Dear Investor,
Kindly find below Agility’s statement to the Stock Exchange.
| Date | 22 February 2020 |
| Name of the Listed Company | Agility Public Warehousing Company KSCP (“Agility”) |
| Case No. | Not available |
| Case Subject | Defamation lawsuit that was brought by Kuwait and Gulf Link Transport Company, KGL Logistics and KGL Transportation Company KSCC against Agility |
| Judgment Date | 21 February 2020 |
| The Court that issued the Judgment | The Pennsylvania Supreme Court |
| Parties of the Case | 1. Kuwait and Gulf Link Transport Company, KGL Logistics and KGL Transportation Company KSCC (“KGL”) – Claimant 2. Agility Public Warehousing Company KSCP (“Agility”) – Respondent |
| The Judgment is in Favor of | Agility |
| The Concluding Judgement of the Court of First Instance | Summary judgment in favor of Agility affirming that letters sent by Agility to various U.S. government agencies and offices dealt with matters of public concern and contained protected political speech, and that the assertions regarding KGL’s relationship with Iranian entities were substantially true. |
| The Concluding Judgement of the Court of Appeal | The Pennsylvania Superior Court denied KGL’s appeal, thereby upholding the ruling of the lower court. |
| The Concluding Judgement of the Court of Cassation | The Pennsylvania Supreme Court denied KGL’s appeal, thereby upholding the ruling of the Pennsylvania Superior Court and the lower court. |
| The potential effect of the Judgement on the company | No immediate impact. |
Sincerely,
Investor Relations Team