Arabian Contracting Services Co. Announces an update on Contract award through its arm Arabiya United for Advertising Service (an associate company), to rent sites for the installation of billboards with a coverage of 89% of the bridge’s sites on the North Coast (City of El Alamein) in Egypt.

Element List	Explanation
Introduction	Reference to the announcement of Arabian contracting Services Co. on 03-08-2022, regarding the award through its arm Arabiya United for Advertising Service (an associate company), to rent sites for the installation of billboards with a coverage of 89% of the bridge’s sites on the North Coast (City of El Alamein) in Egypt.

The company would like to clarify that the expected date of signing the contract will be the end of the fourth quarter of 2022, instead of the date referred to in the previous announcement which was 01-09-2022, and accordingly, the duration of the contract shall start from the date of signing and for one year that is automatically renewed, the company will announce any developments regarding this contract at the time. Previous Announcement Arabian Contracting Services Co. Announces a contract award through its arm Arabiya United for Advertising Service (an associate company), to rent sites for the installation of billboards with a coverage of 89% of the bridge’s sites on the North Coast (City of El Alamein) in Egypt. Date of Previous Announcement on Tadawul's Website 2022-08-03 Corresponding to 1444-01-05 Percentage of fulfilled achievement N/A Event's Expected Completion Date N/A Reasons for Exceeding the Announced End Date The two parties agreed to study aspects of cooperation and reach the final agreement for the contract. The costs associated with the event, and if they have changed or not with indication of the reasons. N/A

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