Albilad Gold ETF announces an Addendum Announcement regarding Albilad Capital’s Announcement of a Material Development Concerning Albilad Gold ETF

At the same time, the fund manager has received a letter from the market maker for the Al Bilad Gold ETF Fund, the text of which is as follows:

"Further to our previous notice regarding the suspension of the market maker for the spot gold contract price index on the Dubai Gold and Commodities Exchange (the reference market) from performing its duties as the entity responsible for providing liquidity in the reference market, which has limited our ability to perform some of our market-making duties for Al Bilad Gold ETF Fund (the Fund) in the local market in an optimal manner, we would like to inform you that we have been notified in writing by the reference market that the market maker for the index in the reference market has resumed its normal operations. Accordingly, we would like to inform you that we have resumed our role as market maker for the Fund and are carrying out our duties and activities as usual."

For his part, the fund manager confirms that we are continuously monitoring developments and coordinating with the market maker and relevant authorities, and that unit holders and the financial market will be updated on any developments as they arise.