| Introduction | With reference to the announcement of Umm Al Qura for Development and Construction Company dated 31/12/2025 regarding the signing of a non-binding memorandum of understanding to establish a real estate private fund with BIM Capital and Ajbal Real Estate Development Company |
| Previous Announcement | Signing of a non-binding memorandum of understanding |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-12-31 Corresponding to 1447-07-11 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | In order to complete the regulatory steps to establish the real estate private fund, the Memorandum of Understanding has been extended until 30/09/2026, or until the establishment of the fund, whichever occurs first |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | Not applicable |
| Additional Information | There is no financial impact at this stage, and any future financial or material impact concerning this matter will be announced in due course |
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