Al Rajhi REIT Fund uintholders vote to releasing locked up units owned by Al Khaleej Training

Al Rajhi Capital invites Al Rajhi REIT Fund unit holders to attend a meeting on Thursday, 24/02/2022, to be held through modern technology using Tadawulaty services to discuss the following agenda:

1- Vote to releasing the locked up units owned by Al Khaleej Training and Education Company (The master tenant of Baraem Rowad Al Khaleej Intl Kindergarten, Riyadh, Rowad Al Khaleej International Schools in Riyadh, Rowad Al Khaleej International Schools in Dammam) amounting 26,404,494 units, as the lockup period stated in the Terms and Conditions is (3) years beginning from 06/01/2020G. in return of submitting promissory notes as a guarantee to pay the rent for the entire remaining period of the lease contract, the lease term is 15 years starting from December 24th, 2019G.

The second meeting is valid regardless of the percentage of units represented at the meeting. All unit holders who are registered at Securities Depository Center (Edaa) by the end of the trading session preceding the meeting will have the right to attend and vote.

Voting will commence for Unitholders registered in Tadawulaty services from 10:00am on Sunday 19/07/1443H corresponding to 20/02/2022G, until the end of the meeting. Registration and voting in Tadawulaty services will be available free to all unitholders using the following link: https://login.tadawulaty.com.sa/ir/

Note that the eligibility to register attendance at the assembly meeting ends at the time of the assembly, and the right to vote on the assembly’s items for the attendees ends with the end of the meeting.

Accordingly, the Fund Manager hopes that all unitholders will register in Tadawulaty services to participate and vote remotely on the Assembly’s items.