Al Imtiaz Investment K S C Public : Judicial Decision Disclosure

Date: 05/01/2022

Ref: 2022/CAD/KSE/001

Boursa Kuwait Company

Subject: Supplementary Disclosure of Lawsuits & Court Judgment

With reference to the above subject, and the requirements of fourth chapter of Module Ten (Disclosure and Transparency) of the Executive bylaws of Law No 7 of 2010 regarding the establishment of the Capital Markets Authority and regulating securities activities and their amendments, find enclosed the Disclosure Form of Material Information.

Sincerely,

Nawaf H Marafi

Group Chief Executive Officer

Board Member

Supplementary Disclosure of Lawsuits & Court Judgment

	Date		05/01/2022
	Name of the listed		ALIMTIAZ INVESTMENT GROUP COMPANY
	Company
			Supplementary Disclosure - Judgment rejecting the withholding of the
	Disclosure title		enforceability of the Appeal Judgment No. 1040/2021 (appeal
			Farwaniya) dated 26/10/2021
	Date of Previous		26/10/2021
	Disclosure
			(On the petition to withhold enforceability of the judgment of the Court of
			Appeal No. 1040/2021 issued on 26/10/2021)
			On 5/1/2022 the judgment of Court of First Instance - Urgent Circuit/7
			was issued in the case No. 4112/2021
			filed by the petitioner: Ali Ahmed Zubaid
			against: Alimtiaz Investment Group Company
			The court ruled by accepting the petition on a form basis, and on
			the subject by rejecting it, continuing to implement the judgment in
			question, confiscating the bail, and fining the petitioner an amount
			of one hundred dinars and obligating him to expenses, and an
			amount of one hundred dinars in return for the actual attorney's
	Developments that		fees.
	occurred to the		The above ruling affects the continuation of the implementation of the
	disclosure
		Court of Appeal judgment No. 1040/2021 issued on 26/10/2021
			The court's concluding judgment was:
			"First: to accept the original appeals in form, and on the subject of
			appeals Nos. 1381, 1543, 1545, 1648, 4123 / 2021 Civil/8 rejecting them
			and obligated each appellant to pay the costs of his appeal and 100
			dinars for actual attorney fees.
			Second: By overruling the appealed judgment and ordered again to
			obligate the appellees jointly to pay to the appellant an amount of
			11,925,059,464 KD (eleven million nine hundred and twenty-five
			thousand and fifty-nine Kuwaiti dinars and 464 fils) and obligated them to
			pay the appellant an amount of one thousand Kuwaiti dinars in return for
			actual attorney fees.

	Third: Not accepting the two subsidiary appeals with obligating the
	subsidiary appellant to pay their expenses and an amount of 20 dinars in
	return for attorney fees for each appeal."
The effect of the
material information	It is not possible to determine the financial impact at the present time
on the financial	except after the execution of the judgment of the Court of Appeal No.
position of the	1040/2021 issued on 26/10/2021
Company

Nawaf H Marafi

Group Chief Executive Officer

Board Member