Despite the challenges faced by the global economy in recent years in general, and the Saudi market in particular, the company continued its growth based on the strong commercial foundation that spans nearly seven decades and the robustness and flexibility of the principles it is built upon, in accordance Despite the challenges faced by the global economy in recent years, and the Saudi market in particular, the company has successfully continued its growth, relying on a strong business foundation spanning nearly seven decades. This is thanks to the resilience and flexibility of the principles it operates on, guided by a strategy primarily aimed at supporting the goals of Vision 2030 for the Kingdom. The support provided by the state, under the leadership of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, to the business sector, has greatly contributed to enhancing and creating an incentivizing investment environment in the Kingdom. This has been the cornerstone for implementing numerous expansion plans amidst the economic development we are witnessing in Saudi Arabia.

Recognizing the importance of transparency and in compliance with regulations issued by relevant authorities, our distinguished team of consultants and specialized professionals ensures that all practices are in line with the Corporate Governance Regulations issued by the Capital Market Authority.

The institutional governance structures of the company have continued to drive its ongoing success in fulfilling its commitments and responsibilities towards regulatory bodies and stakeholders, and adopting the best environmental, social, and economic practices.

In conclusion, I extend my sincere thanks and appreciation to all members of the Board of Directors and the committees derived from it, for their efforts and wise guidance. I also would like to express my gratitude to the executive management team and employees of the company, who have maintained their commitment to the company's values and continued to deliver the highest level of performance to achieve strategic objectives. I cannot overlook the importance of the role of suppliers as essential partners in our success, and our customers whom we promise to maintain the honesty and trustworthiness inherited through generations. In conclusion, everyone plays a fundamental role in the journey of development and growth we are experiencing, contributing tangibly to the continuity of the journey of success.

And Allah is the source of strength.