Notification of the Sdeco Capital RIT Fund incident announced by the Saudi Economic Development and Investment Company.

An Agreement to purchase an educational complex (the "Complex") in the UAE has been signed according to the following details:

The Property is a construction and investment project and a revenue generating commercial property in the city of Dubai. The total land area is 36,692 square meters and the total development area is 18,250 square meters.

The educational facility complex is leased under a long-term unilateral agreement, is fully exempt from all operating expenses and the operator is classified as experienced in the education sector in the region.

The acquisition cost is AED 160,500,000 (excluding associated transaction costs).

If the transaction is finalized, it will be financed with stated funds and fund credit facilities.

The agreement is valid after legal and technical due diligence within 30 working days of signing.