Element List	Explanation
Introduction	Chubb Arabia Cooperative Insurance Company announces that it has received the renewal confirmation of the insurance contract from Sahara International Petrochemical Company (SIPCHEM) for the Insurance coverages, in accordance with the terms and conditions agreed upon.
Date of Announcement of the Award	2025-11-02 Corresponding to 1447-05-11
Contract Subject Matter	Providing Insurance coverage for Property Damage and Business Interruption Risks
The Entity with Which the Contract was Signed	SAHARA INTERNATIONAL PETROCHEMICAL COMPANY (SIPCHEM).
Date of Signing the Contract	2025-10-30 Corresponding to 1447-05-08
Contract Value	The contract value exceeds 10% of the total insurance revenues according to the audited financial statements for the year 2024
Contract Details	Renewal the contract for the Insurance coverage for property damage and business interruption risks, in accordance with the terms and conditions agreed upon.
Contract Duration	one year
Financial Impact and the Relevant Period	The contract is expected to have a positive impact on the company's financial results for 2025/2026
Related Parties	There are no related parties
Additional Information	The company hereby confirms that no preferential treatment has been given in this contract and that it is within the normal business activity of the company