OTC 350 Real Estate Facilities Company, during its Extraordinary General Assembly held on June 30, 2025, approved a reduction in the number of its Board members from six to five.

The assembly also approved the amendment of Article (14) of its Articles of Association to read as follows:

-The company shall be managed by a Board of Directors consisting of five members. Each shareholder, whether a natural or legal person, may appoint representatives to the Board in proportion to their ownership of shares.

- The number of representatives appointed this way shall be deducted from the total number of elected Board members.

-  Shareholders with appointed representatives may not participate in electing the remaining Board members except within the limits of any remaining share percentage.

- Board members are elected by secret ballot.

- If a new Board cannot be elected at the designated time, the current Board shall continue managing the company’s affairs until the reasons are resolved and a new Board is elected.