Reference to the above-mentioned subject; Agility Public Warehousing Company would like to announce about a material information as per the below template:
| Date | 21/01/2026 |
| Name of Listed Company | Agility Public Warehousing Company K.S.C.P (“Makhazen”) |
| Case Number | 7455/2025 Commercial/Civil/Government Appeal against Case No. 6460/2024 Commercial / Civil / Government / 10 |
| Case Subject Matter | Appeal against the judgment issued by the Court of First Instance regarding the termination of Contract No. 60/2002 (Sulaibiya Warehouses site), eviction from the site, and the obligation to pay compensation for the post-contractual period to the Public Authority of Industry (“PAI”). |
| Electronic Case Number | 242688140 |
| Judgement Date | 21/01/2026 |
| Court that issued the Judgment | Court of Appeal |
| Parties of the Case | General Manager of PAI in his capacity against Agility Public Warehousing KSCP |
| Judgment is in favor of | PAI |
| Concluding Judgment of the Court of First Instance | The court ruled to terminate Lease Contract No. (60) dated 24 April 2002, vacate the disputed plot, and obligate Agility to pay compensation for the post-contractual period from 24 April 2022 until October 2025 in the amount of KWD 9,549,802.333 ( Nine million five hundred forty-nine thousand eight hundred two Kuwaiti Dinars and three hundred thirty-three fils), in addition to KWD 300 (three hundred Kuwaiti Dinars) as legal fees. |
| Concluding Judgment of the Court of Appeal | The Court of Appeal ruled to accept the appeals in form, reject them on the merits, and uphold the judgment of the Court of First Instance, obligating each appellant to bear the costs of its appeal and pay KWD 100 as actual attorneys’ fees. |
| Concluding Judgment of the Court of Cassation | N/A |
| Potential Effect of the Judgment on the Company | The Company will challenge the Court of Appeal judgment before the Court of Cassation within the legally prescribed time limits. Accordingly, the judgment is final but not conclusive, and the Company will disclose any material developments as they arise. |
Sincerely,
Investor Relations Team