Service Equipment Company announces that the value of transactions with Theeb Rent a Car Company related party has exceeded 1% of its total revenues, according to the latest audited annual financial statements.

Service Equipment Company announces that the ongoing transactions with Theeb Rent a Car Company a related party (where a member of the Audit Committee, Mr. [Amjad Alawneh], is a senior executive at Theeb Rent a Car company) has exceeded 1% of the Company’s total revenues, based on the latest audited annual financial statements.

The transactions consists of the supply and installation of vehicle maintenance equipment.

This transaction was conducted within the ordinary course of business and under standard commercial terms, without any preferential conditions.

This disclosure reflects the Company's commitment to enhancing transparency and disclosure standards