The Middle East Paper Co. announced the signing of a contract with J.M. Voith SE & Co. KG Company for manufacturing, supplying, and supervising the installation of the main machine for the project.

Date of Announcement of the Award: April 22, 2024. Contract Subject Matter: Engineering and Supply Contract. The Entity with Which the Contract was Signed: .M. Voith SE & Co.

KG Company. Date of Signing the Contract: April 22, 2024. Contract value:The contract value exceeds 62% of the Companys total revenue according to the last audited annual financial statement.

Contract details: Purchase of a complete line of paper production machines with a production capacity of 450 thousand tons per year and a speed of 1600 meters/minute, and the Counterparty in the contract will be responsible for manufacturing, supplying, and supervising the installation of the machine. Contract Duration:36 Months. Financial impact: The financial impact will start from Fourth Quarter 2027.