Clarification from a subsidiary company

July 8, 2024

UAE

Attached you will find a disclosure from a subsidiary of the Joint Group for Contracting, UAE (LLC) regarding the receipt of a notification for the award of the tender for the establishment of infrastructure for residential lands in the Bay'ah - Al-Sila area. Also attached is the model for disclosing material information, Attachment No. (10), duly completed in accordance with the instructions of the esteemed Capital Markets Authority in this regard, as per the following link on the Kuwait Stock Exchange: https://www.boursakuwait.com.kw/ar/news/view#81867

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Concerning Establishment of an infrastructure for Residential Lands Allocated in Baiya Al Silaa

Tender No: P156005/2023/T/001

Owner: M/S. Aldar Properties PJSC

Project value AED 89,706,941.28

Equivalent to KD -/7,480,960

Period of the project: 520Days

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