| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | ADES recorded robust revenues of SAR 6.7 billion in FY 2025, reflecting an increase of 7.9% y-o-y VS 2024. This reflects the Group’s operational excellence across its core markets, alongside the initial contributions from recently entered geographies and the acquisition of Shelf Drilling in late November 2025. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | Net profit increased by 2.0% year-over-year to SAR 832.9 million in FY 2025, with net profit margin at 12.5% compared to 13.2% in FY 2024, reflecting increased depreciation and interest expenses relative to revenue during the year, as well as a gain on equity instruments designated at fair value through profit or loss recognized in the third quarter, which was largely offset by acquisition-related transaction costs. |
| 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) | Unmodified conclusion |
| Reclassification of Comparison Items | N/A |
| Additional Information | * EPS is calculated based on the weighted average number of ordinary shares of 1,101,446 thousands shares in year 2025 compared to 1,097,325 thousands shares during 2024. **Operating profit is calculated as Gross profit less General and administrative expenses. |
| Attached Documents |  |
