Announcement by Alinma Investment Company regarding a change of the membership of the board of directors of Alinma Retail REIT Fund .

4 Ramadan 1443 AH H - 05 April 2022 G

Alinma Investment Company announces a change in the membership of the board of directors of Alinma Retail REIT Fund due to appointment of the below board members:

1. Mazen Bin Fawaz Baghdadi (Chairman and dependent Board Member)
2. Sultan Tawfiq Alkusayer (dependent)
3. Mohammed Saleiman Al Eisa (dependent)
4. Sulaiman Bin Abdullah Alwutaid (Independent)

As of 03/09/1443H corresponding to 04/04/2022G. The formation of the board after the change shall be:

1. Mazen Bin Fawaz Baghdadi (Chairman and dependent Board Member)
2. Sultan Tawfiq Alkusayer (dependent)
3. Mohammed Saleiman Al Eisa (dependent)
4. Faisal Mohammed Al Abdulkarim (dependent).
5. Abdullah Sulaiman Al Dahayan (dependent).
6. Sulaiman Bin Abdullah Alwutaid (Independent)
7. Ahmed Abdulaziz Bin Hasan (Independent).
8. Hussam Mohammed Abdulraouf (Independent).

It should be noted that Mr. Hussam Mohammed Abdulraouf (independent board member) has resigned from the board of directors as per the announcement dated 26/08/1443H corresponding to 29/03/2022G. A replacement board member will be appointed as per CMA regulations