In a disclosure issued to Boursa Kuwait, Al-Massar Leasing and Investment Company announced that, in its capacity as the manager of the acquisition process of all the remaining shares of Kuwait Hotels Company, the collection period for the mandatory acquisition of the remaining shares of Kuwait Hotels Company has ended. During the collecting period, the Company additionally informed that 3,394,173 shares were accumulated, representing a 5.8773558% ownership percentage of Kuwait Hotels Company's capital (from 6 October 2022 until 7 November 2022). This statement is a follow-up to its notification on November 25, 2022, announcing the Capital Market Authority's authorization to publish the takeover offer materials and establishing the term of collection for shareholders seeking to participate in the acquisition process.