Theeb Rent a Car Company announces the signing of a contract with First Line Logistics Company valued at 61,680,000 Saudi Riyals

Element List	Explanation
Introduction	Theeb Rent a Car Company announces the signing of a long-term Vehicle leasing contract valued at a total of 61,680,000 Saudi Riyals with First Line Logistics Company

This contract falls within the expansion plan of Theeb Rent a Car Company, which is based on solid strategic plans and aims to stimulate operational growth in addition to providing high-quality services to commercial partners and government entities and companies. Date of Announcement of the Award 2025-12-22 Corresponding to 1447-07-02 Contract Subject Matter Vehicles leasing contract between Theeb Rent a Car Company and First Line Logistics Company The Entity with Which the Contract was Signed First Line Logistics Company Date of Signing the Contract 2025-12-22 Corresponding to 1447-07-02 Contract Value 61,680,000 Saudi Riyals Contract Details A contract for leasing 1,000 vehicle by Theeb Rent a Car Company to First Line Logistics Company for a period of 4 years, starting from 2026, The vehicles will be delivered in batches within the first nine months from the contract starting date, taking into consideration the global logistical circumstances and procedures beyond the control of the agents and the company Contract Duration Four years Financial Impact and the Relevant Period This contract will have a positive impact on the financial statements during the contract period starting from the first quarter of 2026. Related Parties None

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