Al Imtiaz Investment K S C Public : Judicial Decision Disclosure

Date: 20/12/2023

Ref: 142/BK/CAD/2023

Boursa Kuwait Company

Kuwait

Subject: Supplementary Disclosure of Lawsuits & Court Judgment

In reference to the above subject, please find attached disclosure form of lawsuits & court judgment in accordance with Book Ten (Disclosure and Transparency) of the Executive bylaws of Law No. (7) of 2010 regarding the establishment of the capital markets authority and regulating securities activities and their amendments.

Sincerely,

Khalid Abdullah Al-Saeed

Executive Vice President

Financial Investment Department

Disclosure of the lawsuits & Court Judgment

Date

Name of the listed Company

Case Automated No. - Lawsuit No.

Case Subject Matter

20/12/2023

ALIMTIAZ INVESTMENT GROUP COMPANY

Notification to Appoint an Arbitrator in the State of Qatar.

A notification was received by a representative of Aayan Gulf Company to appoint an arbitrator so that the arbitration will be held in the State of Qatar and requesting the payment of an amount of 140,143,331.64 Kuwaiti dinars for mediation works.

Judgment Date

The Court that Issue the Judgment - Circuit

Parties of the Case

The Judgment is in Favor of

The Concluding Judgement of the Court of First Instance

The Concluding Judgement

of the Court of Appeal

The Concluding Judgement

of the Court of Cassation

N/A

N/A

• Alimtiaz Investment Group (Defendant),
• Aayan Gulf Company (Petitioner)

-

-

-

-

The Potential Effect of the Judgement on the Company

The financial impact cannot be determined until after the arbitration award is issued and implemented. It is worth mentioning that the subject of the arbitration relates to cases pending in Kuwait before the courts and the Public Prosecution

Khalid Abdullah Al-Saeed

Executive Vice President

Financial Investment Department