Saudi Parts Center Co. announced signing a contract with Mabic Construction Est. It is expected that the project costs will have an impact on cash flow on monthly basis during the construction period, and the company indicates that it will announce any future developments in this regard.

Date of Announcement of the Award 2023-12-06 Corresponding to 1445-05-22 Contract Subject Matter Factory Construction Contract Date of Signing the Contract 2023-12-06 corresponding to 1445- May22 Contract Value Seven Million Contract Details Construction of a factory for the company in the Industrial Gate City in Riyadh. Contract Duration 10 calendar months from the date of signing the contract.