33.1 Commitments

As at December 31, 2025, the Company had outstanding capital commitments of Saudi Riyals 1,052.62 million (December 31, 2024: Saudi Riyals 881.31 million) in respect of additions to property, plant and equipment at its Jeddah and Yanbu refineries.

33.2 Contingencies

As at December 31, 2025, letters of guarantees issued by banks on behalf of the Company amounted to Saudi Riyals 3.61 million (December 31, 2024: Saudi Riyals 3.86 million) and letters of credit issued by banks on behalf of the Company is Saudi Riyals 58.28 million (December 31, 2024: Saudi Riyals 59.17 million) for various business needs.