Al Imtiaz Investment K S C Public : Supplementary Disclosure Regarding Material Information

Date: 14/05/2024

Ref: 2024/CAD/BK/074

Boursa Kuwait Company

Kuwait

Subject: Disclosure of Material Information

In reference to the above subject, and the requirements of the fourth chapter of Module Ten (Disclosure and Transparency) of the Executive bylaws of Law No 7 of 2010 regarding the establishment of the Capital Markets Authority and regulating securities activities and their amendments, find enclosed the Disclosure Form of Material Information.

Sincerely,

Saad Sami Al Bader

Executive Vice President

Corporate Development Department

Disclosure Form of Material Information

Date

Name of the listed Company

Material

Information

14/05/2024

Al Imtiaz Investment Group Company

In reference to the decision of the Public Prosecutor (disclosed on 8/5/2024) holding reference number 27/2024 to seize and freeze the assets of the accused, including Aayan Gulf Company, related to the complaint filed by Al-Imtiaz Investment Group Company to the Public Prosecution (Case No. 90/2018 Public Funds), and whereas the Execution Administration at the Ministry of Justice is one of the authorities addressed to execute the decision of the Public Prosecutor, this is to advise that the Head of the Execution Administration has closed the execution file for the case decided by the Court of Cassation number 2869 of the year 2022, commercial/1 (disclosed on 7/3/2024).

Significant effect of the material information on the financial position of the Company

Based on the aforementioned legal developments, Al Imtiaz Investment Group Company will not account for a provision of 26.95 million KD (as previously disclosed on 10/3/2024) for the case decided by the Court of Cassation number 2869 of the year 2022.

Saad Sami Al Bader

Executive Vice President

Corporate Development Department