Reference to the above-mentioned subject; Agility Public Warehousing Company would like to announce material information as per the below template:
| Date | 02/11/2025 |
| Name of Listed Company | Agility Public Warehousing Company K.S.C.P (“Agility”) |
| Case Number | 6460/2024 Commercial/ Civil/Government/10 |
| Case Subject Matter | A lawsuit to establish the termination of contract No. 60/2002 (Sulaibiya Warehouses site) and to vacate the company from the site, and to obligate it to pay to the requesting authority – Public Authority of Industry (“PAI”) – the value of the contract |
| Electronic Case No. | 242688140 |
| Judgment Date | 30/10/2025 |
| Court that issued the Judgment | Court of First Instance |
| Parties of the Case | General Manager of PAI in his capacity against Agility |
| Judgment is in favor of | PAI |
| Concluding Judgment of the Court of First Instance | Firstly: The court ruled to terminate the lease contract for the plot no. (60) dated 24 April 2002, allocated for development to provide various warehousing services, and to vacate the defendant company from the disputed plot and deliver it to PAI free of any occupants.
Secondly: The court obligated the defendant company to pay the plaintiff authority, the amount of rent for the post-contractual period from 24 April 2022 until October 2025, which is nine million five hundred forty-nine thousand eight hundred two Kuwaiti Dinars and 333 Fils (KWD 9,549,802.333), plus KWD 300 as legal fees, and rejected all other claims. |
| Concluding Judgment of the Court of Appeal | N/A |
| Concluding Judgment of the Court of Cassation | N/A |
| Potential Effect of the Judgment on the Company | No impact as the company will appeal this decision. |
Best Regards,
Investor Relations Team