|Further to SIIG announcement regarding the receipt by its subsidiaries of a notice from Saudi Aramco to amend the feedstock prices where the company wishes to clarify the preliminary estimates for the financial impact.
|Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website
|2024-01-04 Corresponding to 1445-06-22
|Hyperlink to the Previous Announcement
|Change on the Development
|SIIG wishes to clarify that preliminary estimates indicate that the approximate financial impact of this rise is about 1.4% of the Cost of Goods Sold for the Joint Ventures according to the latest financial statements.
|Financial Impact on the change
|This impact will start with the financial results for the first quarter of 2024.