Etihad GO Telecom Co. — Capital/Financing Update 2022

Nov 3, 2022

Etihad Atheeb Telecommunication Co. (GO) Announces Project Award with Network Science Telecommunication Company

7040 · 03/11/2022 15:36:01 · Announcement #70798 · View on Saudi Exchange

Etihad Atheeb Telecommunication Co. (GO) Announces Project Award with Network Science Telecommunication Company

Element List	Explanation
Introduction	Etihad Atheeb Telecom Company (GO) announces that it has awarded a project to and signed a contract with Network Science Telecommunication Company for the purpose of supplying and installing 5G communication network and devices, which is part of the company's digital transformation strategy using modern technologies.
Date of Award	2022-10-27 Corresponding to 1444-04-02
Project Value	30,987,900.00 SR Including VAT
Expected Date for Signing the Contract	2022-11-03 Corresponding to 1444-04-09
Project Details	installing 5G communication network and devices
Related Parties	NA
Additional Information	Duration of the contract:

5 Years

Financial Impact:

The financial impact of this contract will be reflected in the Company’s financial results starting from the third financial quarter of 2022 until the end of this contract.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.