The Board of Commissioners of the Capital Markets Authority issued a resolution to delist the shares of Al-Mudon International Real Estate Company from trading on Boursa Kuwait, according to item No. (3) of Article (2-4-1) of Module Twelve (Listing Rules) of the Executive Bylaws of Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, its Executive Bylaws, and their amendments, for not complying with CMA’s requirements as per Resolution No. CMA 4-34 of 2021, to evaluate the investment in the London Resorts Holding Company in a manner, mechanism and data that enable the company to include it in its financial statements at a value that reflects its fair value, as well as the following reasons:

- Not paying the remaining annual fees for 2019 to Boursa Kuwait Securities Company.

- Not paying the 2022 annual fees to Boursa Kuwait Securities Company.

- Not submitting any financial statements since 30 September 2021 to date.

- The company is also required to comply with Circular No. (4) of 2022 issued on 21 April 2022.