Element List	Explanation
Introduction	Sumou Real Estate Company announces the signing of an agreement to manage the development of infrastructure for land plots located in Al Qadisiyah, Al Ramal, and Al Janadriyah districts in Riyadh, with a total area of 1,831,571.81 square meters on 22-4-2026 AD corresponding to 5-11-1447H with Mashariq Al Arabi Real Estate Company, which represents a real estate fund managed by anb capital.
Date of Announcement of the Award	2026-04-22 Corresponding to 1447-11-05
Contract Subject Matter	Sumou Real Estate Company announces the signing of an agreement to manage the development of infrastructure for land plots located in Al Qadisiyah, Al Ramal, and Al Janadriyah districts in Riyadh, with a total area of 1,831,571.81 square meters on 22-4-2026 AD corresponding to 5-11-1447H with Mashariq Al Arabi Real Estate Company, which represents a real estate fund managed by anb capital
The Entity with Which the Contract was Signed	Mashariq Al Arabi Real Estate Company, which represents a real estate fund managed by anb capital
Date of Signing the Contract	2026-04-22 Corresponding to 1447-11-05
Contract Value	Sumou Real Estate Company will receive management fees 10% from development cost
Contract Details	Sumou Real Estate Company announces the signing of an agreement to manage the development of infrastructure for land plots located in Al Qadisiyah, Al Ramal, and Al Janadriyah districts in Riyadh, with a total area of 1,831,571.81 square meters on 22-4-2026 AD corresponding to 5-11-1447H with Mashariq Al Arabi Real Estate Company, which represents a real estate fund managed by anb capital and Sumou Real Estate Will Receive managment fees 10% from development cost
Contract Duration	Thirty-six (36) calendar months commencing from the date of signing the agreement.
Financial Impact and the Relevant Period	The project is expected to have a positive impact on the company's results from the start of work on the project.
Related Parties	N/A
Additional Information	N/A