Reference to the above-mentioned subject; Agility Public Warehousing Company would like to announce about a material information as per the below template:
| Date | 24/12/2025 |
| Name of Listed Company | Agility Public Warehousing Company K.S.C.P (“Makhazen”) |
| Case Number | Case no. 3541 for the year 2025 Commercial/Civil/Government/2 Appeal no. 6757/2025 Commercial/Civil/Government/2 |
| Case Subject Matter | Claim for an amount of KD 13,694,323 (Thirteen million six hundred ninety-four thousand three hundred twenty-three Kuwaiti Dinars), filed by the Director General of the Public Authority for Industry, in his capacity, against the legal representative of Agility Public Warehousing Company, in consideration of the financial dues arising from the non-utilization of the Phase Four site in the South Amghara area. |
| Judgment Date | 24/12/2025 |
| Court that issued the Judgment | Court of Appeal |
| Parties of the Case | General Manager of PAI in his capacity against the Legal representative of Agility. |
| Judgment is in favor of | General Manager of PAI in his capacity |
| Concluding Judgment of the Court of First Instance | The court of first instance ruled that the case is inadmissible as it has already been adjudicated. The court ordered the claimant, in his capacity as Director General of the Public Authority for Industry, to bear the legal expenses and to pay the amount of KD 50 (Kuwaiti Dinars Fifty) as actual attorneys’ fees. |
| Concluding Judgment of the Court of Appeal | The Court ruled to accept the appeal in form and, on the merits, to overturn the appealed judgment and order the company to pay to the appellant, in his capacity, an amount of KD 13,694,320 (Thirteen million six hundred ninety-four thousand three hundred twenty Kuwaiti Dinars), representing the rent due for the deprivation of the right to utilize Phase Four plots located in the South Amghara area, with a total area of 939,323 square metres, for the period from 1 November 2018 until the date of the last payment of the rent specified for each plot, as detailed in the schedule set out in the Expert Committee Report No. A2223628 dated 22 January 2023, issued in Appeal No. 836/2022 – Commercial Civil Government / 2. The Court further ordered the appellant-against company to bear the court costs for both levels of litigation, in addition to KD 100 as attorneys’ fees. |
| Concluding Judgment of the Court of Cassation | N/A |
| Potential Effect of the Judgment on the Company | The impact can’t be assessed at the moment since the company will appeal this decision. |
Sincerely,
Investor Relations Team