It has been agreed between Al Mazaya Holding Company K.S.C.P. (Holding) and First Dubai Real Estate Development Company K.S.C.P., whereby Al Mazaya Holding Company is the merging company and First Dubai Company is the merged company,to take all the necessary actions to complete the Merger by amalgamation in accordance with the Companies Law No. 1 of 2016 and its executive regulations, the Capital Markets Authority Law No. 7 for the year 2010 and its executive regulations and their amendments, and the provisions of the Competition Protection Law No. (72) for the year 2020 and its executive regulations - each according to their jurisdiction - as they are the supervisory authorities over the merger process.