SNB Capital Company Announces a Change in the Board of Directors of AlAhli REIT Fund (1) due to the resignation of the board member Mr. AbdulJabbar Al AbdulJabbar (non-independent member), as of 20 Safar 1443 H corresponding to 27 September 2021 G.

The formation of the Board after the change are as follows:

Mr. AbdulRahman Al Rashid (Chairman – Independent)

Mr. Mohammed Al-Ayidi (Independent Member)

Mr. Mohammed Al-Saqqaf (non-independent member)

Mr. Hathal Otaibi (non-independent member)

Mr. Ahmed Al-Musa (non-independent member)

The Fund’s Terms and Conditions will be updated according to this announcement.