| Element List | Explanation |
|---|---|
| Introduction | In reference to the company announcement regarding the awarding of the contract dated 31/12/2025 corresponding to 11/07/1447H, Alkhorayef Water and Power Technologies Co. Announces the signing of Contract for “Operation (cleaning) of Rain Water Networks in sub-municipalities Al-Balad (BA), Al Jami’ah (JA) and Umm Al-Salam (US) - 19320”. |
| Date of Announcement of the Award | 2025-12-30 Corresponding to 1447-07-10 |
| Contract Subject Matter | Operation (cleaning) of Rain Water Networks in sub-municipalities Al-Balad (BA), Al Jami’ah (JA) and Umm Al-Salam (US) in Jeddah City |
| The Entity with Which the Contract was Signed | Jeddah Amana Municipality |
| Date of Signing the Contract | 2026-02-16 Corresponding to 1447-08-28 |
| Contract Value | 155,091,816.02 Saudi Riyal excluding VAT |
| Contract Details | Alkhorayef Water and Power Technologies Co. will carry out the operation (cleaning) of rainwater and surface water networks, closed canals and open canals. |
| Contract Duration | 60 Months |
| Financial Impact and the Relevant Period | The financial impact of this contract is expected in the Second quarter of year 2026. |
| Related Parties | N/A |
| Additional Information | Alkhorayef Water and Power Technologies Co. received the agreement today, Monday, 16/02/2026, corresponding to 28/08/1447H, after it was signed by all parties, so accordingly disclosed. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.