Retal Urban Development Company signed a Development Agreement with Wajha Alpha for Investment Co., a special purpose vehicle owned by a real estate development fund managed by Alpha Capital for the purpose of development, marketing and selling residential community located at Tharwa Town between Al-khobar and Dammam cities in the Eastern Region. Contract Subject Matter: Development, marketing and sales agreement. Contract Value: The total expected Proceeds from the Agreement is SAR 64,289,648.

Total No. of units = 386. Aggregate Land Area = 142,433 m2.

Location: Tharwa Town, Dammam. Contract Duration: 30 months.