| Element List | Explanation |
|---|---|
| Introduction | Further to the Company’s announcement published on the tadawul website on 12-07-1447H corresponding to 01-01-2026G regarding the receipt of a notification on the adjustment of fuel prices used in production, the Company would like to clarify the expected financial impact. |
| Previous Announcement | Umm Al-Qura Cement Co. Announces that it has received a notification that the price of fuel used in production has been modified |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-01-01 Corresponding to 1447-07-12 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The Company would like to clarify that the direct financial impact is estimated at an approximate 10.2% increase in production costs. This financial impact is expected to be reflected starting from the results of the first quarter of 2026. It is worth noting that during 2024, the Company joined the Industrial Sector Competitiveness Program, which contributes to mitigating the financial impact and improving energy consumption efficiency. The Company also confirms that it is currently working on implementing its plans to reduce costs and enhance production and operational efficiency in order to minimize this impact. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | The adjustment of fuel product prices will result in an increase in production costs estimated at approximately 10.2%. |