These businesses and contracts are (Purchase order with no special conditions for one time for the Spiral Wound Membrane to meet the demand of Barka Plant in Sultanate of Oman in the amount of SAR)). These businesses and contracts are (Purchase order to supply Membrane to meet the demand of the Barka plant in Sultanate of Oman in the amount of USD)). These businesses and contracts are (Supply certain parts to be installed and exported in Al Dur II plant in Bahrain in the amount of (3,000 USD)).
These companies and contracts are (equity bridging loan (EBL) in USD) which form part of the company's commitment in the NEWM Green Hydrogen Project). These companies and contracts are (USD bid bond issues) to participate in Round 6 of the South African Renewable Energy Program). These companies and contracts are (Rate Agreement for the supply of filter cartridge to Shuaiba Expansion Project Company for one year as Abunayyan Trading Company is the exclusive authorized distributor in the Kingdom of Saudi Arabia and in the amount of SAR)).
These companies and contracts are (Supply 8,000 cartridge filters to Shuaiba Expansion Project Company and in the amount of SAR)). These companies and contracts are (Supply spare parts manufactured by Charlatte Reservoirs - Abunayyan Trading Company is the sole agent in Saudi Arabia- to Shuaibah II Water Development Project Company and in the amount of SAR)). These businesses and contracts are (Supply certain spare parts and services to be installed and performed in Seqayah Operation and Maintenance Company and in the amount of SAR)).
These businesses and contracts are (Provide pumps for Rabigh Operation and Maintenance Company in the amount of SAR)).
Chairman notification letter pertaining to business and contracts which involves interest to directors in accordance
سلجملا ءاضعلأ ةحلصم لثمت يتلا دوقعلاو لامعلأا صوصخب ةرادلإا سلجم سيئر غيلبت ةداملل اقفو
71كرشلا ماظت نم
Notification letter from the chairman regarding matters and contracts that involve interests for directors. Report of the external auditor regarding matters and contracts involving interests for directors in accordance with article.
External Auditor report pertaining to business and contracts which involves interest to directors in accordance to article
71 of the Companies Law
ريرقت
صوصخبلامعلأا
دوقعلاويتلا
لثمت
سلجملا
اقفوةداملل
نمماظت
The report issued by the chartered accountant of the company which meets the requirements of financial
لا ريرقت
نع
ةكرشلليذلا
يفوتسيطورش
ةئلاملا
34;لودﺟﻟا") ﺔﯾﻟﺎﻣﻟا ةءﻼﻣﻟا رﯾرﻘﺗ لوﺣ ﺎﮭﯾﻠﻋ ﻖﻔﺗﻣﻟا تاءارﺟﻹا لوﺣ رﯾرﻘﺗ ﻲﻠﯾﺳرأ وﻛرﺎﻣ / دﯾﺳﻟا
ضﺎﯾرﻟا11416
ﺔﻛﻠﻣﻣﻟاﺔﯾدوﻌﺳﻟا ﺔﯾﺑرﻌﻟا
ﺦﯾرﺎﺗﺑ ﺔﯾدوﻌﺳﻟا ﺔﯾﺑرﻌﻟا ﺔﻛﻠﻣﻣﻟا ﻲﻓ ﺔﯾﻟﺎﻣﻟا قوﺳﻟا ﺔﺋﯾھ سﻠﺟﻣ نﻋ ةردﺎﺻﻟا ﺔﺟردﻣﻟا ﺔﻣھﺎﺳﻣﻟا تﺎﻛرﺷﺑ ﺔﺻﺎﺧﻟا تﺎﻛرﺷﻟا 16
رﺑوﺗﻛأ 2016
ﺦﯾرﺎﺗﺑ5
سرﺎﻣ 2023
34;عوﺿوﻣﻟا") ًﺎﺑﺳﺎﻧﻣ نوﻛﯾ ﻻ دﻗ رﯾرﻘﺗﻟا اذھ نﺎﻓ ،ﮫﯾﻠﻋو
يﻷ .رﺧآ ضرﻏ
مادﺧﺗﺳﻻا ﻰﻠﻋ دوﯾﻘﻟا رﯾرﻘﺗ نإ
رﺧآ فرط يأ لﺑﻗ نﻣ ،مدﺧﺗﺳﯾ ﻻأ بﺟﯾو ،مدﺧﺗﺳﯾ نأ ﮫﻧﻣ فﯾﻠﻛﺗﻟﺎﺑ مﺋﺎﻘﻟا فرطﻟا تﺎﯾﻟوؤﺳﻣ
ﺔﻛرﺷﻟا نأ ﺎﻣﻛ
ﮫﻧﺄﺷﺑ ﺎﮭﯾﻠﻋ ﻖﻔﺗﻣﻟا تاءارﺟﻹا ذﯾﻔﻧﺗ مﺗ يذﻟا عوﺿوﻣﻟا نﻋ لوؤﺳﻣﻟا فرطﻟا ﻲھ ًﺎﺿﯾأ ﺔﯾﻟوؤﺳﻣ ﻲھ تاءارﺟﻹا هذھ ﺔﯾﺎﻔﻛ نإ
طﻘﻓ فﯾﻠﻛﺗﻟﺎﺑ مﺋﺎﻘﻟا فرطﻟا ﻲﻧوﻧﺎﻘﻟا بﺳﺎﺣﻣﻟا تﺎﯾﻟوؤﺳﻣ
تﺎطﺎﺑﺗرا" ،(لّدﻌﻣﻟا) ( 4400
ﺔﯾدوﻌﺳﻟا ﺔﯾﺑرﻌﻟا ﺔﻛﻠﻣﻣﻟا ﻲﻓ دﻣﺗﻌﻣﻟا "ﺎﮭﯾﻠﻋ ﻖﻔﺗﻣﻟا تاءارﺟﻹا تاءارﺟﻹا ذﯾﻔﻧﺗ ﺎﮭﯾﻠﻋ ﻖﻔﺗﻣﻟا تاءارﺟﻹا طﺎﺑﺗرا نﻣﺿﺗﯾو
ﻟا ﺞﺋﺎﺗﻧﻟا نﻋ رﯾرﻘﺗﻟاو ،فﯾﻠﻛﺗﻟﺎﺑ مﺋﺎﻘﻟا فرطﻟا ﻊﻣ ﺎﮭﯾﻠﻋ قﺎﻔﺗﻻا مﺗ ﻲﺗﻟا مﺗ ﻲﺗﻟا ﺎﮭﯾﻠﻋ ﻖﻔﺗﻣﻟا تاءارﺟﻺﻟ ﺔﯾﻠﻌﻓ ﺞﺋﺎﺗﻧ رﺑﺗﻌﺗ ﻲﺗ
ﺎھذﯾﻔﻧﺗ بﻠط مﺗ يذﻟا ضرﻐﻠﻟ ًءاوﺳ هﺎﻧدأ ةروﻛذﻣﻟا ﺎﮭﯾﻠﻋ ﻖﻔﺗﻣﻟا تاءارﺟﻹا ﺔﯾﺎﻔﻛ وأ ﺔﻣﺋﻼﻣ ىدﻣ لوﺣ دﯾﻛﺄﺗ يأ مدﻘﻧ ﻻ ﺎﻧﻧإ
رﺧآ ضرﻏ يﻷ وأ ﮫﻠﺟأ نﻣ رﯾرﻘﺗﻟا اذھ دادﻋإ
لوﺣ ﺎﮭﯾﻠﻋ ﻖﻔﺗﻣﻟا تاءارﺟﻹا لوﺣ رﯾرﻘﺗ("لودﺟﻟا") ﺔﯾﻟﺎﻣﻟا ةءﻼﻣﻟا رﯾرﻘﺗ
ﺔﻣﺗﺗ -
ﻲﻧوﻧﺎﻘﻟا بﺳﺎﺣﻣﻟا تﺎﯾﻟوؤﺳﻣﺔﻣﺗﺗ-
دﯾﻛﺄﺗ طﺎﺑﺗرا سﯾﻟ اذھ ﺎﮭﯾﻠﻋ ﻖﻔﺗﻣﻟا تاءارﺟﻹا ذﯾﻔﻧﺗ طﺎﺑﺗرا نإ
ءﺎ ﻧﺑو.دﯾﻛﺄﺗﻟا نﺄﺷﺑ جﺎﺗﻧﺗﺳا وأ يأر يأ يدﺑﻧ ﻻ ﺎﻧﻧﺈﻓ ،ﮫﯾﻠﻋ
نﺎﻛ ىرﺧأ روﻣأ ﺎﻧھﺎﺑﺗﻧا تﺗﻔﻟ ﺎﻣﺑرﻟ ،ﺔﯾﻓﺎﺿإ تاءارﺟﺈﺑ ﺎﻧﻣﻗ ﺎﻧﻧأ وﻟو .ﺎﮭﻧﻋ رﯾرﻘﺗﻟا ﺎﻧﯾﻠﻋ نﯾﻌﺗﯾ
ةدوﺟﻟا ﺔﺑﺎﻗرو ﺎﻧﺗﯾﻟﻼﻘﺗﺳا ﺔﻛﻠﻣﻣﻟا ﻲﻓ ةدﻣﺗﻌﻣﻟا نﯾﯾﻧﮭﻣﻟا نﯾﺑﺳﺎﺣﻣﻠﻟ ﺔﻧﮭﻣﻟا بادآو كوﻠﺳ دﻋاوﻗ تﺎﺑﻠطﺗﻣﺑ ﺎﻧﻣزﺗﻟا ،ﺎﮭﯾﻠﻋ ﻖَﻔﺗﻣﻟا تاءارﺟﻹا طﺎﺑﺗرا ذﯾﻔﻧﺗ دﻧﻋ
ةدوﺟﻟا ﺔﺑﺎﻗرﻟ ﻲﻟودﻟا رﺎﯾﻌﻣﻟا ﻖﯾﺑطﺗﺑ موﻘﻧ ﺎﻣﻛ1
ﺔﯾﻟﺎﻣﻟا مﺋاوﻘﻟا صﺣﻓو ﺔﻌﺟارﻣ تﺎطﺎﺑﺗرا ذﻔﻧﺗ ﻲﺗﻟا بﺗﺎﻛﻣﻠﻟ ةدوﺟﻟا ﺔﺑﺎﻗر" (
ﻰﻠﻋ ظﻓﺎﺣﻧ ﺎﻧﱠﻧﺈﻓ ،ﮫﯾﻠﻋو .ﺔﯾدوﻌﺳﻟا ﺔﯾﺑرﻌﻟا ﺔﻛﻠﻣﻣﻟا ﻲﻓ ةدَﻣﺗﻌﻣﻟا "ﺔﻗﻼﻌﻟا تاذ تﺎﻣدﺧﻟا تﺎطﺎﺑﺗراو ىرﺧﻷا دﯾﻛﺄﺗﻟا تﺎطﺎﺑﺗراو ﺎﺷ مﺎظﻧ
ﺔﻘﺑطﻣﻟا ﺔﯾﻣﯾظﻧﺗﻟاو ﺔﯾﻣﺎظﻧﻟا تﺎﺑﻠطﺗﻣﻟاو ﺞﺋﺎﺗﻧﻟاو ﺎھذﯾﻔﻧﺗ مﺗ ﻲﺗﻟا تاءارﺟﻹا فﺻو
ﻛ ﺎﻣ
ﻲﻠﯾ تاءارﺟﻹا
ﻲﻓ ﺎﻣﻛ ﻖﻓرﻣﻟا لودﺟﻟا ﻲﻓ ةدراوﻟا ﺔﻠﻣﺗﺣﻣﻟا تﺎﻣازﺗﻟﻻا31
سرﺎﻣ2023
مﺋاوﻘﻟا ﻲﻓ ﺎﮭﻧﻋ ﺢﺻﻔﻣﻟا ﺔﻠﻣﺗﺣﻣﻟا تﺎﻣازﺗﻟﻻا ﻲﻟﺎﻣﺟإو ﺔﯾﻟﺎﻣﻟا
ﺔﯾﻟوﻷاﻟ ةدﺣوﻣﻟا ةزﺟوﻣﻟا
ﻲﻓ ﺎﻣﻛ ﺔﻛرﺷ31
رﺎﻣ2023 س
هذﯾﻔﻧﺗ مﺗ يذﻟا ءارﺟﻹﺎﺑ
2ﺔﯾﺑﺎﺳﺣﻟا ﺔﻗدﻟا نﻣ ﻖﻘﺣﺗﻟا
لودﺟﻟا ﻲﻓ دراوﻟا
تﺎﺑوﻠطﻣﻟا ﻲﻟﺎﻣﺟإ مﺻﺧ دﻌﺑ دﯾﺻرﻟا لﺛﻣﯾ يذﻟاو) ﻖﻓرﻣﻟا ﻲﻓ ﺎﻣﻛ (تادوﺟوﻣﻟا ﻲﻟﺎﻣﺟإ نﻣ ﺔﻠﻣﺗﺣﻣﻟا تﺎﻣازﺗﻟﻻا ﻲﻟﺎﻣﺟإو
3ﻧﺳﻠﻟ ﻊﻗوﺗﻣﻟا لﻣﺎﻌﻟا لﺎﻣﻟا سأر ﺔﻧرﺎﻘﻣ
رﺑﻣﺳﯾد2024
ﻲﻓ روﻛذﻣ وھ ﺎﻣﻛ
رﺑﻣﺳﯾد 2025
34;لودﺟﻟا") ﺔﯾﻟﺎﻣﻟا ةءﻼﻣﻟا رﯾرﻘﺗ لوﺣ ﺎﮭﯾﻠﻋ ﻖﻔﺗﻣﻟا تاءارﺟﻹا لوﺣ رﯾرﻘﺗﺔﻣﺗﺗ-
ﺞﺋﺎﺗﻧﻟاو ﺎھذﯾﻔﻧﺗ مﺗ ﻲﺗﻟا تاءارﺟﻹا فﺻو ﺔﻣﺗﺗ-
4 ﻲﻓ ﺎﻣﻛ ةﺎﻘﺑﻣﻟا حﺎﺑرﻷا دﯾﺻرﻟ ﺔﯾﺑﺎﺳﺣﻟا ﺔﻗدﻟا نﻣ ﻖﻘﺣﺗﻟا
ـﻛ ﻖﻓرﻣﻟا حﺎﺑرﻷا ضﺋﺎﻓ"
ﺎﻘﺑﻣﻟاة
ﺔﻧﯾزﺧ مﮭﺳأ
ﻲﻓ ﺎھؤارﺷ ﻊﻗوﺗﻣﻟاو ﺎﮭﺑ ظﻔﺗﺣﻣ2023
ﻖﻠﻌﺗﯾ
ﺔﯾﺣﯾﺿوﺗ ةرﻘﻓ لﺻوﺗﻟا مﺗ ﻲﺗﻟا ﺞﺋﺎﺗﻧﻟاو ،هﻼﻋأ ﺎﮭﯾﻠﻋ ﻖﻔﺗﻣﻟا تاءارﺟﻹا ﻲﻓ ةروﻛذﻣﻟا ﻖﺋﺎﺛوﻟا ردﺎﺻﻣ نﻋ لوؤﺳﻣﻟا وھ لوؤﺳﻣﻟا فرطﻟا نإ
ﻌﻣﻟا لﺎﻣﺗﻛاو ﺔﻗد ىدﻣ .ةروﻛذﻣﻟا ﺎﮭﯾﻠﻋ ﻖﻔﺗﻣﻟا تاءارﺟﻹا فﻼﺧﺑ ﺎﻧﻟ ﺔﻣدﻘﻣﻟا تﺎﻣوﻠ
ءارﺟإ يأ ذﯾﻔﻧﺗﺑ مﻘﻧ مﻟ ،كﻟذ ﻰﻟإ ﺔﻓﺎﺿإ
ﺎﻧﻟ ﺔﻣدﻘﻣ ﻖﺋﺎﺛو يأ نﻣ ﻖﻘﺣﺗﻟا وأ دادﻋإ صﺧﯾ ﺎﻣﯾﻓ ﺎﮭﯾﻠﻋ دﺎﻣﺗﻋﻻا مﺗ تﺎﻣوﻠﻌﻣ ردﺻﻣ يأ نﻣ ﻖﻘﺣﺗﻟا ﺎﻧﺗﯾﻟوؤﺳﻣ نﻣ سﯾﻟ
ﻟ .ﺞﺋﺎﺗﻧﻟا ﻰﻟإ لﺻوﺗﻠ
ﻎﻧوﯾو تﺳﻧرإ نﻋﮭﻣﻟا تﺎﻣدﺧﻠﻟ
ﺔﯾﻧ
ﺎﺿر مﯾھارﺑإ دﻣﺣأ ﻲﻧوﻧﺎﻗ بﺳﺎﺣﻣ
ضﺎﯾرﻟا10
وﯾﺎﻣ2023
روﺎﺑ اوﻛأ ﺔﻛرﺷ
ﺔﺟردﻣ ﺔﯾدوﻌﺳ ﺔﻣھﺎﺳﻣ ﺔﻛرﺷ)
34;ﺔﻋوﻣﺟﻣﻟا") ﺎﮭﻟ ﺔﻌﺑﺎﺗﻟا تﺎﻛرﺷﻟاو روﺎﺑ اوﻛأ ﺔﻛرﺷﻟ ﺔﯾﻟﺎﻣﻟا ةءﻼﻣﻟا رﯾرﻘﺗ
وﯾﺎﻣ٢٠٢٣
سدﺎﺳﻟا بﺎﺑﻟا ﻲﻓ ةددﺣﻣﻟا ﺔﯾﻟﺎﻣﻟا ةءﻼﻣﻟا تﺎﺑﻠطﺗﻣﺑ ﺔﻋوﻣﺟﻣﻟا مازﺗﻟﺎﺑ ﺔﻘﻠﻌﺗﻣﻟا تﺎﻣوﻠﻌﻣﻟا لودﺟ-
ﺎﮭﻌﯾﺑو ﺎﮭﻣﮭﺳﻷ ﺔﻛرﺷﻟا ءارﺷ
لوﻷا لﺻﻔﻟا ،ﺎﮭﻧﺎﮭﺗراو-
ﻠﻣﻋ طﺑاوﺿ ةدﺎﻣﻟا ،ءارﺷﻟا ﺔﯾ
تﺎﻛرﺷﺑ
ﺔﻣھﺎﺳﻣﻟاﺔﺟردﻣﻟا
نﻋ ةردﺎﺻﻟا
سﻠﺟﻣ ﺔﯾﻟﺎﻣﻟا قوﺳﻟا ﺔﺋﯾھ
ﺦﯾرﺎﺗﺑ١٦
رﺑوﺗﻛا٢٠١٦
تﺎﺑﻠطﺗﻣﺑ ﺔﻋوﻣﺟﻣﻟا مازﺗﻟﺎﺑ ﺔﻘﻠﻌﺗﻣﻟا ﺔﯾﻟﺎﻣﻟا تﺎﻣوﻠﻌﻣﻟا
ﺔﯾﻟﺎﻣﻟا
لﻣﺎﻌﻟا لﺎﻣﻟا سأر ﺔﯾﺎﻔﻛ (ا
ةدﺎﻋإ ﺔﯾﻠﻣﻋ لﺎﻣﻛﺗﺳﻻ ﻊﻗوﺗﻣﻟا ﺦﯾرﺎﺗﻟا :ءارﺷﻟا
رﮭﺷوﯾﻧوﯾ
ﺔﯾﻌﻣﺟﻟاﺔﯾﻣوﻣﻌﻟا
٢٢ وﯾﻧوﯾ
فﻻﻵﺎﺑ يدوﻌﺳ ﷼
نﺎﯾﺑﻟا
ﻲﻓ ﺎﻣﻛ ﻊﻗوﺗﻣﻟا لﻣﺎﻌﻟا لﺎﻣﻟا سأر٣١
رﺑﻣﺳﯾد
ذﺧأ لﺑﻗ هﻼﻋأ ﻊﻗوﺗﻣﻟا لﻣﺎﻌﻟا لﺎﻣﻟا سأر مﺎﻗرأ *رﺎﺑﺗﻋﻻا ﻲﻓ مﮭﺳﻷا ءارﺷ ةدﺎﻋإ
ﺔﻠﻣﺗﺣﻣﻟا تﺎﻣازﺗﻟﻻا ﺎﮭﯾﻓ ﺎﻣﺑ تﺎﺑوﻠطﻣﻟاو تادوﺟوﻣﻟا صﺧﻠﻣ (ب
صﺣﻓ رﺧآ ﻲﻓ ﺎﮭﻧﻋ ﺢﺻﻔﻣﻟا تﺎﻣازﺗﻟﻻا ﺔﻠﻣﺗﺣﻣﻟا تﺎﻣازﺗﻟﻻا لﺛﻣﺗ
ﻲﻓ ﺔﯾﮭﺗﻧﻣﻟا ةرﺗﻔﻠﻟ ﺔﯾﻟوﻷا
سرﺎﻣ
تﺎﻧﺎﻣﺿو نﺎﻣﺿ تﺎﺑﺎطﺧ ﺔﻠﻣﺗﺣﻣﻟا تﺎﻣازﺗﻟﻻا نﻣﺿﺗﺗﻟا
ﺔﻛرﺷﻟا
ﻧﺎﻣﺿوتﺎ
ﻰﺗﺣ ءارﺷ ﻰﻠﻋ روﺎﺑ اوﻛأ ةرادإ سﻠﺟﻣ ﻖﻓاو٢٬٠٠٠٬٠٠٠
ﺔﯾدﺎﻌﻟا مﮭﺳﻷا نﻣ مﮭﺳ ﻲﺗﻟا
رﺟى
ﺔﻣﯾﻘﺑ ءارﺷ ﻎﻠﺑﻣ ﻲﻟﺎﻣﺟﺈﺑ ،ءارﺷﻟا تﻗو ﻰﻠﻋ زوﺎﺟﺗﺗ ﻻ
٢٥٠ .يدوﻌﺳ ﷼ نوﯾﻠﻣ
ﺔﻣﺗﺗ
ﺔﻧﯾزﺧﻟا مﮭﺳأ (ج
ﻲﻠﯾﺳرأ وﻛرﺎﻣ دﯾﺳﻟا بدﯾﮭﻣﻟا دﯾﻣﺣﻟادﺑﻋ دﯾﺳﻟا
يذﯾﻔﻧﺗﻟا سﯾﺋرﻟا ﺔﻋوﻣﺟﻣﻠﻟ لوﻻا ﻲﻟﺎﻣﻟا لوﺋﺳﻣﻟا
We have carried out the procedures agreed with you and set out below, in relation to the attached financial solvency report (the "Annexure") of ACWA Power Company (the "Company") and its subsidiaries (collectively referred to as the "Group" ). or (the "relevant party") relating to the Group's compliance with the requirements of Part Six, Chapter One, Section 17.3 of the Implementing Regulation of the Companies Act for Listed Joint Stock Companies issued by the Board of the Capital Markets Authority in the Kingdom of Saudi Arabia on 16/1/1438H (corresponding to October 17, 2016) as amended on 5/9/1444H (corresponding to March 27, 2023) (the "Subject"). This agreed procedure report is intended solely for the information and use of Interested Party and Capital Markets Authority and is not intended to and must not be used by any other party. The Company is the relevant party and has acknowledged that the agreed procedures are appropriate for the purpose of the appointment.
The Company is the Responsible Party for the Subject on which the agreed procedures are performed. We have performed the agreed procedure engagement in accordance with the International Standard for Related Services (ISRS) 4400 (Revised), Agreed Procedure Engagements Endorsed in Kingdom of Saudi Arabia. An agreed procedure appointment involves carrying out the procedures agreed with the relevant party and reporting the findings, which are the actual results of the agreed procedures carried out.
We make no representation as to the applicability or adequacy of the agreed procedures described below, either for the purpose for which this agreed procedure report was requested or for any other purpose. In carrying out the agreed procedure appointment, we have complied with the ethical requirements in the Code of Ethics for Professional Accountants endorsed in the Kingdom of Saudi Arabia, including independence requirements endorsed in the Kingdom of Saudi Arabia. 1 Compare the total assets, total liabilities and total contingent liabilities stated in the attached schedule as at 31 March 2023, with the total assets, total liabilities and total contingent liabilities disclosed in the Company's interim condensed consolidated financial statements as at 31 March 2023.
2 Stated the arithmetical accuracy of the net assets stated in the attached schedule (representing the balance after deducting total liabilities and total contingent liabilities from total assets) as checked on March 31, 2023. 4 Checked the arithmetical accuracy of the balance of retained earnings as at. March 31, 2023, referred to in the attached schedule as 'Excess Retained Earnings After Share Repurchase', after deducting the balance of any treasury shares held and expected to be purchased in 2023 and 2024. The Responsible Party is responsible for the sources of the documents mentioned in the agreed procedures above, and the results obtained.
We have not implemented any procedures to test the accuracy and completeness of the information provided to us, other than those specified in the agreed procedures. Furthermore, we have not carried out any procedures related to the preparation or verification of any of the documents provided to us. It is not our responsibility to verify any source of information relied upon in reaching our results.
ACWA POWER COMPANY
The scheme of financial information relating to the Group's compliance with the solvency requirements specified in Part Six - Redemption, Sale and Pledge of Shares, Chapter I - Share Redemption Rules, Article 17.3 of the Implementing Regulation of the Companies Law Listed joint stock companies issued by the Capital Market Authority Board in the Kingdom of Saudi Arabia on 16/1/1438H (corresponding to 17 October 2016G) amended on 5/9/1444H (corresponding to 27 March 2023G). The above projected working capital figures are before taking into account share buybacks. Contingent liabilities represent contingencies disclosed in the most recently revised interim financial statements for the period ended March 31, 2023.
Contingent liabilities include letters of guarantee, corporate guarantees issued in respect of bank facilities for project companies and performance guarantees. ACWA Power's Board of Directors has approved the purchase of up to 2,000,000 shares of its common stock, valued at market price depending on the time of purchase, with a total purchase price not exceeding SAR 250 million.
