Reference to the above-mentioned subject; Agility Public Warehousing Company would like to announce material information as per the below template:
| Date | 22/04/2026 |
| Name of Listed Company | Agility Public Warehousing Company K.S.C.P (“Makhazen”) |
| Electronic Number | 233996610 |
| Case Number | 93085/2023 Commercial / Civil / Gov /29 1247/2024 Appeal /Commercial /Civil Gov/4 |
| Case Subject Matter | Request the company to pay to the Public Authority for Industry (PAI) an amount of KD 31,593,561.644 for the leasing contract No. (208) regarding the plot located in Mina Abdullah area, and any new dues in favor of PAI plus paying the expenses and attorney’s fees. The Public Authority for Industry added a new request to its requests, which is the ruling to evict the company from the plots subject to contract No. (208) located in Mina Abdullah, and contract No. (211) located in Sulaibiyah extension. |
| Judgment Date | 03/12/2025 |
| Court that issued the Judgment | Court of Appeal |
| Parties of the Case | The General Director of the Public Authority of Industry in his capacity against Agility Public Warehousing Company KSCP |
| Judgment is in favor of | Agility Public Warehousing Company |
| Concluding Judgment of the Court of First Instance | The court rejected the case and obligated PAI to pay KD 100 as attorney fees and exempted them from other expenses. |
| Concluding Judgment of the Court of Appeal | The Court has ruled: to accept the appeal in form, and on the merits to overturn the appealed judgment, and to rule again that the case is inadmissible due to prior adjudication in Case No. 19 of 2023 Commercial /Civil/ Government 9 and its appeals Nos. 1049, 1119, and 1146 of 2024 Commercial/ Civil Government/3. The Court exempted the appellant, in his official capacity, from court fees and ordered him to pay 20 Kuwaiti Dinars as attorney fees. |
| Update | The Company advises that the Public Authority for Industry has obtained an enforcement order from the Head of the Execution Department at the Court in relation to the eviction of Agility from plots (3, 4, and 5) in Mina Abdullah under Contract No. 208. The Company intends to challenge this action, as the operative part of the judgment provides for vacating the site and handing it over free of occupants, which implies that the Company retains the right to all assets located at the site. The Company will await the outcome of this challenge, upon which the financial impact, if any, arising from the enforcement of the judgment will be determined |
| Concluding Judgment of the Court of Cassation | Not applicable |
| Potential Effect of the Judgment on the Company | No impact at the moment |
Sincerely,
Investor Relations Team