Addendum Announcement from Dar Alarkan Real Estate Development Co. in regards to Formation of the Audit Committee.

Element List	Explanation
Introduction	Further to Dar Al Arkan Real Estate Development Company's announcement dated July 9, 2025, regarding the Board of Directors' decision dated July 8, 2025, to form the Audit Committee, the company clarifies the following:

The names of the Audit Committee members, their membership start dates, and a brief biography of them:

1- Mr. Tariq bin Mohammed Al Jarallah - Chairman of the Committee (Board Member - Non-Executive)

Membership start date: July 8, 2025

Brief biography: He holds a degree in commerce and management since 1993 and has experience in land planning and management, as well as real estate appraisal and valuation. He is a former board member and committee member of several companies.

2- Mr. Hazloul bin Saleh Al-Hazloul – Committee Member (Board Member - Non-Executive)

Start of Membership: July 8, 2025

Brief Note: He holds a degree in Commerce and Management from 1990 and has over 35 years of experience in real estate investment and financing, developing strategies, and developing installment plans and financing programs. He is a former board member and committee member of several companies.

3- Mr. Saud bin Abdulaziz Jassim Al-Qasir – Committee Member (Board Member - Independent)

Start of Membership: July 8, 2025

Brief Note: He holds a Bachelor's degree in Architecture from King Saud University in 1986. He has served as CEO of several real estate companies and has experience in managing and developing real estate projects and business development in the Kingdom. Committee membership term: Starts from the date of the Board of Directors’ decision on July 8, 2025 and ends with the end of the current session of the Board of Directors. Its term is four years, ending on June 22, 2029. Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website 2025-07-09 Corresponding to 1447-01-14 Hyperlink to the Previous Announcement Click Here Change on the Development The previous announcement did not include the start dates of the memberships or brief profiles of the appointed members. This has been clarified in the current announcement. Financial Impact on the change There is no financial impact Additional Information For inquires, you can contact the company’s management through the following means of communication: phone number 00966112069888, Ext. 1641 or 1144, or via email ir@alarkan.com

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