Reference to the above-mentioned subject; Agility Public Warehousing Company would like to announce material information as per the below template:
| Date | 14/ 05 /2026 |
| Name of Listed Company | Agility Public Warehousing Company K.S.C.P. (“Makhazen”) |
| Case Number | Appeal no. 392, 425, 419 for 2026 appeal/ commercial/ Civil/ Government 5 |
| Electronic Number | 242727960 |
| Case Subject Matter | A lawsuit seeking to obligate Agility Public Warehousing Company to pay the administrative authority an amount of six million eight hundred ninety-nine thousand eight hundred two Kuwaiti Dinars and five hundred forty fils (KD 6,899,802.540) for Contract No. (157) in South Amghara area, representing the difference in the allocation price of KD 3 per square meter for the period from 1/4/2016 to 30/6/2018, in addition to expenses. |
| Judgment Date | 13/ 05 /2026 |
| Court that issued the Judgment | Court of Appeal |
| Parties of the Case | The Director of the Public Authority for Industry (in his capacity) against Agility Public Warehousing Company K.S.C.P. |
| Judgment is in favor of | The Director of the Public Authority for Industry (in his capacity) |
| Concluding Judgment of the Court of First Instance | The Court ruled that the defendant shall pay the claimant, in his capacity, an amount of six million one hundred thirty-five thousand twenty-five Kuwaiti Dinars and four hundred fils (KD 6,135,025.400), and ordered the defendant to bear the legal expenses and an amount of KD 50 as attorney’s fees, and rejected all other claims. |
| Concluding Judgment of the Court of Appeal | The Court accepted all three appeals in form. On the merits, it dismissed Appeals No. 392 and 425 of 2026, and in respect of Appeal No. 419 , it ordered Makhazen to pay the appellant, the Public Authority for Industry, an amount of KWD 6,866,185.961 (Kuwaiti Dinars six million, eight hundred sixty-six thousand, one hundred eighty-five and 961 fils). The Court also ordered the respondent against the appeals to bear the costs of all three appeals. |
| Concluding Judgment of the Court of Cassation | NA |
| Potential Effect of the Judgment on the Company | The company will appeal this decision at the court of cassation, and after the decision the financial impact can be assessed. |
Sincerely,
Investor Relations Team
