| Element List | Explanation |
|---|---|
| Introduction | Raoom Trading Company announces the signing of an agreement dated 28/12/2025 to acquire an existing industrial operating asset in Hail City (Industrial City), which includes a glass factory in addition to operational facilities and fixed assets. |
| Transaction Details | The company signed a purchase and assignment agreement with Faisal Mahdi Al-Tabinawi Glass Factory to acquire the aforementioned factory and Faisal Mahdi Al-Tabinawi Glass Factory's assignment of the lease contracts concluded with the Saudi Authority for Industrial Cities and Technology Zones (“MODON”) on which the factory is located, in favor of the company. |
| Transaction Amount | Fifteen million (15,000,000) Saudi Riyals |
| Transaction Conditions | Modon’s approval to transfer the lease contracts: completion of all conditions stipulated in the purchase and assignment agreement. |
| Parties of the Transaction | Seller: Faisal Mahdi AlTabinawi Glass Factory. Buyer: Raoom Trading Company. |
| Transaction Financing Method | The transaction will be funded through bank facilities previously obtained by the Company. |
| Date of Entering Into The Transaction | 2025-12-28 Corresponding to 1447-07-08 |
| Description of Activity of The Asset Subject of The Transaction | Glass manufacturing. |
| Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction | Not applicable. |
| Transaction reasons | This acquisition comes as part of the company’s expansion plans aimed at enhancing its operational capabilities, increasing production capacity, which amounts to more than 150,000 meters annually, and expanding its geographical reach in the regions of the Kingdom, which supports its orientations towards diversifying revenue sources and improving operational efficiency. |
| Expected Impact of the Transaction on the Company and Its Operations | The financial impact of the transaction is expected to appear on the Company’s operational results after completing the procedures and transferring the contracts and assets in accordance with applicable regulations. Any material developments will be disclosed in due course. |
| Related Parties | The financial impact of the transaction is expected to appear on the Company’s operational results after completing the procedures and transferring the contracts and assets in accordance with applicable regulations. Any material developments will be disclosed in due course. |
| Additional Information | The Company will announce any material events or developments regarding the transaction as soon as they become available. |