East Pipes Integrated Company for Industry announced Contract Sign Off with Saudi Arabian Oil Co. Date of Signing the Contract: December 6, 2023. Contract Value: Value exceeding SAR 170 million inclusive value added tax.

Contract Duration: 20 Months. Financial Impact and the Relevant Period: The financial impact of the contract will be reflected in first quarter of financial year 2024/2025 till second quarter of financial year 2025/2026.