SABIC Agri-Nutrients Announces the Latest Update Regarding the Memorandum of Understanding with Saudi Agricultural and Livestock Investment Company (SALIC).

Element List	Explanation
Introduction	With reference to the announcement of SABIC Agri-Nutrients Company published on the Saudi Exchange (Tadawul) website on 22/08/1445H corresponding to 03/03/2024 regarding the extension of the Memorandum of Understanding with the Saudi Agricultural and Livestock Investment Company (SALIC), the Company would like to announce that the parties have agreed to extend the Memorandum of Understanding on 01/12/1447H corresponding to 18/05/2026 under the same previous terms and conditions for a period of three (3) years from the expiration date of the Memorandum of Understanding. This step comes as part of the continuation of the strategic cooperation to explore and develop joint opportunities that contribute to enhancing food security and addressing environmental challenges.
Previous Announcement	Addendum Announcement from SABIC Agri-Nutrients Company on the latest update about the signed Memorandum of Understanding with Saudi Agricultural and Livestock Investment Company (SALIC).
Date of Previous Announcement on Saudi Exchange’s Website	2024-03-03 Corresponding to 1445-08-22
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	The Company announces the extension of the Memorandum of Understanding with the Saudi Agricultural and Livestock Investment Company (SALIC), reflecting the commitment of both parties to continue their strategic cooperation, under the same previous terms and conditions, with the agreement that the term will be for three (3) years from the expiration date of the Memorandum of Understanding on 12/09/1447H corresponding to 01/03/2026.
Reasons For The Delay on The Date of The Event Previously Announced	N/A
The costs associated with the event, and if they have changed or not with indication of the reasons.	There is no material financial impact at the present time. Any material developments will be disclosed in due course.
Delay consequences on the Company’s financial results	N/A
Additional Information	N/A