Al-Jouf Cement Company announces the latest developments regarding receiving a notification from Aramco about adjusting the prices of fuel products used in production

Element List	Explanation
Introduction	With reference to the company's announcement published on the Saudi Stock Exchange website on 05/01/2026, regarding the company receiving a notification from Saudi Aramco about amending the prices of fuel products used in production operations, the company would like to clarify the following to its valued shareholders:
Previous Announcement	Al-Jouf Cement Company announces that it has received notification from Aramco regarding adjustments to the prices of fuel products used in production.
Date of Previous Announcement on Saudi Exchange’s Website	2026-01-05 Corresponding to 1447-07-16
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	With reference to Aramco's notice, the company has studied the financial impact of adjusting fuel prices for production and support services, and has determined that:

The direct financial impact of the increased heavy fuel oil prices used in production operations is estimated at an increase in production costs of approximately 11%.

The increase in diesel fuel prices used in transportation and logistics operations has also resulted in an additional cost increase of approximately 3%.

Consequently, the total estimated increase in production costs is approximately 14%.

The company confirms that it is currently assessing the overall financial impact of these increases on its financial results, in addition to studying possible operational and technical options to mitigate their impact on financial performance. Any material developments in this regard will be disclosed in accordance with applicable regulations and instructions. Reasons For The Delay on The Date of The Event Previously Announced Not Applicable The costs associated with the event, and if they have changed or not with indication of the reasons. Not Applicable

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.