Umm Al Qura for Development and Construction Company (The Owner, Developer and Operator of "Masar" Destination) announces latest developments regarding the signing of a reservation agreement to sell a plot within Masar Destination

Element List	Explanation
Introduction	With reference to the announcement of Umm Al Qura for Development and Construction Company (The Owner, Developer and Operator of "Masar" Destination) dated 18/11/2025 regarding the signing of a reservation agreement to sell a plot within Masar Destination
Previous Announcement	Umm Al Qura for Development and Construction Company (The Owner, Developer and Operator of "Masar" Destination) announces the signing of a reservation agreement to sell a plot of land within Masar Destination
Date of Previous Announcement on Saudi Exchange’s Website	2025-11-19 Corresponding to 1447-05-28
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	The sale of the plot of land within Masar Destination to Heyazah Osool Al-Hejaz Development Company (The SPV of a real estate fund managed by BlomInvest Company) for the purpose of developing hospitality units was executed. The sale value of the transaction is SAR 210,763,263
Reasons For The Delay on The Date of The Event Previously Announced	Not applicable
The costs associated with the event, and if they have changed or not with indication of the reasons.	Not applicable
Delay consequences on the Company’s financial results	Not applicable
Additional Information	The sale agreement was signed on 18/05/2026 corresponding 01\12\1447 and the book value for the plot of land is 100,012,153 Saudi Riyals. This transaction will have a positive impact on liquidity and financial results, noting that the proceeds will be used to fund working capital requirments and ongoing projects.