Arabian Centres Co. announces latest developments regarding the partial and temporary closure of its shopping centres, sees reinstatement of stricter containment measures in Jeddah for 15 days

Element List	Explanation
Introduction	In reference to the Company’s announcement dated 31 May 2020 on the Tadawul website regarding the reopening timetable of its shopping centres amid the Government’s plan for lifting containment measures, and with reference to the new Government directives dated 5 June 2020 reinstating containment measures in the city of Jeddah for 15 days from 6 to 20 June 2020. The new measures include extending the curfew hours to run from 15:00 until 06:00; suspension of dine-in orders at food and beverage outlets; and allowing the continuation of exempted activities in accordance with previous directives. Arabian Centres announces that its shopping centres in the city of Jeddah will operate according to the provisions outlined above.

Element List

Explanation

Introduction

In reference to the Company’s announcement dated 31 May 2020 on the Tadawul website regarding the reopening timetable of its shopping centres amid the Government’s plan for lifting containment measures, and with reference to the new Government directives dated 5 June 2020 reinstating containment measures in the city of Jeddah for 15 days from 6 to 20 June 2020. The new measures include extending the curfew hours to run from 15:00 until 06:00; suspension of dine-in orders at food and beverage outlets; and allowing the continuation of exempted activities in accordance with previous directives. Arabian Centres announces that its shopping centres in the city of Jeddah will operate according to the provisions outlined above.

ACC’s management continues to ascertain the financial impact of the updated measures and will update the market and its shareholders in due course. Previous Announcement Latest developments regarding the partial and temporary closure of its shopping centres, sees reopening timetable amid Government plan for lifting containment measures Date of Previous Announcement on Tadawul's Website 2020-05-31 Corresponding to 1441-10-08 Progress NA Event's Expected Completion Date NA Expenses Related to the Event, Whether They Changed or Not and Justification NA

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