Super Iron Foundry Ltd — Important, 19-08-2025: Company Update

Super Iron Foundry Ltd.'s wholly owned subsidiary, SIF Saudi Arabia Company Limited, has entered into a 10-year land lease agreement with Saudi Industrial Authority (MODON) to establish a foundry and manufacturing unit in Dammam 3rd Industrial City. The allocated land measures 9141 square meters. This strategic move aims to diversify the company's manufacturing base, enabling it to deliver cost-efficient products and ensure a seamless supply chain for its global clients, particularly in light of current tariff challenges.