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Element List	Explanation
Introduction	Service Equipment Company announces the signing of A non-exclusive distribution agreement with Hunter Engineering Company, under which non-exclusive distribution rights are granted for HUNTER-branded products
Date of Announcement of the Award	2026-04-22 Corresponding to 1447-11-05
Contract Subject Matter	A non-exclusive distribution agreement with Hunter Engineering Company, under which non-exclusive distribution rights are granted for HUNTER-branded products, which are classified as a leading brand in the market.
The Entity with Which the Contract was Signed	Hunter Engineering Company
Date of Signing the Contract	2026-04-21 Corresponding to 1447-11-04
Contract Value	The value of the agreement depends on the volume and value of the products purchased during the term of the agreement.
Contract Details	Under this agreement, Service Equipment Company obtains non-exclusive distribution rights for the products of Hunter Engineering Company within the Kingdom of Saudi Arabia. The agreement covers a wide range of products, most notably: • Wheel alignment machines • Wheel balancing machines • Tire changers • Automotive brake lathes as well as other products and solutions under the HUNTER brand.
Contract Duration	From the date of signing the contract on April 21, 2026, until December 31, 2027.
Financial Impact and the Relevant Period	The positive financial impact of the agreement is expected to be reflected during agreement term, subject to the volume of products sold under the agreement.
Related Parties	N/A
Additional Information	This agreement falls within the Company’s strategy for expansion and strengthening its presence in the Saudi market, in collaboration with one of the global leading companies in the automotive service equipment industry. This is expected to enhance the Company’s competitive capabilities and expand its product portfolio in the automotive equipment market.

Service Equipment Company announces the signing of a non-exclusive distribution agreement with Hunter Engineering Company.