ANNOUNCEMENTS AND DISCLOSURES

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The Board of directors of First Dubai Real Estate Development Co. has convened on 05/02/2023 at 1:00 PM where they discussed and approved the company’s Annual Financial Statements for the year ended 31/12/2022.

Date: 05/02/2023

Subject: Disclosure of the Results of BOD Meeting of First Dubai Real Estate Development Co.

Reference to the above subject, and our disclosure on the date of 30/01/2023, kindly find attached the material information disclosure form clarifying the results of the meeting of the BOD of First Dubai Real Estate Development Co. held on Sunday 05/02/2023.

Form for Disclosing Material Information

Date:

05/02/2023

Name of listed company

First Dubai Real Estate Development Co.

Material information

The Board of directors of First Dubai Real Estate Development Co. has convened on 05/02/2023 at 1:00 PM where they discussed and approved the company’s Annual Financial Statements for the year ended 31/12/2022.

Effect of the material information on the company financial position

Attached

 

-        Annual Consolidated Financial Statements according to Boursa Kuwait templates.

-        Consolidated Statement of Financial Position.

-        Consolidated Statement of Income.

-        Independent Auditor’s Report on the Annual Financial Statements for the year ended 31/12/2022.