Announcement by Ladun Investment Company regarding the approval of its Board of Directors to sign a Shariah-compliant credit facilities agreement with Saudi Awwal Bank for a total amount of SAR 154,769,575.

Element List	Explanation
Introduction	Ladun Investment Company announces that the Board of Directors has approved a Shariah-compliant financing facility provided by The Saudi Awal Bank amounting to SAR 154,769,575 for a period of five years, for the purpose of fulfilling the requirements for signing the contract and executing the project related to the development of the first package (Al Qirawan and Al Narjis) under the Real Estate Balance Program.
Date of obtaining the funding	2026-05-18 Corresponding to 1447-12-01
Financing entity	SAB
Financing amount.	154,769,575 SAR
Financing duration.	60 Months
Guarantees offered for the financing	Promissory note for the total value of the facilities. Assignment of the project revenues.
Financing objective	For the purpose of fulfilling the requirements for signing the contract and executing the project related to the development of the first package (Al Qirawan and Al Narjis) under the Real Estate Balance Program, awarded by the Royal Commission for Riyadh City.
Related Parties	NA