Retal Urban Development Company signed two residential land purchase and development agreements with Roshn Real Estate Company which is owned by the Public Investment Fund for the purpose of developing Residential villas and apartment units within Sedra residential compound in Riyadh City. Contract Subject Matter: Conditional land Plots Sale Agreement for Development Purpose. Date of Signing the Contract: December 14, 2022 Corresponding to 1444-05-20.

Contract Value: SAR 356,898,120. Contract Details: Estimated total No. of units = 554 units.

Total Land Area = 96,913 m2. Contract Duration: 24 months – The first agreement 36 Months - Second agreement. Financial Impact and the Relevant Period: It is expected that these agreements will have a positive impact on the financial results for the years 2023G, 2024G and 2025G.

Related Parties: None.