Ajwan Gulf Real Estate Company held its (postponed) Extraordinary General Meeting (EGM) on Tuesday, 4 October 2022 at the Company’s headquarters, and discussed the Company’s future. The shareholders were informed of the steps taken by the Board of Directors regarding de-listing the Company’s shares from trading on Boursa Kuwait. Mr. Mansour Al-Kandari, Ajwan’sCEO, chaired the meeting and confirmed that a meeting took place with the Complaints and Grievances Committee, and that documents were submitted showing the Board of Directors’ efforts to improve the Company’s financial position, as well as the approved steps and procedures taken by the Board of Directors in this regard. This was documented in the (postponed) EGM minutes.