Following the announcement of the Saudi Economic and Development Securities Company (“SEDCO Capital”) published on 03 Safar 1447H, corresponding to 28 July 2025G, the signing of a Sale and Purchase Agreement for the Atelier Lavie property located in Jeddah (the “Property”) on 02 Safar 1447H, corresponding to 27 July 2025G.

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The change that has occurred:

Saudi Economic and Development Securities Company (“SEDCO Capital”), in its capacity as the Fund Manager of SEDCO Capital REIT Fund (the “Fund”), announces the extension of the property Sale and Purchase Agreement period for an additional 30 business days, ending on 10/06/1447H, corresponding to 01/12/2025G, pending the completion of the remaining purchase price payment and finalize the title transfer process.  It is worth noting that an additional refundable deposit check of five million Saudi riyals has been received from the buyer

The impact of the change:

NA