MEFIC REIT Fund — Capital/Financing Update 2025

Oct 9, 2025

MEFIC REIT Fund announces an Addendum Announcement regarding Addendum Announcement from Middle East Financial Investment Company (MEFIC Capital) Regarding the Occurrence of a Specific Event to MEFIC REIT

4346 · 09/10/2025 16:05:36 · Announcement #90625 · View on Saudi Exchange

MEFIC REIT Fund announces an Addendum Announcement regarding Addendum Announcement from Middle East Financial Investment Company (MEFIC Capital) Regarding the Occurrence of a Specific Event to MEFIC REIT

4346

MEFIC REIT

0.00 %

1447/04/17     09/10/2025 16:05:36

Element List	Explanation
Introduction	With reference to the announcement made by Middle East Financial Investment Company (MEFIC Capital), in its capacity as the manager of MEFIC REIT Fund, dated 02/02/1447H corresponding to 27/07/2025G, regarding the signing of a preliminary agreement (earnest money contract) for the sale of the “Al-Andalus Building” located in Jeddah (the "Property"), MEFIC Capital would like to announce the completion of the sale transaction and the transfer of ownership from MEFIC REIT to the buyer.
Date of the Previous Announcement	2025-07-27 Corresponding to 1447-02-02
Hyperlink to the Previous Announcement	Click Here
Change Details	Further to the announcement published on 27/07/2025G, MEFIC Capital announces the completion of the sale of the Al-Andalus Building. All legal and regulatory procedures have been successfully finalized, full sale proceeds have been received, and the ownership of the property has been transferred to the buyer.

The total sale proceeds amounting to forty million (40,000,000) Saudi Riyals have been fully utilized to partially repay the Fund’s outstanding financing facilities. The Impact Caused by the Change The financial impact is expected to be positive. Additional Information There are no related parties involved in this transaction.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.