Announcement by Osool & Bakheet Investment Company regarding the Distributions of Fund’s dividends to the Unitholders of Al Ma’ather REIT.

Thursday, March 14, 2024 at 5:00 PM

Osool & Bakheet Investment Company announces the distribution of cash

Dividends to the Unitholders of the: Al Ma’ather REIT for six-months ending on 31/12/2023 as follows:

1. Total distributed dividends 20,252,100SAR

2. Cash Distributions will be made on the basis of 61,370,000 Outstanding units.

3. The amounts of dividends distributed is 0.33 SAR for each unit.

4. The distribution ratio is 3.93% of the net value of assets as of “sunday,

(18/06/1445 H.), corresponding to (31/12/2023 G)”

5. Cash distribution entitlements to unitholders shall be based on the

Unitholder register on the end of Thursday, 11/09/1445 H corresponding to 21/03/2024 G (Unit Holder as of Tuesday 09/09/1445H corresponding to 19/03/2024)

6. Distributions shall be paid within (10 calendar days).


The Fund Manager would like to remind the unitholders to update their information with Capital Market Institution, where their accounts are being held, to ensure the direct deposit of their due distributions”.