Almoosa Health Company announces the signing of a contract with Almajal Alarabi Group for the execution of electrical and mechanical works and integrated architectural finishing works for the Almoosa Specialized Hospital Project in AlHofuf

Element List	Explanation
Introduction	Almoosa Health Company announces the signing of a contract dated 26 February 2026 with Almajal Alarabi Group for the execution of electrical and mechanical works and integrated architectural finishing works for the Almoosa Specialized Hospital Project in AlHofuf City.
Date of Announcement of the Award	2026-02-26 Corresponding to 1447-09-09
Contract Subject Matter	Contract for the execution of electrical and mechanical works and integrated architectural finishing works for the Almoosa Specialized Hospital Project in AlHofuf City.
The Entity with Which the Contract was Signed	Almajal Alarabi Group (MAG)
Date of Signing the Contract	2026-02-26 Corresponding to 1447-09-09
Contract Value	608,852,889 SR. excluding VAT
Contract Details	The scope of the contract includes the execution of electrical and mechanical works, in addition to integrated architectural finishing works for the Almoosa Specialized Hospital Project in AlHofuf City. This includes all complementary internal and external works, to be carried out in accordance with the approved engineering drawings and technical specifications, ensuring full operational readiness of the project upon completion.

The execution of the works will commence immediately, with the project expected to be completed within a period of 16 months Contract Duration 16 Months Financial Impact and the Relevant Period The financial impact of this contract is expected to commence upon the completion and operation of the hospital. Related Parties There are no related parties involved Additional Information The Company intends to finance the Project through its own resources and long-term Shariah-compliant facilities from local banks.

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.