Al Jouf Cement Company announced the signing of a contract to purchase a fleet of transport vehicles from Sulaiman bin Saleh Al-Muhailib and Sons Company. Contract Subject Matter: Purchasing a fleet of transport vehicles. The Entity with Which the Contract was Signed: Suleiman bin Saleh Al-Muhailib and Sons Company.

Date of Signing the Contract: July 02, 2024. Contract Value: SAR 31,800,000. Contract Details: Al-Jouf Cement Company announced that it has signed, on July 2, 2024, a contract to purchase a fleet of cars from Sulaiman bin Saleh Al-Muhailib and Sons Company (a related party) at an estimated value of approximately SAR 31,800,000 million in exchange for products from the company and deducting the debt portion.

Contract Duration: The contract shall enter into force from its date. Financial Impact and the Relevant Period: There is a positive impact of the purchase process (or contract) on the company's future results as of the third quarter of 2024 by increasing the company's market share and reducing costs associated with transportation. Additional Information: The receipt of the remaining trucks, which represents the other 50% of the contract value, will be announced as soon as the receipt process is completed at the factory grounds, which is expected during the third quarter of 2024 AD.