• The allocation of additional Ethane for an expansion of the Saudi Polymers Company SPCo (owned 65% by SIIG) in the Jubail Industrial City. This expansion is expected to increase the production of its end products. The company is currently working on related engineering studies and designs for this expansion project. It is anticipated that the expansion will start up by the beginning of 2029.

• It is worth noting that SPCo is expected to benefit from a portion of this allocation before the actual expansion project is completed, as it currently has unutilized capacities.

• The company has also received an additional allocation of Natural Gasoline for its joint venture projects, Saudi Chevron Phillips and Jubail Chevron Phillips companies (owned 50% by SIIG), which should increase the overall production at the entire complex. The JVs are expected to start benefiting from this feed before the end of this year.

These additional allocations are expected to have a positive impact on SIIG's financial results gradually over the next three years, as the additional feed becomes available, and may eventually exceed an estimated total of SR470 million per year in net profit by the end of the expansion project and startup in 2029, this is based on forecasted products’ prices.

In this regard, SIIG would like to express its sincere gratitude and appreciation to the Ministry of Energy for its confidence in the Company’s performance and for the continuous efforts made by the Ministry to support and enhance the petrochemicals industry, which will increase the national industries' competitiveness and achieve the Kingdom’s Vision 2030.

Any material development related to this event will be announced in accordance with the relevant laws and regulations.