Date of previous announcement

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08/26/1441H   corresponding to 19/04/2020G

Hyperlink to the Previous Announcement

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Description of the   Event

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Further to the announcement of Osool & Bakheet   Investment Company published on 08/26/1441H corresponding to 19/04/2020G, concerning informing investors about the impact of the Corona pandemic   on the total rental of the fund, the fund manager would like to disclose that   the fund received requests from tenants beginning of march to reduce the   rental value to about SAR 2.50 million, The amount of the reduction request   constitutes approximately 4.5% of the total rental income of the Fund, The   total value of income disruption (rent of vacant properties) during the same   period amounted to about SAR 2.82 million and constitutes approximately 5.0% of the total rental income of the fund. The fund manager   will continue to assess the impact and announce any material claims regarding   the request to suspend of payment of rent or avoid it. The fund manager   clarifies that announcing these claims does not mean accepting them it will   be process such requests in line with ensuring the protection of the unit   holders’ interest and in compliance with the laws and regulations that   guarantee the rights of parties in rent agreement.

The Impact Caused by   the Event

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It   cannot be predicted.

Additional   Information

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Attached Documents

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