Minutes of the Extraordinary General Assembly Meeting Real Estate Facilities Investment Company

Shareholders owning 223,077,369 shares out of the company’s total outstanding shares of 250,000,000 — representing 89.231% — attended the meeting. Accordingly, the legal quorum for convening the Extraordinary General Assembly was confirmed.

The Chairman opened the meeting, welcomed the shareholders, and thanked them for their attendance. The Extraordinary General Assembly then discussed the items listed on the agenda and resolved the following:

Amendment of Article (14) of the Company’s Articles of Association as follows:

Article (14) – Before Amendment:
The company shall be managed by a Board of Directors composed of six members. Each shareholder, whether a natural or legal person, may appoint representatives to the Board in proportion to their shareholding. The number of board members appointed in this manner shall be deducted from the total number of board members to be elected. Shareholders who have appointed representatives to the Board shall not participate with other shareholders in electing the remaining board members, except to the extent that their shareholding exceeds the percentage used for the appointment of their representatives. Board members shall be elected by secret ballot. If the election of a new Board cannot be completed within the designated time, the current Board shall continue to manage the company’s affairs until the reasons are resolved and a new Board is elected.

Article (14) – After Amendment:
The company shall be managed by a Board of Directors composed of five members. Each shareholder, whether a natural or legal person, may appoint representatives to the Board in proportion to their shareholding. The number of board members appointed in this manner shall be deducted from the total number of board members to be elected. Shareholders who have appointed representatives to the Board shall not participate with other shareholders in electing the remaining board members, except to the extent that their shareholding exceeds the percentage used for the appointment of their representatives. Board members shall be elected by secret ballot. If the election of a new Board cannot be completed within the designated time, the current Board shall continue to manage the company’s affairs until the reasons are resolved and a new Board is elected.