Rawasi Albina sukukholders to discuss unpaid due payouts on Nov. 12

Key meeting agenda items

Agenda

Proposed Discussion Topics

Proposed resolution outcome

Voting on a temporary standstill period / suspension of enforcement actions for a specified period

Discuss whether sukukholders wish to grant the issuer a short, specified period to settle the unpaid periodic distribution amount, after reviewing the issuer’s position and proposed repayment plan, if any. The issuer would be required to provide periodic updates and supporting documents, without prejudice to sukukholders’ rights unless expressly stated otherwise in the resolution.

Vote on whether to instruct the sukukholder agent not to take enforcement actions until Jan. 12, 2027, subject to settlement of the overdue distribution amount or compliance with conditions determined by sukukholders, without amending the original maturity date or waiving sukukholders’ rights except to the extent approved by them.

Voting on a repayment plan / partial payment and rescheduling of the outstanding balance, if any

Discuss any specific plan submitted by the issuer, if available, covering full or partial payment of the overdue periodic distribution amount, the payment date, rescheduling of any outstanding balance, and the consequences of failure to comply with the plan.

Vote on whether to approve or reject the repayment plan submitted by the issuer, if any, in accordance with the dates and conditions set out in the resolution appendix or meeting documents, clarifying whether the event of default will remain in effect until full payment. If the issuer does not submit a repayment plan, this will be recorded in the meeting minutes and the item will not be put to a vote.

Financial covenants and request for a waiver / standstill period

Review the status of financial covenants based on the financial statements, including whether any breach of the financial covenants stipulated in the sukuk documents has occurred, and request any clarifications or remedial plan from the issuer. The options available to sukukholders will also be discussed.

If a financial covenant breach exists or the issuer requests a waiver or standstill period, sukukholders will vote on one of the proposed options, as presented at the meeting, including: 1. Approving a waiver or standstill period for the relevant financial covenant for a specified period. 2. Rejecting the waiver or standstill request. 3. Requesting additional information or documents from the issuer before making a final decision.

Voting on instructing the sukukholder agent to exercise rights arising from the event of default

Discuss whether sukukholders wish to instruct the sukukholder agent to take available actions under the sukuk documents, including issuing an enforcement notice / accelerating redemption, subject to the applicable procedures and quorum requirements, and provided that the agent is adequately indemnified, secured or funded in advance in a manner acceptable to it. Potential costs and expenses associated with exercising these rights will also be clarified, including legal advisory fees and any related regulatory or operational costs. The allocation and recovery of such costs will be governed by the sukuk documents.

Available legal counsel options, estimated costs, and the proposed indemnification, security or advance funding arrangements will be presented, where available, before any related actions are taken.