SICO Capital Company announced a change in the membership of the Fund's Board of Directors SICO Saudi REIT and announced resignation of Mr. Ali AlHussin Hamidaddin as independent member of the board. Members of the Fund Board after the Change: Fadhel Ahmed Makhlooq (Chairman of the Fund Board – Non-Independent); Ibrahim Fatani (Non-Independent) and Mohannad Al-Khowailed (Non-Independent). Effective date is January 24, 2023.