As a result of the precautionary and preventive measures taken by the competent authorities in the Kingdom to prevent the outbreak of coronavirus (COVID-19), which directly affected the air traffic movement to and from the Kingdom and therefore all associated services to this, Saudi Airlines Catering Co. ‘’SACC’’ announces its anticipation that such precautionary and preventive measures may impact its forecasted revenues and its cash-flow status.

Due to the difficulty in determining the duration of these temporary precautionary and preventive measures, it is currently not possible for the company to accurately determine the financial impact expected in light of this period.

The company is constantly observing the relevant updates on this matter and will announce relevant information in respect of any material development as necessary.

The Capital Market Authority and the Saudi Stock 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.

Source: Tadawul

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