Element List	Explanation
Introduction	With reference to Obeikan Glass Company’s announcement published on the Saudi Exchange (Tadawul) website on 28/03/1446H (corresponding to 01/10/2024G) regarding the Board of Directors’ approval of the project to establish a second float glass production line at the company’s existing plant located in the Royal Commission for Yanbu Industrial City with production capacity of 650 tons per day, the company announces the commencement of the project’s work and the signing of its agreement with Zhongyuan Glass Industry Equipments Co., Ltd. to supply the technology and part of the equipment for the second production line project.
Previous Announcement	Establishing a Second Float Glass Line
Date of Previous Announcement on Saudi Exchange’s Website	2024-10-01 Corresponding to 1446-03-28
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Project commencement and agreement with Zhongyuan Glass Industry Equipments Co., Ltd.. - China to supply technology and part of the equipment for the second production line project.
Reasons For The Delay on The Date of The Event Previously Announced	None
The costs associated with the event, and if they have changed or not with indication of the reasons.	There are no changes to the costs previously announced.
Delay consequences on the Company’s financial results	None
Additional Information	The supply of technology and part of the equipment for the second production line project constitutes a phase of the project’s implementation, and any material developments will be announced in due course.