Alqemam for Computer Systems Co. announces contract sign off with Afaq Saher Contracting Est for 7,331,250 SAR to implement information technology services with technical support and operations for licenses, digital platforms, network, and information technology infrastructure for one of its clients. Date of Announcement of the Award: April 22, 2024 Corresponding to 1445-10-13.

Contract Subject Matter: Implementation of Information Technology Services with Technical Support and Operations for Licenses, Digital Platforms, Network, and Information Technology Infrastructure. The Entity with Which the Contract was Signed: Afaq Saher Contracting Est. Date of Signing the Contract: April 22, 2024 Corresponding to 1445-10-13.

Contract Value: SAR 7,331,250. Contract Details: The contract encompasses the implementation of information technology systems, including technical support and operational services for digital system licenses, platforms, network infrastructure, for a total value of SAR 7,331,250 (inclusive of VAT). The implementation period is 1,095 days from the contract signing date.

Contract Duration: 1,095 days. Financial Impact and the Relevant Period: The financial impact of this contract is expected to reflect in the company's revenues for the first half of the fiscal year 2024.