Author name: Rousol

Element List Explanation Introduction In addition to the announcement of the AL Wasatah Al Maliah (Wasatah Capital) regarding the approval of the Fund’s Board of Directors to increase the total value of the Fund’s assets through the acquisition of a income generating commercial building in Riyadh. Date of the Previous Announcement 2026-02-05 Corresponding to 1447-08-17 Hyperlink to the Previous Announcement Click Here Change Details AL Wasatah Al Maliah (Wasatah Capital) – The fund manager of Al Waha REIT Fund – announces the signing of a commercial real estate purchase agreement with the current property owner. The property is currently leased with a ten-year committing lease agreement, set to expire on 31 July 2034, for an annual net rental income of 4,000,000 Saudi riyals, a net yield of 9.0%. It is worth mentioning that the purchase agreement is subject to completing the process of increasing the fund’s total asset value through additional unit offering which requires approvals of Saudi Exchange (Tadawul), Capital Market Authority, and unit holders. The Impact Caused by the Change The fund manager expects that this transaction will have a positive impact on the fund. Additional Information Completion of the process of increasing the total fund’s asset value by obtaining the approvals of Saudi Exchange (Tadawul), Capital Market Authority and Unitholders.