On July 2, 2026, Baazeem Trading Company announced the signing of a Cooperative Health Insurance Services Contract with Bupa Arabia for Cooperative Insurance, executed on June 25, 2026. The one-year contract, effective from June 29, 2026, covers health insurance for company employees and their family members, with a value representing 1.48% of the company's 2025 revenues. No additional financial impact is expected in 2026 compared to previous years. It is noted that Engineer Ali Mohammed Shneimer, a board member of Baazeem Trading Company and a senior executive at Bupa Arabia, did not participate in the decision-making process, and the contract was conducted within the ordinary course of business without any preferential benefits.

Original announcement:

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.