| Element List | Explanation |
|---|---|
| Introduction | With reference to the Fund’s Board of Directors’ resolution dated 30 October 2024, approving the execution of a hedging agreement valued at SAR 170 million, and further reference to the Board’s resolution dated 25 December 2025, approving the use of proceeds from the sale of “B&Q” and “Ahlan Court” properties to repay SAR 150 million of the credit facilities granted at the Fund’s initial public offering (the “IPO Facilities”). |
| Description of the Event | Accordingly, Alkhabeer Capital hereby announces that, on 3 February 2026, the Fund’s Board of Directors approved the termination of the hedging agreement referenced in this announcement, resulting in SAR 20 million of the IPO Facilities remaining unhedged. |
| The Impact Caused by the Event | The financial impact of this action is expected to be positive, contributing to a reduction in annual financing costs and enhancing the Fund’s overall performance. |
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