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This information does not constitute an offer, or an invitation to purchase, securities of Aldar Properties PJSC (the Company) in the United States or in any other jurisdiction in which such offer or invitation is not authorised or to any person to whom it is unlawful to make such offer or solicitation. Potential users of this information are requested to inform themselves about and to observe any such restrictions.

The Company's securities cannot be offered, sold, transferred or otherwise disposed of, in the United States absent registration, or an exemption from, or in a transaction not subject to, the registration requirements under the Securities Act. The Company has not registered, and does not intend to register, any of its securities under the Securities Act or to conduct a public offering of securities in the United States.

This communication has not been approved by the United Kingdom Financial Conduct Authority. This communication does not constitute an offer of the securities to the public in the United Kingdom. This communication is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order) or (iii) high net worth companies falling within Article 49(2)(a) to (d) of the Order and other persons to whom it may lawfully be communicated (all such persons in (i), (ii) and (iii) above together being referred to as relevant persons). Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this communication or any of its contents.

An offering circular will be prepared and, when published, will be made available on the website of the Irish Stock Exchange (https://www.euronext.com/). Investors should not subscribe for or purchase any securities referred to in this advertisement except on the basis of information contained in the offering circular.

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