6040 · 19/10/2025 08:00:55 · Announcement #90764 · View on Saudi Exchange

Tabuk Agricultural Development Co. Announces the latest developments about the signing of a (non-binding) memorandum of understanding with TOPIAN Limited Company, (NEOM’s Food Company) for cooperating to plan, develop, construct and operate hydroponic greenhouse for the production of fruits and vegetables.

Element ListExplanation
Introduction With referring to the Memorandum of Understanding (MoU) signed on 08/10/1445H corresponding to 17/04/2024G between Tabuk Agricultural Development Company and Tobian Limited Company (NEOM Food Company), and to the company’s announcement dated 14/04/2025G corresponding to 16/10/1446H regarding the extension of the MoU for an additional six months starting from 17/04/2025G.

Tabuk Agricultural Development Company announces the expiration of the Memorandum of Understanding (MoU) signed with Tobian Limited Company and confirms that it will not be extended. Previous Announcement Tabuk Agricultural Development Co. Announces the latest developments about the signing of a (non-binding) memorandum of understanding with TOPIAN Limited Company, (NEOM’s Food Company) for cooperating to plan, develop, construct and operate hydroponic greenhouse for the production of fruits and vegetables. Date of Previous Announcement on Saudi Exchange’s Website 2025-04-14 Corresponding to 1446-10-16 Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here Latest Developments Of The Announced Event Tabuk Agricultural Development Company announces the expiration of the Memorandum of Understanding (MoU) signed with Tobian Limited Company (one of NEOM Food’s subsidiaries) on October 17, 2025G (corresponding to 25/04/1447H) and confirms that it will not be extended. 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. No financial impact. Delay consequences on the Company’s financial results 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.