Profit Sports Solutions Establishes Riyadh Global Headquarters and Announces US$100+ Million Saudi Investment Strategy

Profit Sports Solutions Establishes Riyadh Global Headquarters and Announces US$100+ Million Saudi Investment Strategy

Investment program will expand production, trading and education capabilities while supporting Saudi Arabia's sports infrastructure, private-sector growth and Vision 2030 objectives

RIYADH, KINGDOM OF SAUDI ARABIA –

Profit Sports Solutions, an international provider of integrated sports, fitness and wellness solutions, today announced the establishment of its global headquarters in Riyadh alongside a planned investment program of more than US$100 million focused on production, trading and education initiatives.

The expansion represents a long-term commitment to Saudi Arabia and positions Riyadh as a central hub for Profit Sports Solutions' operations across the Kingdom and wider region.

Established in coordination with the Ministry of Investment of Saudi Arabia, the global headquarters will strengthen the company's ability to work directly with government entities, developers, hospitality groups, fitness operators, educational institutions and private-sector partners as investment in Saudi Arabia's sports and wellness infrastructure continues to accelerate.

The strategy is aligned with the broader objectives of Saudi Vision 2030, including economic diversification, private-sector development, quality of life, investment in human capital and the continued development of world-class sports and community infrastructure.


MORE THAN US$100 MILLION IN PLANNED INVESTMENT

Profit Sports Solutions plans to invest more than US$100 million through a multi-year program designed to expand three areas of the company's business:

PRODUCTION

Developing greater regional production capabilities and strengthening the sports and fitness sector supply chain.

TRADING AND COMMERCIAL EXPANSION

Increasing access to international sports, fitness and wellness solutions while expanding regional distribution and strategic partnerships.

EDUCATION AND PROFESSIONAL DEVELOPMENT

Developing sports and fitness education opportunities that support Saudi professionals, coaches, trainers and the next generation of industry talent.

The investment strategy is designed to create value beyond individual equipment sales or facility projects. Profit Sports Solutions intends to build a stronger regional ecosystem connecting products, infrastructure, education, technology, project delivery and long-term facility operations.


SUPPORTING SAUDI INFRASTRUCTURE AND BUSINESS GROWTH

Saudi Arabia is entering a major period of sports and infrastructure development, driven by public and private investment in new venues, facilities and hospitality, and by preparations to host the 2034 FIFA World Cup.

Profit Sports Solutions intends to support this growth through an integrated B2B model covering the full lifecycle of sports and fitness projects, from planning and equipment specification through delivery, installation, technology, management and ongoing operational support.

For Saudi partners, the objective is to provide a single strategic resource for complex projects, bringing international products, technical expertise and operational knowledge into the local market.


SUPPORTING SAUDI PEOPLE AND COMMUNITIES

A central component of the company's Saudi strategy is ensuring that growth contributes to the communities in which Profit Sports Solutions operates.

Through education, professional development and industry partnerships, the company plans to support the development of Saudi talent and increase access to knowledge and expertise within the sports and fitness industries.

At the infrastructure level, Profit Sports Solutions will continue pursuing projects that support commercial fitness, hospitality, education, community recreation, sports institutions and public-sector development.

Better infrastructure creates greater participation, education develops local expertise, and stronger local capabilities contribute to a more sustainable sports economy.


RIYADH AS THE PLATFORM FOR REGIONAL GROWTH

The new headquarters will provide Profit Sports Solutions with a permanent platform from which to coordinate Saudi operations, develop strategic partnerships and support large-scale projects throughout the Kingdom.

Saudi Arabia is identified within the company's broader strategy as a primary growth market, with significant opportunities across commercial fitness, hospitality, government, education, residential development and sports infrastructure.

Assem Ashour, Chairman of the Board of Profit Sports Solutions, said:

"Our decision to establish our global headquarters in Riyadh and commit more than US$100 million to future investment reflects our confidence in Saudi Arabia and in the long-term development of its sports economy. We see an opportunity to contribute not only through products and projects, but through infrastructure, education, technology and partnerships that create lasting value within the Kingdom."

"Our objective is to grow alongside Saudi Arabia. That means investing in capabilities that support our clients, developing opportunities for Saudi professionals, strengthening the regional sports supply chain and helping deliver facilities and environments that serve communities for many years to come."

The Riyadh expansion will also strengthen Profit Sports Solutions' ability to coordinate international expertise and partner relationships while maintaining closer operational support for Saudi clients.

The company will measure the next stage of its growth against several strategic priorities: expansion of Saudi operations, deployment of the planned investment program, development of education and professional-development initiatives, growth of strategic B2B partnerships, increased participation in major infrastructure projects and continued development of locally relevant capabilities.


ABOUT PROFIT SPORTS SOLUTIONS

Profit Sports Solutions is an international sports solutions company providing integrated services across fitness equipment, sports and wellness facilities, project development, technology, facility management, education, sports academies, marketing and event operations.

The company works with government entities, developers, hospitality groups, sports organizations, fitness operators, educational institutions and private-sector partners to develop and operate sports and wellness environments across international markets.