Saudi Chemical Co. Announces an update on Saudi Chemical Co. announces signing a Memorandum of Understanding with Hellmann Worldwide Logistics

Element List	Explanation
Introduction	Saudi Chemical Company Holding announces the extension of the Memorandum of Understanding (MOU) signed with Hellmann Worldwide Logistics for a period of (90) days from 22-06-2021 to 22-09-2021 to give the team sufficient time to finalize some procedures for collaboration with all the previous terms and conditions agreed upon.

Saudi Chemical Company Holding signed the MOU with Hellmann Worldwide Logistics on

22-03-2021 corresponding to 09-08-1442 for a period of (90) days and announced on Tadawul website on 23-03-2021 corresponding to

10-08-1442 to form a joint venture company exclusively for Healthcare logistic services in Saudi Arabia. Previous Announcement Saudi Chemical Co. announces signing a Memorandum of Understanding with Hellmann Worldwide Logistics Date of Previous Announcement on Tadawul's Website 2021-03-23 Corresponding to 1442-08-10 Percentage of fulfilled achievement N/A Event's Expected Completion Date N/A Reasons for Exceeding the Announced End Date to give the team sufficient time to finalize some procedures for collaboration with all the previous terms and conditions agreed upon. The costs associated with the event, and if they have changed or not with indication of the reasons. N/A Impact of the Delay on the Company's Financial Results N/A Additional Information The company will announce any future developments in this regard in due course.

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.