Arabian Contracting Services Company entered into an exclusive agent agreement for advertising services with Elan Media Advertisin. Elan appoints Arabian Contracting Services Co. as its exclusive representative in the (external) advertising portfolios and acquires exclusive rights under (the -Agreement-) and that-s to locate and attract customers and businesses in the local market in Kingdom of Saudi Arabia, Egypt, Bahrain, and Kuwait during the FIFA World Cup 2022 held in Qatar, and according to (the -Agreement-) all advertising inquiries are directed from local customers and their agencies in the areas mentioned above will be through (the Distributor).

The scope of Arabian Contracting Services Co. (the Distributor) also includes preparing a commercial offer and a media plan with the company (Elan). In contrast, the company (-Elan-) will deliver the media and advertising platforms during a specific period and in accordance with terms of media plan approved and accepted by both parties for each customer.

(The -Agreement Signing Date-) and shall be valid until December 31, 2022. Also, this Agreement may be extended or changed in another way through a mutual written agreement between the two parties. The financial impact resulting from this (-Agreement-) will be reflected starting from the 4th quarter of 2022, as the income from the operations resulting from this agreement will be shared between the parties (Revenue-Share model) according to previously agreed percentage.