BATC Investment and Logistics Company announced that its subsidiary (the Saudi Transport and Investment Company "Mubarrad" that it has signed a product transportation contract with the National Agricultural Development Company NADEC. The total contract value for the three-year period amounts to SAR 32,221,800. Contract Details: Transport NADEC company refrigerated, non-refrigerated, and dry products, through MUBBARAD fleet (Trucks and trailers) from and within Saudi Arabia to serve its customers in local, GCC, and other Arabian countries markets.

Contract Duration: Three years, commencing on January 2024 and ending in December 2026. Financial Impact and the Relevant Period: The financial impact on the company will be reflected throughout the three-year contract period, starting from January 2024 until December 2026. The signature of the contract were completed, and received at the end of March 28, 2024.