Saudi Industrial Export Company (SADIRAT) announces the latest developments regarding the company’s announcement that Haddaj Investment Company, a subsidiary, has signed a non-binding memorandum of understanding with Nama Chemicals Company to acquire a stake in the capital of Jubail Chemical Industries Company (JANA), one of Nama Chemicals Company’s subsidiaries.

Element List	Explanation
Introduction	With reference to the company's announcement dated 23/12/1446 AH corresponding to 19/06/2025 AD regarding the signing of a non-binding Memorandum of Understanding between Haddaj Company (a subsidiary of SADIRAT) and Nama Chemicals Company to negotiate the acquisition of a stake in the capital of Jubail Chemical Industries Company (JANA), the Saudi Export Industrial Company (SADIRAT) announces the decision of its Board of Directors on 20/02/1447 AH corresponding to 14/08/2025 AD to invest an amount of SAR 70,000,000 in FAAD Industrial Fund through ("Haddaj Investment Company," the investment arm of (Sadirat Company), a closed private equity fund licensed by the Capital Market Authority and managed by FAAD Financial Partners Company .Licensed by the Capital Market Authority under license number 32-23270.
Previous Announcement	Saudi Industrial Export Company (SADIRAT) announces the latest developments regarding the announcement that its subsidiary, Haddaj Investment Company, has concluded an agreement to establish an investment fund with Faad Financial Partners Company and Nama Chemicals Company to acquire a stake in (Jubail Chemical Industries Company), one of Nama Chemicals Company’s subsidiaries.
Date of Previous Announcement on Saudi Exchange’s Website	2025-06-19 Corresponding to 1446-12-23
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	The Saudi Industrial Export Company (SADIRAT) announces that its Board of Directors, on 20/02/1447 AH corresponding to 14/08/2025 AD, has approved an investment of SAR 70,000,000 in the FAAD Industrial Fund through ("Haddaj Investment Company," the investment arm of (SADIRAT) Company), a closed private equity fund licensed by the Capital Market Authority and managed by FAAD Financial Partners Company Licensed by the Capital Market Authority under license number 32-23270. The fund aims to achieve capital growth by investing in private equity through subscription and/or acquisition of stakes in the target company operating within the industrial sector. This investment is expected to have a positive financial impact and aligns with the company's strategic investment direction.

It should be noted that the commencement of the fund’s operations is subject to obtaining all required approvals and notifications in accordance with the regulations and guidelines of the Capital Market Authority.

Fund Name: FAAD Industrial Fund

Fund Capital: SAR 220,000,000

Fund Duration: The fund term is five (5) calendar years, extendable by the fund manager for two additional periods of one (1) year each, making a total possible duration of 5 + 1 + 1 years.

The fund term starts from the closing date of the offering.

Expected Net Return from the Project: 12%

According to the terms and conditions of the fund, the fund’s target capital is two hundred and twenty million (SAR 220,000,000). If the minimum amount of subscriptions—whether in-kind and/or cash—amounting to two hundred and fifteen million (SAR 215,000,000), or the amount targeted by the fund manager to launch and operate the fund, is not collected, the closing date will be extended for an additional period of three (3) months. If the fund manager is still unable to raise the minimum targeted subscriptions within the original or extended subscription period, after exerting all possible efforts, a written notice signed by the fund manager confirming the failure to complete the subscription will be submitted to the Capital Market Authority within ten (10) days. Additionally, the fund manager will refund all subscription amounts received, along with any returns generated from investing those amounts, without any deductions, to the unit holders.

The Saudi Industrial Export Company (SADIRAT) aims to enter this investment to seize available opportunities in the industrial sector. This is part of supporting the Board of Directors’ plans to build strategic partnerships and alliances that contribute to expanding the company’s future business scope and enhancing returns on shareholders’ equity.

This investment approach is in alignment with the updated strategy approved by the Ordinary General Assembly on 27/11/1446 AH corresponding to 25/05/2025 AD, which focuses on growing investments and diversifying income sources to promote sustainable company growth.

The financial impact of the investment is expected to be reflected in the company’s financial statements starting from the first quarter of the next fiscal year. Reasons For The Delay on The Date of The Event Previously Announced NONE The costs associated with the event, and if they have changed or not with indication of the reasons. NONE Delay consequences on the Company’s financial results NONE Additional Information The company will announce any developments in this regard as soon as they become available.

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.