“Advanced” signs support framew“Advanced” signs support framework agreement with SHAREEK programork agreement with SHAREEK program

Advanced Petrochemical Company (“ADVANCED”) announced on Thursday that the signing of the Support Framework Agreement with SHAREEK to enable ADVANCED to maximize its domestic investment plan, in which ADVANCED was selected as one of the companies eligible to participate in SHAREEK Program.

The Agreement outlines ADVANCED’s eligibility criteria and entitlement to request SHAREEK’s support programs for ADVANCED domestic investment plan.

The Company said today on Tadawul that the eligibility obligations end by 31 December 2030, explained that there is no financial impact on the current business and ongoing projects