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Element List	Explanation
Introduction	Al Wasatah Al Maliah (Wasatah Capital), in its capacity as the Fund Manager of Alwaha REIT Fund (the “Fund”), is pleased to announce that the Fund’s Board of Directors has approved the increase of the Fund’s total asset value through the acquisition of a property that has been developed construction-wise and is income-generating in the city of Riyadh. This is in line with the Fund’s investment strategy. This action is subject to obtaining the approvals of the Saudi Exchange (Tadawul Saudi Arabia), the Capital Market Authority, the unitholders, and any other related regulatory requirements.
Description of the Event	The Fund aims to acquire a property that has been developed construction-wise and is income-generating, with a total value of SAR 44.5 million (excluding brokerage fees and real estate transaction tax), within the commercial sector in the city of Riyadh. The acquisition will be financed through the issuance of new units to increase the Fund’s total asset value, in accordance with the Fund’s terms and conditions and after obtaining the required regulatory approvals.
The Impact Caused by the Event	This potential acquisition comes as an extension of the Fund’s strategy aimed at maximizing value for unitholders through the acquisition of high-quality real estate assets. It is expected — in the event the transaction is completed — to have a positive impact on the Fund’s performance and results in general.
Additional Information	The procedures to be undertaken by the Fund Manager shall include, without limitation, the following: 1. Signing a memorandum of understanding with the seller. 2. Conducting due diligence. 3. Obtaining the approval of the Saudi Exchange (Tadawul Saudi Arabia). 4. Obtaining the approval of the Capital Market Authority. 5. Obtaining the approval of the unitholders in accordance with regulatory requirements. The Fund Manager will disclose any material developments related to this matter in due course.

Al Wasatah Al Maliah (Wasatah Capital) Announces a Material Development to Alwaha REIT Fund