Addendum Announcement from Saudi Real Estate Co (“Al-Akaria”) in regards to Saudi Real Estate Company Announces the Lifting of the Restriction on One of Its Land Plots Located in North Riyadh

AI Summary

Saudi Real Estate Company (Al Akaria) clarifies that it became aware of the lifting of restrictions on its Al Aarid land plot on July 13, 2026.
The land has a total area of 30,000 square meters and is located in north Riyadh between King Fahd Road and Olaya Road.
The removal of restrictions follows the issuance of a Title Registration Deed by the Real Estate Registry.
There is no financial impact resulting from this specific update.

Element List	Explanation
Introduction	With reference to the announcement by Saudi Real Estate Company (“Al Akaria” or the “Company”) regarding the lifting of the restriction on the land owned by the Company and located in Al Aarid District, north of Riyadh, based on the Title Registration Deed issued by the Real Estate Registry. The land has a total area of 30,000 square metres and is situated within the commercial corridor between King Fahd Road and Olaya Road. The Company would like to clarify that it became aware of the lifting of the restrictions on the Al Aarid land on 13 July 2026
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website	2026-07-14 Corresponding to 1448-01-29
Hyperlink to the Previous Announcement	Click Here
Change on the Development	The Company would like to clarify that it became aware of the lifting of the restrictions on the Al Aarid land on 13 July 2026
Financial Impact on the change	None