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Emaar Properties PJSC Board/Management Information 2020

Dec 13, 2020

66333_rns_2020-12-13_7257dfcb-3850-49c2-96b4-aaa8cd67013b.pdf

Board/Management Information

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10 December 2020

Mr. Hasan Abdul Rahman Al Serkal Chief Executive Officer Dubai Financial Market Dubai – United Arab Emirates

Submitted Through Efsah System

Subject: Amendments to the Senior Management of Emaar Properties (PJSC)

Dear Mr. Al Serkal,

The Company would like to disclose that - upon the request of the Chairman and approval of the Board of Directors and their diligence to comply with the provisions of article (7) (b) of the Governance Code applicable to public joint stock companies attached to the decision of the Chairman of the Securities and Commodities Authority number 3/RM of 2020 which prohibits combining the position of Chairman of the Board of Directors and any executive position in the Company - it was resolved that H.E. Mohamed Ali Alabbar, Chairman of the Board of Directors and Founder of Emaar, be devoted to the executive management matters and the day to day affairs of Emaar. In this context, the Board resolved at its meeting dated 10 December 2020 to elect H.E. Mohamed Ali Alabbar as Managing Director of the company, and to elect Mr. Jamal Bin Theniyah as Chairman of the Board of Directors and Mr. Ahmed Jawa as Vice-Chairman.

Yours sincerely,

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Mohamed Ali Rashed Alabbar

CC: Securities and Commodities Authority