| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The reason of the decrease in revenues was primarily driven by lower base oil and by-products sales volumes resulting from the planned turnaround of the Yanbu facility. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason of the decrease in net income is mainly driven by lower base oil sales volumes despite the increase in base oil crack margin. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | None |
| Reclassification of Comparison Items | None |
| Additional Information | - |
| Attached Documents |  |
