Press Release

Master Builders Solutions Celebrates Successful Integration of Arkaz, Strengthening Its Long-Term Commitment to Saudi Arabia

Master Builders Solutions today marked a significant milestone with the successful integration of
Arkaz into its global organization, reinforcing the company's long-term commitment to Saudi Arabia
and its ambition to play a growing role in the Kingdom's evolving construction sector.

Integration Combines Strengths to Serve Saudi Arabia Construction Market

The integration brings together Arkaz's established local manufacturing capabilities, market
expertise, and strong customer relationships with Master Builders Solutions' global technologies,
innovation resources, and international experience. Together, the combined organization is
uniquely positioned to deliver enhanced value, broader solutions, and stronger technical support to
customers across Saudi Arabia and the wider region.

Shared Vision for Future Growth

The occasion brought together senior leaders and other stakeholders to celebrate the completion
of the integration and outline a shared vision for future growth.

“As Saudi Arabia continues to advance its ambitious development and infrastructure agenda, Master
Builders Solutions remains committed to supporting the market through continued investment,
innovation, localization, and customer-focused solutions,” said Boris Gorella, Chief Executive
Officer, Master Builders Solutions.

Strong Platform for Contributing to Saudi Arabia’s Vision 2030 Objectives

The integration represents more than the combination of two organizations. It establishes a strong
platform for sustainable growth, enabling Master Builders Solutions to further expand its local
capabilities while leveraging global expertise to support increasingly complex and demanding
construction projects across the Kingdom.

As part of its growth strategy, the company intends to continue investing in local operations,
technical expertise, innovation, and manufacturing capabilities to better serve customers and
contribute to Saudi Arabia's Vision 2030 objectives.

Saudi Readymix, one of the Kingdom's leading ready-mixed concrete producers and a longstanding strategic partner of Master Builders Solutions, welcomed the strengthened capabilities and
opportunities created through the integration.

“Our longstanding partnership with Master Builders Solutions reflects our shared commitment to
quality, innovation, and delivering value to customers. The integration of Arkaz strengthens access
to global technologies and technical expertise, creating new opportunities to support the evolving
needs of Saudi Arabia’s construction sector. We look forward to continuing this successful
partnership,” said Mohammed Abu Zaid, Managing Director, Saudi Readymix.

Strategic Partnerships Creating Long-Term Value

The celebration also highlighted the important role of strategic partnerships in creating long-term
value and supporting business growth. Previously part of Alturki Holding’s portfolio, Arkaz’s
successful integration into Master Builders Solutions marks an important milestone in its growth
journey, reflecting the value of building strong Saudi businesses with the potential to attract leading
international investors.

“At Alturki Holding, our investment philosophy is centered on building high-performing businesses
that create sustainable, long-term value. The ability to attract leading international investors reflects
the strength, governance, and growth potential of Saudi businesses. We remain committed to
investing in businesses that contribute to the Kingdom’s economic development and the ambitions
of Saudi Vision 2030,” said Rami Alturki, President & CEO, Alturki Holding.

Looking ahead, Master Builders Solutions remains focused on strengthening customer
relationships, expanding its portfolio of innovative construction solutions, investing in local talent
and capabilities, and supporting the Kingdom's ambitious plans for sustainable economic
development. With the integration now complete, the company enters a new chapter of growth, combining local strength with global expertise to help shape the future of construction in Saudi Arabia.