Announcement by Asas Makeen Real Estate Development and Investment Company regarding its commitment to the provisions of Islamic Sharia.

Asas Makeen for Development and Real Estate Investment would like to inform its esteemed shareholders that all of its transactions, activities, assets, liabilities, and revenues are conducted in accordance with the provisions of Islamic Sharia and do not include anything that contradicts them. Accordingly, the company confirms that there is no requirement to pay a purification amount on the share (attached is the Sharia Committee statement). The company also reaffirms its full commitment to complying with Islamic Sharia in all of its dealings. Shareholders’ inquiries are welcome through the Investor Relations Department: Email: ir@asasmakeen.com