| Introduction |
Sadr Logistics Services Company announces the signing of a contract with Saudi Ceramic Company for the supply of wooden pallets, as part of the works related to the project for the supply and installation of advanced storage systems for the Company’s central warehouses in Riyadh, which was previously announced on April 30, 2026. |
| Date of Announcement of the Award |
2026-08-10 Corresponding to 1448-02-27 |
| Contract Subject Matter |
Supply of Wooden Pallets to Saudi Ceramic Company. |
| The Entity with Which the Contract was Signed |
Saudi Ceramic Company |
| Date of Signing the Contract |
2026-08-10 Corresponding to 1448-02-27 |
| Contract Value |
3,534,640 SAR (Inclusive of Value Added Tax). |
| Contract Details |
The contract includes the supply of wooden pallets to Saudi Ceramic Company as part of the works related to the project for the supply and installation of advanced storage systems for the Company’s central warehouses in Riyadh. |
| Contract Duration |
The contract duration is 4 months, until December 2026. |
| Financial Impact and the Relevant Period |
The financial impact of the contract is expected to be reflected during the third and fourth quarters of the fiscal year 2026. |
| Related Parties |
There is an indirect interest for the Chief Executive Officer, Eng. Majed bin Abdullah Al-Issa, Board Member (Executive Member), through his membership on the Board of Directors of Saudi Ceramic Company as a Non-Executive Member. |
| Additional Information |
Sadr Logistics Services Company confirms that the contract falls within the ordinary course of business and has been concluded under prevailing commercial terms with no preferential benefits. The contract will be presented to the Company’s General Assembly for approval in accordance with the applicable regulatory procedures for contracts and transactions with related parties. |
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