| Element List | Explanation |
|---|---|
| Introduction | Al Kuzama Trading Company Announces the Signing of a Daily Catering Services Agreement for the Personnel of a Government Entity |
| Date of Announcement of the Award | 2025-12-30 Corresponding to 1447-07-10 |
| Contract Subject Matter | The provision of daily catering and hospitality services to the personnel of the contracting government entity, based on purchase orders issued by the entity and in accordance with the agreed price list. |
| The Entity with Which the Contract was Signed | Government Entity |
| Date of Signing the Contract | 2025-12-30 Corresponding to 1447-07-10 |
| Contract Value | The total value of the agreement amounts to SAR 45,000,000 (forty-five million Saudi Riyals), inclusive of value-added tax (VAT). |
| Contract Details | An agreement pursuant to which Al Kuzama Trading Company shall provide daily catering and hospitality services to the personnel of the government entity, in accordance with the agreed price list and the purchase orders issued by the government entity. |
| Contract Duration | For a period of thirty-six (36) Gregorian months. |
| Financial Impact and the Relevant Period | The agreement is expected to have a positive financial impact on the Company’s results upon the commencement of supply and the receipt of purchase orders under the agreement. |
| Related Parties | Not applicable. |
| Additional Information | This agreement represents an extension of the Company’s expansion strategy in the catering and hospitality sector, aimed at strengthening its market share in this key business segment, maintaining diversification within its business portfolio, and aligning with the expectations of the local market. The Company would also like to clarify that the name of the government entity has not been disclosed pursuant to the agreement (non-disclosure), and that the required regulatory approvals in this regard have been obtained. Furthermore, the Company confirms that it did not announce the award at the time, as it had then commenced the process of obtaining the necessary approvals for non-disclosure of the government entity’s name, and the draft agreement was received prior to obtaining the exemption approval. It should be noted that the award letter was received on 18 December 2025. |