The Capital Market Authority has issued its resolution approving Mulkia Investment Company's ("Fund Manager") request to increase "MULKIA-GULF REAL ESTATE REIT Fund" ("The Fund") total assets value by issuing additional units for acquiring real estate assets.

Such approval was granted upon the fund manager's request complied with the relevant requirements as per the Real Estate Investment Funds Regulations.

Prior to unitholders meeting that will be held to vote on increasing the fund's total assets value by issuing additional units, the fund manager will publish the Supplementary Annex of the T&Cs to the unitholders on the fund manager's website and exchange's website including all the information regarding increasing the fund's total assets value by issuing additional units. The Supplementary Annex of the T&Cs must include all relevant information the unitholders need to know before making a voting decision on increasing the fund's total assets value by issuing additional units, including information about the acquisition transaction and risk factors.

A voting decision without reading the T&Cs and its Supplementary Annexes carefully or fully reviewing their content may involve high risk. Therefore, unitholders should carefully read the T&Cs and its Supplementary Annexes in order to make a well-informed decision when voting on increasing the fund's total assets value by issuing additional units. If the T&Cs and its Supplementary Annexes prove difficult to understand, it is recommended to consult with an authorized financial advisor.

The CMA's approval of a particular Mulkia Investment Company's request to increase "MULKIA-GULF REAL ESTATE REIT Fund" total assets value by issuing additional units should never be viewed as an endorsement of the feasibility of increasing the fund's total assets value by issuing additional units for the purposes of a transaction. The CMA's approval of the fund manager's request to increase the fund's total assets value by issuing additional units merely means that the regulatory requirements as per the Capital Market Law and its Implementing Regulations have been met.