| Introduction | Long-term Contract Extension |
| Date of Announcement of the Award | 2025-05-05 Corresponding to 1446-11-07 |
| Contract Subject Matter | Arabian Drilling Announces Long Term Contracts Extension for Two Land Rigs with Saudi Aramco |
| The Entity with Which the Contract was Signed | Saudi Aramco |
| Date of Signing the Contract | 2025-05-05 Corresponding to 1446-11-07 |
| Contract Value | SAR 1,067 million |
| Contract Details | Arabian Drilling will continue to supply fully staffed two land rigs for Aramco to perform drilling operations in the Kingdom of Saudi Arabia |
| Contract Duration | 10 Years per rig |
| Financial Impact and the Relevant Period | Contribution to the Company's revenue is expected to start in Q2 2025. |
| Related Parties | Not Applicable |
| Additional Information | Not Applicable |
| Attached Documents |  |
