JORDAN PHOSPHATE MINES

To: Jordan Securities Commission,

ﺔﻴﻟﺎﻤﻟﺍ ﻕﺍﺭﻭﻻﺍ ﺔﺌﻴﻫ ﺓﺩﺎﺴﻟﺍ

Amman Stock Exchange

ﻥﺎﻤﻋ ﺔﺻﺭﻮﺑ ﺓﺩﺎﺴﻟﺍ

Company's Name: JORDAN PHOSPHATE MINES

ﺔﻴﻧﺩﺭﻻﺍ ﺕﺎﻔﺳﻮﻔﻟﺍ ﻢﺟﺎﻨﻣ :ﺔﻛﺮﺸﻟﺍ ﻢﺳﺍ

Date: 26-01-2022 08:31:02 AM

AM 08:31:02 2022-01-26 :ﺦﻳﺭﺎﺘﻟﺍ

Subject: Abatement and Settlement of all Lawsuits

ﺔﻴﺋﺎﻀﻘﻟﺍ ﻯﻭﺎﻋﺪﻟﺍ ﺔﻳﻮﺴﺗﻭ :ﻉﻮﺿﻮﻤﻟﺍ

Kindly note that JPMC signed yesterday evening - Sundayﻡﻮﻳ ﺀﺎﺴﻣ ﺖﻌﻗﻭ ﻡ.ﻉ.ﻡ ﺔﻴﻧﺩﺭﻻﺍ ﺕﺎﻔﺳﻮﻔﻟﺍ ﻢﺟﺎﻨﻣ ﺔﻛﺮﺷ ﻥﺄﺑ ﻢﻠﻌﻟﺍ ﻮﺟﺮﻧ

23.01.2022 a conciliation contract with ARKAN for

ﺔﻴﺋﺎﺸﻧﻻﺍ ﺕﻻﻭﺎﻘﻤﻠﻟ ﻥﺎﻛﺭﺍ ﺔﻛﺮﺷ ﻊﻣ ﺢﻠﺻ ﺪﻘﻋ 2022/1/23 ﻖﻓﺍﻮﻤﻟﺍ ﺪﺣﻻﺍ

Contracting Construction and Mining Works Company ﺀﺎﻬﻧﻹ ﻲﺋﺎﺿﺭ ﻕﺎﻔﺗﺍ ﻰﻟﺍ ﻥﺎﻓﺮﻄﻟﺍ ﻪﺒﺟﻮﻤﺑ ﻞﺻﻮﺗ ،ﺔﻴﻨﻳﺪﻌﺘﻟﺍ ﺕﺍﺪﻬﻌﺘﻟﺍﻭ

Ltd. whereby the two parties reached an amicable

.ﺎﻤﻬﻨﻴﺑ ﺔﻴﻧﻮﻧﺎﻘﻟﺍ ﺕﺎﻋﺍﺰﻨﻟﺍ

agreement to end the disputes between them.

ﻦﻴﺑ ﻉﺍﺰﻨﻟﺍ ﻝﺍﻭﺯﻭ ﺔﻣﻮﺼﺨﻟﺍ ﻊﻄﻗ ﻰﻠﻋ ،ﺪﻘﻌﻟﺍ ﺍﺬﻫ ﺐﺟﻮﻤﺑ ﻥﺎﻓﺮﻄﻟﺍ ﻖﻔﺗﺍﻭ

Upon this contract, both parties agreed to end the

ﻢﺟﺎﻨﻣ ﺔﻛﺮﺷ ﻖﺤﺑ ﻥﺎﻛﺭﺍ ﺔﻛﺮﺷ ﺎﻬﺘﻣﺎﻗﺍ ﺔﻴﺋﺎﻀﻗ ﻯﻭﺎﻋﺩ ﺔﻌﺑﺭﺍ ﻲﻓ ﻦﻴﻓﺮﻄﻟﺍ

litigation and dispute between them in four lawsuits thatﺕﺎﻔﺳﻮﻔﻟﺍ ﻢﺟﺎﻨﻣ ﺔﻛﺮﺷ ﺎﻬﺘﻣﺎﻗﺍ ﺔﻴﺋﺎﻀﻗ ﻯﻮﻋﺩ ﻲﻓﻭ ،ﺔﻴﻧﺩﺭﻻﺍ ﺕﺎﻔﺳﻮﻔﻟﺍ

ARKAN filed against JPMC and a lawsuit that JPMC filedﻎﻠﺒﻣ ﻊﻓﺩ ﻯﻭﺎﻋﺪﻟﺍ ﻩﺬﻫ ﻰﻠﻋ ﺢﻠﺼﻟﺍ ﺮﺛﺍ ﻥﺎﻛ ﺪﻗﻭ ،ﻥﺎﻛﺭﺍ ﺔﻛﺮﺷ ﻖﺤﺑ ﺔﻴﻧﺩﺭﻻﺍ

against ARKAN, the effect of the conciliation on these

ﺭﺎﺒﺘﻋﺍﻭ ،ﺔﻴﻧﺩﺭﻻﺍ ﺕﺎﻔﺳﻮﻔﻟﺍ ﻢﺟﺎﻨﻣ ﺔﻛﺮﺷ ﺢﻟﺎﺼﻟ ﺭﺎﻨﻳﺩ ﻥﻮﻴﻠﻣ (1.976)

lawsuits was the payment of an amount of JD1.976 millionﻕﻮﻘﺤﻟﺍ ﻊﻴﻤﺟ ﻪﻴﻓ ﺮﺼﺤﻨﺗﻭ ،ﻦﻴﻓﺮﻄﻟﺍ ﻦﻴﺑ ﺢﻠﺼﻠﻟ ًﻻﺪﺑ ﺪﻘﻌﻟﺍ ﺍﺬﻫ

in favor of the Jordan Phosphate Mines Company,. This

.ﺢﻠﺼﻟﺍ ﻕﺎﻔﺗﺍ ﺔﻨﻤﻀﺘﻤﻟﺍ ﺎﻳﺎﻀﻘﻟﺍ ﻲﻓ ﺕﺎﺒﻟﺎﻄﻤﻟﺍﻭ ﺕﺍﺀﺎﻋﺩﻻﺍﻭ

contract will be in lieu of conciliation between the two

parties and it includes all the rights, prosecutions, and

claims in the cases that include the conciliation agreement

(contract).

25-01-2022

25-01-2022

Please accept our sincere thanks and appreciation.

.ﻡﺍﺮﺘﺣﻻﺍ ﻖﺋﺎﻓ ﻝﻮﺒﻘﺑ ﺍﻮﻠﻀﻔﺗﻭ

Chairman of Board of Directors

ﺓﺭﺍﺩﻹﺍ ﺲﻠﺠﻣ ﺲﻴﺋﺭ

User Name: ﻦﻴﻋﺍﺮﻗ ﺀﺎﻨﺳ

ﻦﻴﻋﺍﺮﻗ ﺀﺎﻨﺳ :ﻡﺪﺨﺘﺴﻤﻟﺍ ﻢﺳﺍ

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Jordan Phosphate Mines Company PSC published this content on 26 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2022 07:05:07 UTC.