Based on the Capital Market Law issued by Royal Decree No. (M/30) dated 06/02/1424H, its implementing regulations, and the Financial Technology Experimental Permit Instructions issued by the Board of the Capital Market Authority, the Capital Market Authority announces that Blomal Capital has completed the commencement of business requirements to experiment the Financial Technology permit in relation to Investment and Real Estate Funds Distribution Platform, pursuant to the decision of the CMA's Board dated 05/08/2024G.