Beyond Finance. Beyond Investment.

The Court of Appeal ruled in case numbers 1350 + 1360 + 6864 – 2025 filed by Amar Finance and Leasing Company against the International Group for Real Estate Projects Company, Grofast Real Estate Company, and the Agent of the Ministry of Justice for Real Estate Registration and Documentation Affairs in his capacity in favor of Amar Finance and Leasing Company as follows:

The court ruled on June 25, 2025: Accepting the two appeals in form and rejecting the second appeal on the merits, obliging the appellant to pay the expenses and one hundred dinars as actual attorney fees. Regarding the second appeal, the appealed judgment was partially amended to declare the sale contract of the disputed property located in the Salmiya area, plot 37, parcel 2, plan number M / 12333, registered with the Real Estate Registration Department under document number 5557 / 2019 dated 20/5/2019, as null and void, and to restore the situation to what it was before this sale, cancel and erase the registration of document number 5557 dated 20/5/2019 and consider it as if it never existed. The first respondent was obligated to pay the expenses and one hundred dinars as actual attorney fees, On December 24, 2025, the court ruled: The appeal is inadmissible due to prior adjudication, and the appellant was ordered to pay the expenses and one hundred dinars as actual attorney fees, There is no financial impact on the company.

Amar Board of Directors’ Meeting no. 06/2025 was held today Wednesday, December 24, 2025, at 1:30 PM, and the opening of nominations for membership of the Company's Board of Directors for its next term (2026-2028) was discussed and approved, along with other items.

Amar Finance and Leasing Company K.S.C.P announces the opening of Nomination for membership of the Board of Directors for its new term of three years (2026-2028), starting from the date of issuance of the Ordinary General Assembly decision. the nomination will start on Thursday, December 25, 2025, for two weeks, until the close of business on Thursday, January 8, 2026.

Accordingly, we invite who wish to submit the nomination form and who meet the conditions and regulation stipulated in Companies Law No. 1 of 2016 issuing the Companies Law and its executive regulations and amendments, the integrity and financial soundness standards set forth in the executive regulations of Law No. 7 of 2010 concerning the establishment of the Capital Markets Authority, the regulation of securities activities, its amendments, and the company’s Articles of Association.

Required Documents for Nomination:

• Submission of Annex No. (10) from Book Five of the Executive Regulations of the Capital Markets Authority Law - Nomination Application Form for positions and jobs required to be registered with the licensed person according to competence and integrity instructions.
• A recent copy of the civil ID.
• A criminal record certificate.
• A certificate issued by the Capital Markets Authority regarding the legal status clearance.
• A CV and a statement of work experiences, academic qualifications, and supporting documents.
• A statement of membership in companies’ boards of directors including numbers, dates, and committees formed by the board in which membership was held.
• A statement of companies in which the candidate still participates in management or ownership.
• A letter of intent to run for election; if the candidate is a legal entity, an official letter from the legal entity specifying the name of the representative nominated for membership must be attached.
• A declaration by the independent candidate affirming fulfillment of independence conditions.

Nomination Application Forms can be submitted to the Secretary of the Board's office, located at the company headquarters in Kuwait City - Al-Qibla - Block 3 - Ali Al Salem Street - Al Reyhan Tower - 7th floor, from 9:00 AM to 3:00 PM. Kindly note that no member may be nominated to the company's Board of Directors after the above-mentioned deadline, in accordance with the provisions of paragraph three of Article 1-11-4 of Chapter One of Book Twelve of the Executive Regulations of Law No. 7 of 2010 concerning the establishment of the Capital Markets Authority and the regulation of securities activities and their amendments.

For more information and inquiries, interested candidates may contact the Board Secretary's office at: 22266969.