Alandalus Property Co. announces the launch of its five-year strategy.

This strategy is based on five main pillars:

• Enhancing operational efficiency and expanding the asset base.

• Strengthening investment partnerships and developing new business models.

• Digital and technological transformation to improve operational performance.

• Enhancing corporate culture and Business sustainability.

• Developing the brand and reinforcing the corporate identity.

Expected Impacts:

• Achieving sustainable growth in revenues and net profit.

• Diversifying income streams and expanding the investment base.

• Increasing market value and strengthening shareholders’ equity.

• Enhancing the experience of partners and tenants

• Ensuring sustainability, governance, and business continuity.

The Board of Directors is confident in the Company’s ability to achieve its ambitious objectives, supported by the clarity of its strategy and the approved action plans to strengthen its five strategic pillars, as well as its commitment to activating the necessary enablers to achieve the growth. The Company’s strategy is aligned with Saudi Vision 2030, The Board of Directors of Alandalus Property Co. believes that investing in various targeted sectors will contribute to the growth of the company’s business and diversify its investment portfolio, to achieve added value for its shareholders.

This step does not have any material financial impact at present. and investors and analysts will be updated on any developments or updates regarding the strategy later.