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Element List	Explanation
Introduction	Retal Urban Development Company announces the signing of a contract with Building Construction Limited Co. (A Subsidiary owned by 80%) to execute 901 residential units (villas) for the project owned by Jubail & Yanbu Industrial Cities Services Company (JABEEN), located in Jubail City, with a value of SAR 972 million, without any preferential conditions or advantages.
Date of Announcement of the Award	2025-11-06 Corresponding to 1447-05-15
Contract Subject Matter	Execution of turnkey works for 901 residential units (villas) for the project owned by Jubail & Yanbu Industrial Cities Services Company (JABEEN), located in Jubail City, without any preferential conditions or advantages.
The Entity with Which the Contract was Signed	Building Construction Limited Co. (A Subsidiary owned by 80%)
Date of Signing the Contract	2025-11-06 Corresponding to 1447-05-15
Contract Value	SAR 972 million, excluding value-added tax (VAT).
Contract Details	Execution of turnkey works for 901 residential units (villas) for the project owned by Jubail & Yanbu Industrial Cities Services Company (JABEEN), located in Jubail City.
Contract Duration	27 months
Financial Impact and the Relevant Period	The project is expected to have a positive impact on the company’s financial results during the project execution period for the years 2025, 2026, and 2027.
Related Parties	Eng. Abdullah Faisal AlBraikan —Board of Directors Chairman of the Subsidiary Company, representing Retal Urban Development Company's share in it, and a Member of the Board of Directors and Chief Executive Officer of Retal Urban Development Company. Mr. Abdulrahman Ibrahim AlJalal — Member of the Subsidiary Company Board of Directors. Mr. Ammar Mohammed AlGhoul — Member of the Subsidiary Company representing Retal Urban Development Company's share in it, and Chief Financial Officer of Retal Urban Development Company. Eng. Omar Ibrahim AlJalal — Member of the Subsidiary Company Board of Directors and its Chief Executive Officer.
Additional Information	For any inquiries, please contact Investor Relations department at: +966138013803 or by e-mail: IR@retal.com.sa