Arabian Cement Company announces the latest update of the (Arabian Cement Company announces a lawsuit case at the Commercial Court against Emaar, the Economic City company)

Arabian Cement Company announces the latest update of the (Arabian Cement Company announces a lawsuit case at the Commercial Court against Emaar, the Economic City company)

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|Introduction|| With reference to the previous announcement on Tadawul Website dated on 28/03/1444 H Corresponding to 24/10/2022 AD regarding the issuance of a court ruling from the Commercial Court in Jeddah (First appellate chamber) No. (4430155177) dated 28/03/1444 H corresponding to 24/10/2022 AD canceling the ruling of the Commercial Court in Jeddah (Fifteenth chamber) issued on 13/11/1443 H corresponding to 12/06/2022 AD, case No. (439006544) and the ruling of the lack of jurisdiction of commercial courts to consider this case, and the company's decision to file a lawsuit for the same purpose at the General Court in Jeddah.

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Accordingly, Arabian Cement Company announces the issuance of a preliminary court ruling in its favor No. ( 4430951326 ) dated 11/11/1444 H corresponding to 31/05/2023 AD from the General Court in Jeddah against Emaar, Economic City Company by obliging the defendant (Emaar, Economic City Company) to make available to the plaintiff (Arabian Cement Company) a total quantity of 4,572,270 tones (Four millions five hundreds and seventy two thousands and two hundreds and seventy tons) of limestone usable in cement manufacturing and to enable the plaintiff ( Arabian Cement Company) to receive the quantity-immediately- in accordance with the agreement signed between the parties