Alandalus Property announces the latest developments on temporary lockdown of malls (to be gradually reopened).

Element ListExplanation
Introduction Further to the Company's announcement on Tadawul dated Ramadan 21, 1441H, which marked continued partial opening of malls and commercial centers from 6 until 20 Ramadan 1441H; and

Pursuant to the government directives issued on Shawwal 2, 1441H, the Company hereby announces that mall will be gradually reopened back to business-as usual (currently open from 6.00 am to 8.00 pm) by Shawwal 28, 1441H. Also, indoor orders at restaurant and cafes have been allowed at this stage, provided that all precautionary measures laid down by the competent authorities are observed, while all activities that do not provide for social distancing, including beauty salons, recreation centers, cinemas and other activities specified by competent authorities, will continue to be disallowed during the above-mentioned stage,.

As per the governmental directives referred to above, as Shawwal 29, 1441H, God willing, life will be back to normal without curfew, provided that all preventive health instructions and social distancing procedures are observed.

The Company shall abide by and implement all government decisions that may be issued in this regard.

Previous Announcement Temporary lockdown of malls and commercial centers (to continue partially open)
Date of Previous Announcement on Tadawul's Website 2020-05-14 Corresponding to 1441-09-21
Progress N/A
Event's Expected Completion Date N/A
Reasons for Exceeding the Announced End Date N/A
Expenses Related to the Event, Whether They Changed or Not and Justification N/A
Impact of the Delay on the Company's Financial Results N/A

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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