna Algeria S.P.A Company and the Algerian government, as Baladna Holding in Qatar Bets US$ 3.5B on Algeria, calls it world's largest integrated dairy farm and milk powder facility This project reinforces Senaat’s subsidiary Zamil Structural Steel Co. as a leading provider of Pre-Engineered and Structural Steel along with related services and strengthens our relationship within the Steel industry market. We are proud to partner with Elegancia Steel Company, (Qatar)., Urbacon Trading and Contracting 3 LLC and Baladna Algeria S.P.A. contribute to their continued success