On July 14, 2026, Saudi Real Estate Company ("Al-Akaria") announced the lifting of the restriction on a company-owned land plot located in Al Aarid District, north of Riyadh, following the issuance of a Title Registration Deed by the Real Estate Registry. The land spans a total area of 30,000 square metres, situated within the commercial corridor between King Fahd Road and Olaya Road, and carries a book value of SAR 98,400,000. The plot had previously been referenced in the external auditor's Emphasis of Matter paragraph in the interim condensed consolidated financial statements for the period ended March 31, 2026, as it was unavailable for use or development at that time. The Company is currently evaluating the optimal uses of the land in alignment with its strategy to create added value for shareholders, noting that the lifting of the restriction does not result in any immediate financial impact at this time.

Original announcement:

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