Disclosure of Material Information Form


Details
National Real Estate Company KPSC
21/07/2026

Material information form

Disclosure on availability of Material Information related to Subsidiary Companies and Associate Companies of a Listed Company, which has a Significant Effect on its financial position.
Material Disclosure Regarding a Subsidiary
15/06/2026
Kindly be informed that a subsidiary of National Real Estate Company K.S.C.P. (Derwaza Properties Development Limited) has entered into a memorandum of understanding for the sale its land on Reem Island in Abu Dhabi, United Arab Emirates, with an area of 1994.36 square meters, for a total value of AED 52,000,000 (approximately KWD 4,338,880).
The company is expected to record a profit of approximately one million Kuwaiti dinars on its income statement. This is also expected to be reflected in an increase in shareholders' equity on the balance sheet of approximately one million Kuwaiti dinars.
Derwaza Disclosure 21072026.pdf

Supplementary disclosure form

Supplementary disclosure regarding a subsidiary
15/06/2026
Further to National Real Estate Company K.P.S.C.’s (the “Company”) disclosure published on 15 June 2026 regarding the execution by one of its subsidiaries, Derwaza Properties Development Limited of a Memorandum of Understanding for the sale of its land located in Reem Island, Abu Dhabi, United Arab Emirates, with an area of 1994.36 square meters, for a total value of AED 52,000,000 (approximately KWD 4,338,880), the Company would like to announce that all definitive transaction documents, including the sale and purchase agreement, and all documents required to transfer ownership of the land, have been duly executed. The purchaser has also delivered to Derwaza a cheque for the purchase price of AED 52,000,000 (approximately KWD 4,338,880). Accordingly, all procedures contemplated under the Memorandum of Understanding have been completed and implemented. The Company further confirms that there have been no changes to the financial impact previously disclosed.
The Company confirms that is expected to record a profit of approximately one million Kuwaiti dinars on its income statement. This is also expected to be reflected in an increase in shareholders' equity on the balance sheet of approximately one million Kuwaiti dinars.

Significant effect on the financial position shall be mentioned if the material information can measure that effect, excluding the financial effect resulting from tenders or similar contracts.

If a listed company, which is a member of a group, disclosed some material information related to it and has significant effect on other listed companies’ which are members of the same group, the other companies’ disclosure obligations are limited to disclosing the information and the financial effect occurring to that company itself.

The issuer of this disclosure bears full responsibility for the soundness, accuracy, and completeness of the information contained therein. The issuer acknowledges that it has assumed Care of a Prudent Person to avoid any misleading, false, or incomplete information. The Capital Markets Authority and Boursa Kuwait Securities Exchange shall have no liability whatsoever for the contents of this disclosure.This disclaimer applies to any damages incurred by any Person as a result of the publication of this disclosure, permitting its dissemination through their electronic systems or websites, or its use in any other manner.