Amlak Finance P.J.S.C

On January 3, 2025, the Board of Directors of Amlak Finance PJSC passed resolutions by circulation concerning regular internal matters. This information was communicated to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, by Lama Takieddin, Head of Corporate Governance and Company Secretary. A copy was also sent to the Securities & Commodities Authority.

The Board of Directors of Amlak Finance PJSC plans to make decisions by circulation on Friday, January 3, 2025, at 3 PM, regarding regular internal matters. This notification is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is sent by Lama Takieddin, Head of Corporate Governance and Company Secretary. The Securities & Commodities Authority is also copied on this communication.

On 27 December 2024, a letter was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, providing an update on negotiations between Amlak Finance PJSC and its financiers regarding their exit from the Common Terms Agreement. Since the start of negotiations on 2 May 2023, Amlak has settled with six financiers, reducing liabilities by AED 800 million. An agreement has been reached with the remaining six financiers on a repayment plan for the outstanding AED 1.4 billion, with full repayment scheduled by October 2026. This will involve selling some of the company's assets, including plots in Ras Al Khor, pending shareholder approval. The agreement's governing documents are being drafted, and the market will be informed of any updates. The letter was signed by Lama Takieddin, Head of Corporate Governance and Company Secretary, and copied to the Securities & Commodities Authority.

On 11 December 2024, Amlak Finance P.J.S.C held a board meeting from 3:00 PM to 4:00 PM. Seven board members were present, achieving a 100% quorum. The meeting focused on discussing normal business-related matters. Lama Takieddin, the Head of Corporate Governance and Company Secretary, was the authorized signatory.

Amlak Finance PJSC is scheduled to hold a meeting on Wednesday, 11 December 2024, starting at 3:00 PM. The agenda includes discussions on normal business activities and updates. The authorized signatory for the meeting is Lama Takieddin, who holds the position of Head of Corporate Governance & Company Secretary.

On 27 November 2024, Amlak Finance P.J.S.C held a board meeting from 3:00 PM to 4:00 PM. Five board members were present, achieving a quorum of 71%. The meeting focused on discussing routine business matters. The authorized signatory for the meeting was Lama Takieddin, who serves as the Head of Corporate Governance and Company Secretary.

On November 21, 2024, a letter was addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, regarding a meeting of the Board of Directors of Amlak Finance PJSC. The letter, sent by Lama Takieddin, Head of Corporate Governance and Company Secretary, informed that contrary to the previous disclosure on November 18, 2024, about making a decision by circulation on November 21, 2024, it has been decided to hold a Board meeting on November 27, 2024, at 3:00 PM to discuss regular company matters. Consequently, no decision will be made by circulation. A copy of the letter was also sent to the Securities and Commodities Authority.

The letter, dated 18 November 2024, is addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market. It serves as a notification regarding a resolution by the Board of Directors of Amlak Finance PJSC. The board plans to pass this resolution by circulation on Thursday, 21 November 2024, at 3 pm, concerning regular and internal matters. The letter is signed by Lama Takieddin, the Head of Corporate Governance and Company Secretary, and a copy is sent to the Securities & Commodities Authority.

On November 13, 2024, Amlak Finance P.J.S.C held a board meeting from 3:00 PM to 4:45 PM. All seven board members were present, achieving a 100% quorum. The board discussed routine business matters. The authorized signatory is Lama Takieddin, who serves as the Head of Corporate Governance and Company Secretary.

Amlak Finance PJSC is scheduled to hold a meeting on Wednesday, 13 November 2024, starting at 3:00 PM. The agenda includes discussions on normal business activities and updates. The authorized signatory for this meeting is Lama Takieddin, who holds the position of Head of Corporate Governance & Company Secretary.