| Element List | Explanation |
|---|---|
| Introduction | Arabian Internet and Communications Services Company (solutions) announces the signing of a contract with STC Bank (Related Party) to provide managed SMS service. |
| Date of Announcement of the Award | 2025-09-30 Corresponding to 1447-04-08 |
| Contract Subject Matter | Providing managed SMS service. |
| The Entity with Which the Contract was Signed | STC Bank |
| Date of Signing the Contract | 2025-09-30 Corresponding to 1447-04-08 |
| Contract Value | SAR 131,000,000 |
| Contract Details | Providing managed SMS service for STC Bank. |
| Contract Duration | 2 years |
| Financial Impact and the Relevant Period | The financial impact on the company's financial statements will appear starting from the 3rd quarter of the year 2025. |
| Related Parties | stc which considered the largest shareholder for both solutions and STC Bank with an ownership of 79.0% of solutions shares, and 87.6% of STC Bank shares. |
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.