Element List	Explanation
Introduction	With reference to the company's announcement published on the Saudi Stock Exchange (Tadawul) website on December 22, 2025, Al Muneef Trading, Industry, Agriculture and Contracting Company is pleased to announce to its esteemed shareholders the signing of an agreement with Enmaa Construction Establishment for General Contracting to build three factories on land owned by the company in the Al-Rafai'a neighborhood of Al-Kharj, as previously announced on 02-12-1444 AH (corresponding to 20-06-2023 AD). This significant step in the company's history aligns with its expansion strategy, as outlined in the company's new 2026-2030 strategic initiatives. It also aims to diversify the company's investments, and the construction will be financed from the company's own resources.
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website	2025-12-22 Corresponding to 1447-07-02
Hyperlink to the Previous Announcement	Click Here
Change on the Development	The contract value is SAR 1,299,435 excluding VAT. The final cost will be determined based on the actual measurements of the work performed on site and the unit value. The project will be completed within a period not exceeding 6 months, plus any delays incurred by the insurance representative.
Financial Impact on the change	There is no clear financial impact at the moment.
Additional Information	There are no related parties in the contract.