Al Wasatah Al Maliah (Wasatah Capital) Announces the Occurrence of Specific Event to Alwaha REIT Fund

AI Summary

Al Wasatah Al Maliah (Wasatah Capital) signed a lease agreement for Showroom No. 2 in the Shahad Offices and Showrooms Building on behalf of Al Waha REIT Fund.
The contract with Shumou Food Trading Company is valued at SAR 296,604 (excluding VAT) for a period ending in May 2027.
The transaction involves related parties, as the tenant is owned by a major unitholder and the property manager of certain fund assets.
The lease value represents approximately 1.31% of the fund’s total revenues based on the audited financial statements for 2025.

Element List	Explanation
Description of the Event	Al Wasatah Al Maliah (Wasatah Capital) Company in its capacity as the fund manager of Al Waha REIT Fund, announces signing a lease contract with Shumou Food Trading Company (Owned by a related party) to rent Showroom No. 2 in the Shahad Offices and Showrooms Building for a period of one year ending May 2027G for a total amount of 296,604.00 Saudi Riyals excluding VAT , which represents 1.31% of the total revenues of the Fund based on the audited financial statements issued at the end of 2025G.
The Impact Caused by the Event	No impact
Additional Information	Shumou Food Trading Company is 40% owned by Shumou Commercial Investment Company Limited (Major Unitholder & property manager of some of the Fund’s properties as per what was disclosed in the fund’s terms and conditions) and 60% by Mr. Abdulaziz bin Fahd bin Mugayel (Shareholder in Shumou Commercial Investment Company Limited and a major unitholder in the fund).