| Element List | Explanation |
|---|---|
| Introduction | Jadwa Investment Company, in its capacity as the manager of Jadwa REIT Saudi Fund (the “Fund”), announces the signing of management, operation and leasing contract for Al Sulay Warehouses Complex with Sareed Development and Real Estate Investment Company (the “New Operator”) of Al Sulay Warehouses Complex, to carry out the responsibilities of leasing, marketing, managing, operating and supervising the maintenance of the complex. |
| Description of the Event | Jadwa Investment Company in its capacity as the manager of the Fund would like to announce that the procedures for signing the contract for the management, operation and leasing of Al Sulay Warehouses Complex property have been completed (the “Contract”) with Sareed Development and Real Estate Investment Company. The Contract term is Three years, and the Contract term begins on 02/08/2026G. The Fund Manager also confirms that there is no related party regarding the appointment of the New Operator. |
| The Impact Caused by the Event | It is expected that this shall have a positive impact on the Fund's financial results in the third quarter of the year 2026G. |
