Saudi Industrial Services Co. Announces an update on Signing of a contract by an associate company for the construction of an independent sewage treatment plant in the city of Madinah.

Saudi Industrial Services Co. Announces an update on Signing of a contract by an associate company for the construction of an independent sewage treatment plant in the city of Madinah.

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|Introduction||Pursuant the company’s announcement on 20/02/1443H corresponding to 27/09/2021 the Saudi Industrial Services Company "SISCO" announces developments by its associate company, the International Water Distribution Company “Tawzea” -which is equally owned by the Saudi Industrial Services Company "SISCO” and the Saudi Arabian Amiantit Company "- that Tawzea as the developer for the independent wastewater treatment plant in Madinah, has successfully achieved financial closure in close coordination with the Saudi Water Partnerships Company on 30/07/1443H corresponding to 03/03/2022 in cooperation with the consortium that it has formed in partnership with the Spanish company "Acciona" and the Saudi Company “Tamasuk Holding“ to support the development of the sewage treatment plant and its financing, in addition of the provision of engineering and procurement services, construction concession, implementation, ownership, operation and maintenance, and then transfer of ownership (BOOT) to the Saudi Water Partnerships Company .( Tawzea share is 35% )|

|Previous Announcement||Signing of a contract by an associate company for the construction of an independent sewage treatment plant in the city of Madinah.|

|Date of Previous Announcement on Tadawul's Website||2021-09-27 Corresponding to 1443-02-20|

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|Event's Expected Completion Date||NA|

|The costs associated with the event, and if they have changed or not with indication of the