KEC International Limited — Others, 09-08-2025: Giving guarantees/indemnity/ becoming a surety for third party

KEC International has issued a Corporate Guarantee of SAR 123.75 Million on behalf of its subsidiary, Al Sharif Group & KEC Limited Company. This guarantee was provided to an overseas bank that extended banking facilities to the subsidiary. While this action creates a contingent liability for KEC International, meaning a potential future financial obligation, the company currently anticipates no direct impact. This support is crucial for the subsidiary's financing and operations, demonstrating KEC's commitment to its group entities and their growth.