Addendum Announcement by Middle East Financial Investment Company (MEFIC Capital) Regarding the Announcement of Entering into Three Conditional Memoranda of Understanding

Element

Explanation

Introduction

Further to the announcement by Middle East Financial Investment Company (“MEFIC Capital”), in its capacity as the manager of MEFIC REIT (the “Fund”), published on 25/05/1447H (corresponding to 16/11/2025G), which included the announcement of entering into three conditional memoranda of understanding with three different sellers on 22/05/1447H (corresponding to 13/11/2025G) (the “MOUs”), for the purpose of discussions and studying the feasibility of the Fund’s acquisition of ownership of two properties located in the cities of Makkah Al-Mukarramah and Jeddah, and a usufruct right over a property located in the city of Jazan.

Whereas the term of the MOUs is sixty (60) calendar days from the date of their execution, renewable by agreement of the parties thereto, MEFIC Capital would like to clarify that it has agreed with the relevant parties to renew the term of the MOUs for a similar period commencing on 23/07/1447H (corresponding to 12/01/2026G) and ending on 24/09/1447H (corresponding to 13/03/2026G), renewable by agreement of the parties to the MOUs.

MEFIC Capital will announce any subsequent developments in due course.

Date of the Previous Announcement

25/05/1447H, corresponding to 16/11/2025G.

Change Details

Renewal of the term of the memoranda.

The Impact Caused by the Change

None

MEFIC Capital News

MEFIC Capital News

Addendum Announcement by Middle East Financial Investment Company (MEFIC Capital) Regarding the Announcement of Entering into Three Conditional Memoranda of Understanding

Addendum Announcement by Middle East Financial Investment Company (MEFIC Capital) Regarding the Announcement of Entering into Three Conditional Memoranda of Understanding

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