Tabuk Agricultural Development Company announced that it has signed a contract with "Wafrah for Industry and Development company" for the purpose of selling Tabuk Agri. co. its product of industrial potatoes to Wafrah Co., knowing that Tabuk Agricultural Development Company is one of the Saudi national companies specialized in the cultivation and production of industrial potatoes.

Date of Announcement of the Award: February 6, 2023, Date of Signing the Contract: February 6, 2023. Contract Value: SAR 16,120,000 not including transportation costs and value-added tax . The two parties agreed that Tabuk Agricultural Development Company would supply Wafrah for Industry and Development Company with quantities of its industrial potato product according to the supply schedule agreed upon in the contract.

This contract will be a continuation of the dealings between the two companies in various fields. Financial Impact and the Relevant Period: The positive financial impact on the company's financial statements is expected to appear on the fourth quarter of 2024 AD and the first quarter of 2025 AD.