Kuwait Financial Centre KPSC : Supplementary Disclosure regarding the financial impact of selling an investment property in the United States

DocuSign Envelope ID: 2809674C-A2B6-4878-BCD2-945F45DC1366

Reference: 128/BK/CCD/23			128/BK/CCD/23 :ةرﺎﺷﻹا
Date: 8 October 2023			2023 ﺮ��ﺘ�أ 8 :ﺦــــ�رﺎﺘﻟا
M/s Boursa Kuwait,		ت	ش
،نﻣ�ﺤﻤﻟا	ﺖ���ﻟا ﺔﺻرﻮﺑ ﺔﻛ� /ةدﺎﺴﻟا
	ي		ﺖ���ﻟا ﺔﻟود
State of Kuwait
Greetings,			،،، ﺪــﻌ�و ﺔبﻴﻃ ﺔ�ﺤﺗ

Sub: Supplementary Disclosure of Material	ت		ش
ي���ﻟا �ﺎﻤﻟا ﺰﻛﺮﻤﻟا ﺔﻛ� - ﻞﻤكﻣ حﺎﺼﻓا :ع�ﺿﻮﻤﻟا
Information- Kuwait Financial Centre K.P.S.C	ي	ي	ع.ك.م.ش

With reference to the above subject regarding the	تﺎﻣﻮﻠﻌﻤﻟا ﻦﻋ حﺎﺼﻓﻻا صﻮﺼﺨب ەﻼـــﻋأ ع�ـــﺿﻮــﻤﻟا ﻰــــﻟإ ةرﺎـــﺷﻹﺎــب
						ش	ف
disclosure of material information as specified in	ﻦﻣ "ﺔ�ﻓﺎﻔﺸﻟاو حﺎﺼﻓﻻا" �ﺎﻌﻟا بﺎﺘ�ﻟا � درو ﺎﻤك ﺔ��ﻫﻮﺠﻟا
�		ي
					ﻞﺼﻔﻟا �ا ادﺎﻨتﺳاو ،2010 ﺔﻨﺴﻟ 7 ﻢﻗر نﻮﻧﺎﻘﻠﻟ ﺔ�ﺬ�ﻔﻨﺘﻟا ﺔﺤﺋﻼﻟا
Module 10 "Disclosure and Transparency" of the		.بﺎﺘ�ﻟا ﻚﻟذ ﻦﻣ (1-4) ةدﺎﻣ ﻊﺑاﺮﻟا
Capital Markets Authority Executive Regulations
of Law No. 7 of 2010, and based on Chapter IV
Article (4-1) of that module;
Accordingly,	please	find	attached	the	.ﻪﻠ�ﺻﺎﻔﺗ ﻊﻣ ﻞﻤكﻤﻟا حﺎﺼﻓﻻا جذﻮﻤﻧ ﻪ�ﻃ ﻖﻓﺮﻣ نوﺪﺠﺗ ﻪ�ﻠﻋو

supplementary disclosure form with the required details.

Sincerely,	ت
،،،ما�ﺣﻻا ﻖﺋﺎﻓ لﻮﺒﻘب اﻮﻠﻀﻔﺗو
________________________________________
Hatem Abouelfetouh	ح�ﺘﻔﻟا ﻮﺑا ﻢﺗﺎﺣ
Senior Vice President	لوأ سﯾﺋر بﺋﺎﻧ

Note: This is a translation for ease of reference only. The binding text is the Arabic text. In case of any difference between the Arabic and the English texts, the Arabic will prevail.

DocuSign Envelope ID: 2809674C-A2B6-4878-BCD2-945F45DC1366

Disclosure and Transparency

			Supplementary Disclosure Form
	Date	08 October 2023
	Name of the Listed Company	Kuwait Financial Centre K.P.S.C
	Disclosure Title		Supplementary Disclosure from Kuwait Financial Centre K.P.S.C regarding US
		based consolidated subsidiary.
	Date of Previous Disclosure	03 September 2023
			We are pleased to announce that a US-based consolidated subsidiary of
	Developments that occurred to		Kuwait Financial Centre K.P.S.C had completed the sale of a property,
		classified as assets-held-for-sale, for USD 82 Million (equivalent to KD 25.3
	the disclosure
		million)
			The sale is expected to result in a net gain of USD 16.4 million (equivalent to
			KD 5.1 million) of which net gain attributable to shareholders is expected to
	The financial effect of the		be USD 8.2 million (equivalent to KD 2.5 million). An amount of USD 37
	occurring developments (if any)		million (equivalent to KD 11.5 million) shall be used to settle a project
			borrowing.

__________________________

Hatem Abouelfetouh

Senior Vice President

Note: This is a translation for ease of reference only. The binding text is the Arabic text. In case of any difference between the Arabic and the English texts, the Arabic will prevail.