Element List	Explanation
Introduction	National Signage Industrial Co. (NS) signed a Memorandum of Understanding (MoU) with Leyard Middle East to collaborate on industrial and commercial initiatives related to LED display manufacturing solutions in Saudi Arabia.
Memorandum Signing Date	2025-10-22 Corresponding to 1447-04-30
Counterparty	LEYARD MIDDLE EAST
Memorandum Subject	Collaboration regarding the lease of National Signage factory located in Sudair Industrial City and the appointment of NS as a commercial agent for Leyard Middle East’s LED products.
Memorandum Duration	This MoU shall remain valid until the signing of the final Commercial Agency Agreement or any other definitive agreements between the parties.
Related Parties	There are no related parties involved in this Memorandum of Understanding.
Financial Impact	The transaction is expected to provide a stable source of income and strengthen the company’s financial position.
Additional Information	The MoU reflects the parties’ mutual intention to cooperate in industrial operations and product distribution in the Kingdom of Saudi Arabia. It does not constitute a binding contract except as expressly stated within the MoU. Further details will be disclosed once final agreements are executed.