Reference to the above-mentioned subject; Agility Public Warehousing Company would like to announce about a material information as per the below template:
| Date | 29/06/2025 |
| Name of Listed Company | Agility Public Warehousing Company K.S.C.P (“Agility”) |
| Case Number
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| Case Subject Matter | The contract between the Public Authority of Industry (“PAI”) and Agility for Jahra Crafts area |
| Judgment Date | 25/06/2025 |
| Court that issued the Judgment | Court of Appeal |
| Parties of the Case | Agility against
1) the Minister of Commerce and Industry in his capacity, 2) the General Manager of PAI in his capacity, and 3) General Manager of Kuwait Municipality in his capacity |
| Judgment is in favor of | Public Authority of Industry |
| Concluding Judgment of the Court of First Instance | The court of first instance resolved:
(i) First: In the main case, to reject it and for Agility to pay the expenses and an amount of KD 10 for legal fees (ii) Second: Point 2 to accept it in the form and, on the merits, to evict and remove the company from the land under dispute and hand it over to PAI empty of any movable assets and persons, in the same condition it was received. (iii) Third: In the secondary case, point 3, to reject it in the form(iv) The court ordered the first defendant in the counterclaim to pay the expenses, along with an amount of KD 10 for legal fees |
| Concluding Judgment of the Court of Appeal | The court has accepted the 2 appeals in form and rejected them in substance, upholding the appealed judgement. And exempted the appellant in the first case from the fees and obligated the appellant in the second case to pay the court fees and to do settlement for the Legal fees. |
Best Regards,
Investor Relations Team