| EXPLANATION | ELEMENT LIST |
| Further to Saudi Lime Industries Company’s announcement published on Tadawul website on 04-01-2024 corresponding to 22-06-1445 regarding its receipt of notice of an adjustment to the prices of fuel products, the company would like to clarify the expected financial impact of this amendment. | Introduction |
| 04/01/2024 | Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website |
| link | Hyperlink to the Previous Announcement |
| The company announces that the financial impact of the fuel increase prices is estimated to increase production costs in the range of 11%. The company would also like to assure its esteemed shareholders that it will work during the coming period to explore ways to reduce the financial impact of this adjustment on the company’s profits and will continue to implement its plans to reduce costs and improve production and operating efficiency. | Change on the Development |
| The direct financial impact is estimated at an increase in production costs of approximately 11%. | Financial Impact on the change |
