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Element List	Explanation
Transaction Details	Purchase of several plots of land (a commercial block) with a total area of 15,293.41 square meters in Riyadh City on King Salman Road, at a price of SAR 25,000 per square meter in Al Qirawan District, for the development of several mixed-use towers in accordance with the Salmani Code, with a net value of SAR 382,335,250 (excluding Real Estate Transaction Tax), and without any preferential conditions.
Transaction Amount	382,335,250 (SAR)
Transaction Conditions	Not applicable
Parties of the Transaction	Buyer: AlRamz Real Estate Company. Seller: Sarah bint Mousa bin Hamad Al-Mousa.
Transaction Financing Method	This transaction will be financed through the banking facilities granted to the Company, the Company’s financial resources, in addition to a portion of the offering proceeds.
Date of Entering Into The Transaction	2025-12-18 Corresponding to 1447-06-27
Description of Activity of The Asset Subject of The Transaction	Developing mixed-use towers with an architectural design inspired by the Salmani Code, within fully integrated urban environments.
Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction	Not applicable
Transaction reasons	This transaction was undertaken based on an investment vision aimed at developing mixed-use towers in a Strategic location in Riyadh, creating a distinctive urban and investment landmark.
Expected Impact of the Transaction on the Company and Its Operations	This transaction is expected to contribute to enhancing the Company’s financial performance during the years 2026, 2027, 2028, and 2029.
Related Parties	None
Additional Information	None

Alramz Real Estate Co. Announces the Purchasing of Lands in Riyadh City on King Salman Road in the amount of 382,335,250 (SAR)