Disclosure of Material Information Form


Details
National Industries Group (Holding) (K.P.S.C.)
09/08/2026

Material information form

Disclosure on availability of Material Information related to Subsidiary Companies and Associate Companies of a Listed Company, which has a Significant Effect on its financial position.
Disclosure of material information regarding an associate
09/08/2026
We have received a notification from National Industries Company K.S.C.P. (an associate) stating that, according to Scomi Oiltools Middle Easta subsidiary of National Industries Company (K.S.C.P.), has signed a change order extending the execution period of two contracts with Kuwait Oil Company for a period of six months as follows: First: The contract for the provision of drilling products and engineering services related to deep well drilling has been extended to January 9, 2027, instead of July 9, 2026. As a result of extending the execution period, the contract value has been increased by KWD 11,323,382 (Kuwaiti Dinars Eleven Million Three Hundred Twenty-Three Thousand Three Hundred Eighty-Two only). Second: The contract for the provision of drilling products and engineering services related to development well drilling has been extended to January 9, 2027, instead of July 9, 2026. As a result of extending the execution period, the contract value has been increased by KWD 1,720,018 (Kuwaiti Dinars One Million Seven Hundred Twenty Thousand Eighteen only).
The financial impact of the contract extension and the increase in its value is expected to be reflected in the financial statements of the associate (National Industries Company).
BK 501 DIS.pdf

Significant effect on the financial position shall be mentioned if the material information can measure that effect, excluding the financial effect resulting from tenders or similar contracts.

If a listed company, which is a member of a group, disclosed some material information related to it and has significant effect on other listed companies’ which are members of the same group, the other companies’ disclosure obligations are limited to disclosing the information and the financial effect occurring to that company itself.

The issuer of this disclosure bears full responsibility for the soundness, accuracy, and completeness of the information contained therein. The issuer acknowledges that it has assumed Care of a Prudent Person to avoid any misleading, false, or incomplete information. The Capital Markets Authority and Boursa Kuwait Securities Exchange shall have no liability whatsoever for the contents of this disclosure.This disclaimer applies to any damages incurred by any Person as a result of the publication of this disclosure, permitting its dissemination through their electronic systems or websites, or its use in any other manner.