- Decrease in infrastructure projects revenues by 10% with the amount of 21 million.

- Decrease in Property sales revenues by 9% with the amount of 10 million.

However, rental revenues increased by 9% with the amount of 8 million, mainly driven by higher occupancy rates and an increase in the average rental rate per square meter.

- Increase in gross profit from infrastructure projects by 74% with the amount of 39 million, despite the decrease in it's revenues.

However, despite the above increase, net profit was affected by the following:

- Increase in Zakat provision by SAR 22 million, due to receiving the final Zakat assessments from the Zakat, Tax and Customs Authority for the years 2016 to 2023.

- Increase in selling and marketing expenses by SAR 14 million, mainly due to the increase in expected credit loss provisions.

- Decrease in revenues from property sales by 46% with the amount of 85 million, mainly due to the divestment of certain lands classified as non-core lands during the previous quarter.

-Decrease in gross profit from property sales by 70% with the amount of 60 million, as a result of the decrease in property sales revenues.

- Increase in revenues from property sales by 214% with the amount of 404 million, due to the divestment of non-core lands and the increase in revenues from off-plan sale projects.

- Increase in rental revenues by 9% with the amount of 22 million, due to higher occupancy rates and an increase in the average lease rate per square meter.

However, infrastructure projects revenues decreased by 15% with the amount of 105 million.

-Increase in gross profit from property sales by 350% with the amount of 215 million.

'- Increase in gross profit from rental properties by 14% with the amount of 18 million.

the Company are currently not available for use or development due to various reasons, of which certain reasons relate to the areas where these lands are located and other related to the fact that they are under study from specialised committees to resolve these matters. The management is currently communicating with the related government agencies and committees to address these reasons to allow the use of these lands. The impact on the net realisable value of these lands is still uncertain and depend on the final results of the study by the assigned committees. The carrying value of these lands amounted to SR 438 million as at 30 September 2025 (31 December 2024: SR 438 million).

We draw attention to note (6-b) to the interim condensed consolidated financial statements. as stated therein, during the period ended 30 September 2025 ; it has come to management’s attention that the land which was designated for the Al Widyan project is located within an area that is currently under study by the relevant government agencies with the aim of developing it, which may result into a fundamental change to the original project’s plan and may impact the land’s realisable value. The effect of the extent of this study remains uncertain and is dependent on future development by the relevant government agencies’ plan. The carrying value of the land amounted to SR 2.9 billion as at 30 September 2025 (31 December 2024: SR 2.9 billion).