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Element List	Explanation
Introduction	Takween Advanced Industries Company announces its intention to establish local Sukuk programs denominated in Saudi Riyals and compliant with Islamic Shariah principles. The company has appointed Sukuk Financial Company as the financial advisor for the Sukuk issuance and offering (both public and private) through the Sukuk Financial platform
Offer Type	Establishment of local Sukuk programs denominated in Saudi Riyals
Date of the board’s decision	2025-10-19 Corresponding to 1447-04-27
Value of the offer	Programs value: SAR 650 million
The Purpose of the offer	To support the working capital and operational activities of the company and its subsidiaries, and to finance the company’s expansion projects and achieve its strategic objectives
Approvals	The offering will be carried out in accordance with the applicable laws and regulations, and subject to obtaining all necessary approvals for each program
Additional Information	The Board of Directors has resolved to appoint Sukuk Financial Company as the financial advisor for the Sukuk issuance and offering (both public and private) through the Sukuk Financial Company website (https://sukuk.sa/). The company notes that this announcement does not constitute an invitation, offer, or recommendation to purchase, own, or subscribe to any securities. The company will announce any material information in due course.

Takween Advanced Industries Co. announces intention to Establishment of local Sukuk programs denominated in Saudi Riyals