| Element List | Explanation |
|---|---|
| Introduction | East Pipes Integrated Company for Industry Announcement the Board of Directors’ approval of a capital investment for strategic material handling assets. |
| Transaction Details | Capital investment for strategic material handling assets, this investment aims to develop the company’s logistical infrastructure and optimize the operating cost of the company. |
| Transaction Amount | an estimated cost of approximately SAR 33.6 million |
| Transaction Conditions | NA |
| Parties of the Transaction | Contracts will be concluded with one party or several parties for the supply of equipment. |
| Transaction Financing Method | The project will be funded from the company’s available cash, bank facilities, and other financing programs |
| Date of Entering Into The Transaction | 2026-03-31 Corresponding to 1447-10-12 |
| Description of Activity of The Asset Subject of The Transaction | Material handling equipment |
| Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction | NA |
| Transaction reasons | Enhance material handling capacity and optimize the operating cost. |
| Expected Impact of the Transaction on the Company and Its Operations | The financial impact expected to be reflected in the company’s financial results starting for the fiscal year 2026–2027. |
| Related Parties | NA |
