Supplementary Announcement by First Avenue for Real Estate Development Company Regarding the Results of the Extraordinary General Assembly Meeting Which Included the Approval of the Increase of the Company's Capital

First: The voting result on Item Four was as follows:

Approval of the appointment of Professional Consultants (Forvis Mazars) as the Company's external auditor from among the nominated candidates, based on the recommendation of the Audit Committee, to examine, review and audit the financial statements for the first, second, third and fourth quarters and the annual financial statements for the fiscal year 2026, as well as the first quarter of fiscal year 2027, for total fees amounting to SAR 440,000, excluding Value Added Tax (VAT).

Second: The voting result on Item Eighteen was as follows:

"Non-approval of authorizing the Board of Directors with the powers of the Ordinary General Assembly to grant the authorization stipulated in Paragraph (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of the General Assembly's approval or until the end of the term of the delegated Board of Directors, whichever occurs earlier, in accordance with the conditions set out in the Implementing Regulations of the Companies Law for Listed Joint Stock Companies."

This clarification is provided as a completion of the information contained in the previous announcement.