Announcement by Alinma Capital Company regarding call for a meeting of the Fund’s unitholders of Alinma Retail REIT fund.

Element List Explanation
Introduction Alinma Capital Company invites Alinma Retail REIT fund unitholders to attend unitholders based on the information provided below.
Date of the Meeting 09/08/1447 Corresponding to 28/01/2026
Place of the Meeting The meeting will be held remotely.
Time of the Meeting 6:00 PM
Hyperlink of the Meeting Location https://liqaa.wamid.sa/agm_page/alinma-capital-20260128
Agenda

The Fund buy-back its units according to the following details:

Purpose of purchase

Treasury units which will be used as an in-kind consideration to purchase new assets, or to sell them in the future.

The Fund’s Board of Directors believes that the current unit price is below its fair value.

  • Number of units to be bought-back.
  • The percentage of Fund treasury units to units issued by the Fund.
  • The class of the units.
 Up to a maximum of 10 million cash units, which represent 8.47% of the units issued by the Fund.
Financing method of the purchase

The purchase will be financed from one or more of the following sources, in a manner that serves the interests of the Fund’s unit holders:

  • Proceeds from the sale of low-yield assets.
  • The Fund’s credit facilities.
  • Excess cash flows of the Fund, as long as they do not affect the distributions.

The following decisions will be subject to a vote:

  • Approve the Fund’s buy-back program as treasury units, up to a maximum of 10 million units (representing 8.47% of the issued units), and authorize the Fund’s manager to complete the buy-back within a period not exceeding 12 months from the date of the issuance of the special fund resolution.
  • Authorize the Fund’s Board of Directors to change the purpose of the purchase to cancellation of units.
E-Voting Voting will be available starting at 1:00 AM on Sunday, 06/08/1447 AH (corresponding to 25 January 2026) and will remain available until the end of the unit holder meeting, through the following link: https://login.tadawulaty.com.sa
Communication Should you need further clarification, please contact us by (8004413333 / info@alinmacapital.com).
Additional information

Key Notes:

  • The meeting shall be deemed valid only if unit owners representing at least 25% of the total unit value are present. In addition, the resolution submitted for voting requires the approval of 75% of the total units represented by their owners at the unit-owners’ meeting.
  • The purchase will be made through the Exchange, rather than a special transaction.
  • Treasury units that the Fund may acquire will have no voting rights at the unit-holders’ meeting, nor shall it have entitlements to the Fund’s distributions.
  • The execution of the Fund’s buy-back depends on market conditions and the unit price; therefore, the purchase decision rests at the discretion of the Fund’s manager and is not binding.