Amlak Finance P.J.S.C

A meeting for Amlak Finance PJSC is scheduled for Wednesday, 23 October 2024, starting at 3:00 PM. The agenda includes discussions on the company's normal business activities and updates. The meeting will be authorized by Lama Takieddin, who holds the position of Head of Corporate Governance & Company Secretary.

On September 18, 2024, Amlak Finance PJSC announced the sale of an investment unit in Dubai to an Amlak employee. The transaction, representing 0.04% of the company's capital, involves a down payment and a three-year installment plan. There are no deviations from approved policies, and the sale complies with UAE Central Bank regulation No 112-2018, which requires the disposal of foreclosed units within three years of acquisition. The unit's evaluation was conducted by "British Arabian" and "Colliers." Amlak Finance PJSC confirms that the deal's terms are fair, reasonable, and in the interest of the company's shareholders. The announcement was authorized by Lama Takieddin, Head of Corporate Governance and Company Secretary.

On 18 September 2024, Amlak Finance P.J.S.C held a board meeting from 3:00 PM to 4:15 PM. All seven board members were present, achieving a 100% quorum. The board discussed routine business matters. The meeting's authorized signatory was Lama Takieddin, Head of Corporate Governance and Company Secretary.

Date: 13 September 2024 Listed Company: Amlak Finance PJSC Date and Day of the Meeting: Wednesday, 18 September 2024 Meeting Starting Time: 3:00 PM Agenda of the Meeting: - Normal business activities and updates Name of the Authorized Signatory: Lama Takieddin Designation: Head of Corporate Governance & Company Secretary Signature: [Signature]

Amlak Finance PJSC announced its H1 2024 financial results, reporting a net profit of AED 30 million, down from AED 138 million in H1 2023. Total assets stand at AED 3.15 billion. Revenue from financing and investing increased by 10% to AED 66 million. Excluding a one-off gain, total revenue slightly rose to AED 144 million from AED 126 million in H1 2023. Operating costs increased by 4% to AED 48 million due to ongoing restructuring. The company repaid AED 46 million to financiers and has settled 84% of its Islamic deposit liabilities since 2014. Negotiations to exit the Common Terms Agreement are at an advanced stage. Amortization costs decreased to AED 16 million from AED 22 million. The devaluation of the Egyptian Pound impacted the group's financial position.

Amlak Finance PJSC and its subsidiaries have released a review report and condensed consolidated interim financial information for the six-month period ending on June 30, 2024. The report is unaudited.

On July 8, 2024, a letter was addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, informing him that the Board of Directors of Amlak Finance PJSC held a meeting on the same date. During the meeting, routine business matters were discussed. The letter was signed by Lama Takieddin, Head of Corporate Governance and Company Secretary, and a copy was sent to the Securities & Commodities Authority.

Date: 3 July 2024 Listed Company: Amlak Finance PJSC Date and Day of the Meeting: Monday, 8 July 2024 Meeting Starting Time: 2:00 PM Agenda of the Meeting: - Normal business activities and updates Name of the Authorized Signatory: Lama Takieddin Designation: Head of Corporate Governance & Company Secretary Signature: [Signature]

On 28 June 2024, Amlak Finance PJSC announced that it has sold a commercial real estate building for AED 80 million, in compliance with UAE Central Bank regulation No. 112-2018, which mandates finance companies to divest foreclosed units within three years of acquisition. The building had a carrying value of AED 70.2 million as of 31 March 2024. The sale resulted in a gross profit of AED 9.8 million and the full payment was received upon transfer. The financial impact of this transaction will be reflected in Q2 of 2024. The announcement was authorized by Lama Takieddin, Head of Corporate Governance and Company Secretary.