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Element List	Explanation
Introduction	Reference to the announcement by Wafrah for Industry and Development Company regarding the signing of a contract with the Italian company Pavan (owned by the German company GEA) to supply a spaghetti pasta production line and a nested nidi production line as part of the company’s plan to modernize and automate the production lines in the company’s factories on 22/11/2022, and its subsequent announcement regarding the continuation of the concerned companies in Installation of lines on 04/07/2024. Wafrah for Industry and Development Company would like to announce the latest developments regarding the previously announced event.
Previous Announcement	Wafrah for Industry and Development Company announces the latest developments in completing the contract with the Italian company Pavan
Date of Previous Announcement on Saudi Exchange’s Website	2024-07-04 Corresponding to 1445-12-28
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Commercial operations will start in January 2026, and the financial impact is expected to appear in the first quarter of 2026.
Reasons For The Delay on The Date of The Event Previously Announced	The delay in receiving the lines and operating them commercially arose due to the delay in receiving the electrical transformers and some electrical works. There was also a delay in the final programming of the production lines and a delay in the arrival of engineers to test the packaging lines and to train personnel.
The costs associated with the event, and if they have changed or not with indication of the reasons.	None
Delay consequences on the Company’s financial results	The financial impact is expected to appear during the first quarter of 2026

Wafrah for Industry and Development Co. Announces an update on Wafrah for Industry and Development Company announces the latest developments in completing the contract with the Italian company Pavan