Note of caution on forward-looking statements

This annual report contains statements that are, or may be deemed to be, forward-looking statements, including statements about the beliefs and expectations of Ma’aden, the Saudi Arabian Mining Company (hereinafter the “Company”, “we” or “Ma’aden”) and its subsidiaries and entities under joint control (hereinafter referred to as the “Group”).  

We have prepared these statements based on the Group’s current plans, estimates and projections, as well as its expectations of external conditions and events.  We have made every effort to ensure the accuracy of those statements, which are valid at the time of their preparation and publication.

However, forward-looking statements involve inherent risks and uncertainties. As a result of these risks, uncertainties and assumptions, no individual, group or legal entity should unduly rely on these forward-looking statements. We have also included additional information about the risks we face in other two other sections of this annual report, namely “Governance, risk and compliance” and the “Consolidated financial statements”.

A number of important factors could cause actual results or outcomes to differ materially from those expressed in any forward-looking statements. We are not obliged to update or revise any forward-looking statements made in this annual report, whether as a result of new information, future events or otherwise, except when the provision of such information is a requirement under applicable laws. We do not accept any responsibility for any losses that may be incurred by any individual, group or entity resulting from their decisions based on our forward-looking statements.

Words such as “intends”, “strives”, “projects”, “expects”, “estimates”, “plans”, “considers”, “assumes”, “may”, “should”, “will”, “continues” and other words with similar meanings usually indicate the projected nature of the statement.