Electrical Industries Co. Announces the Purchasing of a land in the amount of SAR 79,726,234 (Including tax and registration fees).

Element List	Explanation
Introduction	Electrical Industries Co. announces that one of its subsidiaries (Pauwels Transformers Co.) has purchased a plot of land and the existing buildings in a public auction, which was held in Mechelen city, Belgium by Bankruptcy Trustees of the properties of CG power systems Co., on Monday 13-10-2025
Transaction Details	The purchase of industrial land and the existing buildings, which is located at Antwerpsesteenweg, Mechelen City, Belgium with a total area of 92,846 square meters.
Transaction Amount	SAR 79,726,234 (Including tax and registration fees).
Transaction Conditions	None
Parties of the Transaction	Seller: Bankruptcy trustees of the properties of CG power systems Co., Belgium.

Purchaser: Pauwels Transformers Co., Belgium Transaction Financing Method The company’s internal resources and bank facilities Date of Entering Into The Transaction 2025-10-13 Corresponding to 1447-04-21 Description of Activity of The Asset Subject of The Transaction Industrial Land on which Pauwels Transformers factory is built. Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction Not applicable Transaction reasons Securing the land on which Pauwels Transformers Company factory is built to ensure the continuity of the company’s operations, as the land of the factory is leased Expected Impact of the Transaction on the Company and Its Operations Increase the company’s assets and support the stability of the company’s operations to achieve growth and future expansions. Related Parties None Additional Information The Company will announce any material developments in this regard in due course.

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