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Al Amal Investment Advisory

A Letter from Our Chairman

Chairman's Message

Reflecting on resilience, strategic milestones, and our commitment to shareholders, clients, and the region. The Chairman shares his vision for sustainable growth, Shari’a integrity, and GCC economic advancement.

Mr. Abdulaziz Al-Sabah, Chairman of Al Amal Investment
Board Leadership

Abdul Jalil Qassin Hassan Boland

معالي الشيخ عبدالله خالد الألمانزا

Chairman of the Board of Directors

Al Amal Investment Company KSCC — Kuwait

Tenure
Appointed Chairman, 2005
21+ years of board leadership
Previous Roles
Deputy Chairman of Al Ahleia Switchgear
2008–2021 · Al Ahleia Switchgear Co KSCC Board Member

Abdul Jalil Qassin Hassan Boland has over three decades of experience in GCC financial markets, sovereign wealth management, and Islamic finance. He has held senior advisory positions with the Kuwait Investment Authority (KIA), the Gulf Investment Corporation (GIC), and has served on the boards of leading regional banks and industrial conglomerates. A graduate of the London School of Economics and the Wharton School of Business, H.E. remains a pivotal architect of Kuwait's post-oil economic diversification strategy.

Annual Communication 2025

Dear Shareholders, Partners, and Colleagues,

السادة المساهمين والشركاء والزملاء الكرام،

Since its establishment in 2003, Al Amal Investment Company has remained guided by a clear and unwavering vision — to build a globally respected investment institution capable of delivering sustainable growth, preserving long-term value, and contributing meaningfully to economic advancement across international markets. Over the years, our organization has evolved into a diversified global investment company with a strong presence across multiple sectors, industries, and strategic regions around the world. This progress has been achieved through discipline, resilience, strategic thinking, and a commitment to maintaining the highest standards of integrity and professionalism in every aspect of our operations.

Throughout our journey, we have consistently believed that successful investment is not solely measured by financial returns, but by the long-term value created for stakeholders, communities, and future generations. Markets continue to evolve, industries continue to transform, and economic conditions continue to shift across different regions of the world. In the midst of these changes, our mission has remained constant: to safeguard and enhance assets through intelligent investment strategies, responsible financial management, and partnerships built on trust, transparency, and shared ambition.

At Al Amal Investment Company, we understand that the global investment landscape has become increasingly interconnected and dynamic. Economic developments in one region can influence opportunities and challenges across entire markets within moments. Technological innovation continues to reshape industries at unprecedented speed, while demographic changes, sustainability priorities, and geopolitical developments are redefining how organizations approach long-term growth. These realities require not only experience and expertise, but also adaptability, foresight, and the ability to identify emerging opportunities before they become mainstream.

Our organization has always embraced a forward-looking investment philosophy grounded in diversification, strategic planning, and calculated decision-making. We believe that diversification is one of the most important foundations for long-term resilience and sustainable growth. By investing across multiple industries and geographies, we are able to reduce exposure to market volatility while positioning ourselves to capitalize on opportunities across evolving economic cycles. This disciplined approach has enabled us to maintain stability while continuously expanding our investment portfolio into sectors with strong growth potential and long-term strategic importance.

Today, Al Amal Investment Company maintains investment interests across a broad range of sectors including Oil & Gas, Banking & Finance, Renewable Energy, Solar Projects, Gold Mining, Aviation, Real Estate, Transportation, Tourism, Marine Projects, Industrial Development, Infrastructure, and emerging growth industries. Each of these sectors represents a critical component of global economic development and offers unique opportunities for innovation, expansion, and long-term value creation.

The Oil & Gas sector, for example, continues to play a central role in supporting industrial growth and global energy demands. While energy markets continue to evolve toward sustainability and cleaner technologies, we recognize the ongoing importance of responsible investment within traditional energy sectors. Our approach focuses on identifying opportunities that balance economic performance with operational efficiency and long-term sustainability considerations.

In Banking & Finance, we continue to support initiatives that strengthen financial systems, expand access to capital, and encourage economic development across both established and emerging markets. Financial institutions remain vital drivers of economic activity, entrepreneurship, and infrastructure growth. Through strategic partnerships and investment initiatives, we aim to contribute to the stability and advancement of the global financial ecosystem while creating opportunities for sustainable returns.

Renewable Energy and Solar Projects have also become increasingly important areas of focus for our organization. As global economies continue transitioning toward cleaner and more sustainable energy solutions, we believe responsible investment in renewable infrastructure represents both a strategic opportunity and a long-term responsibility. Sustainability is no longer an optional consideration in investment decision-making; it is now a fundamental pillar of future economic growth. Our investments in renewable energy reflect our commitment to supporting industries that contribute to environmental progress while meeting the evolving needs of modern societies.

Across the Real Estate and Infrastructure sectors, we continue to identify projects that support urban development, commercial expansion, and long-term economic stability. Real estate has always been a cornerstone of wealth preservation and economic activity, but modern development requires a more sophisticated and integrated approach. Today’s successful projects must combine functionality, sustainability, strategic location, and long-term market relevance. Our investment philosophy within these sectors is built around identifying opportunities that deliver enduring value while supporting regional growth and modernization.

Tourism, Transportation, Aviation, and Marine Projects also remain integral to our diversified global strategy. These industries are essential drivers of international connectivity, trade, economic integration, and cultural exchange. As global mobility continues to recover and expand, we see significant opportunities for long-term growth within these sectors, particularly in regions experiencing rapid economic development and infrastructure transformation.

One of the defining strengths of Al Amal Investment Company is our ability to combine global perspective with disciplined execution. Investment success requires more than access to capital; it requires insight, timing, strategic alignment, and strong relationships. Over the years, we have cultivated a global network of partners, institutions, advisors, developers, and financial professionals who share our commitment to excellence and sustainable growth. These relationships continue to strengthen our ability to identify and execute opportunities across international markets.

We take immense pride in the trust that clients and stakeholders place in our organization. Trust is one of the most valuable assets within the investment industry, and it must be earned continuously through transparency, consistency, accountability, and results. Every decision we make is guided by a commitment to maintaining the highest standards of ethical business conduct and professional integrity. We believe that sustainable growth can only be achieved when strong financial performance is matched by responsible leadership and principled decision-making.

Al Amal Investment Company serves a diverse global clientele that includes high-net-worth individuals, corporations, developers, brokers, sovereign wealth entities, family offices, and institutional investors. Each client and partner brings unique objectives, priorities, and investment goals. For this reason, we remain committed to providing tailored financial solutions designed to address specific needs while maximizing long-term opportunities. Our services in wealth management, portfolio management, debt financing, mergers and acquisitions advisory, and listed and unlisted equities trading are all structured around a client-centered philosophy that prioritizes strategic alignment, personalized guidance, and measurable value creation.

Wealth management today requires a far more comprehensive and dynamic approach than in previous decades. Investors face increasingly complex markets influenced by technological disruption, inflationary pressures, currency fluctuations, geopolitical uncertainties, and rapidly changing regulatory environments. In response, our wealth management strategies are designed to provide stability, diversification, and long-term growth opportunities that align with evolving market conditions and individual financial objectives.

Portfolio management remains another cornerstone of our business operations. We understand that effective portfolio management is not simply about selecting investments, but about constructing balanced strategies capable of delivering performance while managing risk responsibly. Our experienced professionals continuously monitor market developments, sector trends, and economic indicators to ensure that investment portfolios remain aligned with both current opportunities and long-term strategic goals.

In mergers and acquisitions advisory, we continue to assist organizations in navigating complex transactions, identifying strategic opportunities, and achieving sustainable business growth through expansion, consolidation, and partnership development. M&A activity has become increasingly global and sophisticated, requiring deep market insight, negotiation expertise, and strategic planning. Our advisory capabilities are designed to support organizations seeking to strengthen market position, accelerate growth, or unlock long-term value through carefully structured transactions.

Debt financing also plays a critical role in supporting economic activity and business expansion. Access to structured financing solutions enables organizations to pursue strategic initiatives, develop infrastructure, expand operations, and capitalize on market opportunities. At Al Amal Investment Company, we continue to work closely with partners and stakeholders to facilitate financing strategies that support sustainable growth while maintaining financial discipline and long-term viability.

While financial expertise and strategic planning remain essential, we firmly believe that people are the true foundation of long-term organizational success. Behind every successful investment, partnership, and strategic initiative is a dedicated team of professionals committed to excellence. Our organization is strengthened by individuals with diverse backgrounds, international experience, and deep industry knowledge. Their expertise, professionalism, and commitment continue to drive our growth and reinforce our position within the global investment landscape.

We are equally proud of the culture we continue to build within Al Amal Investment Company. A strong organizational culture promotes collaboration, innovation, accountability, and continuous learning. In an industry defined by change and complexity, maintaining a culture that encourages adaptability and strategic thinking is essential for long-term competitiveness and success. We remain committed to investing in talent, supporting professional development, and fostering an environment where excellence can thrive.

Technology and innovation are also reshaping the future of investment management and global finance. Digital transformation has significantly altered how markets operate, how businesses engage with customers, and how investment opportunities are identified and evaluated. Artificial intelligence, advanced analytics, financial technology platforms, and data-driven decision-making are now central components of modern investment strategy. At Al Amal Investment Company, we recognize the importance of embracing innovation while maintaining disciplined investment fundamentals. Our approach combines traditional financial expertise with modern market intelligence to ensure that we remain agile, informed, and prepared for the future.

Sustainability continues to play an increasingly important role in shaping our long-term vision and investment priorities. Around the world, investors, governments, institutions, and communities are recognizing the importance of balancing economic growth with environmental responsibility and social impact. At Al Amal Investment Company, we believe that sustainable investment practices are essential not only for protecting future generations, but also for ensuring long-term economic resilience and market relevance.

We continue to explore opportunities that support renewable energy, sustainable infrastructure, environmentally responsible development, and innovation-driven industries. Our commitment to sustainability reflects our belief that investment organizations have a broader responsibility to contribute positively to the societies and economies in which they operate. Long-term value creation must extend beyond financial performance to include responsible stewardship, ethical leadership, and meaningful contribution to global progress.

Looking ahead, we remain optimistic about the future and confident in the opportunities that lie before us. While global markets will continue to experience periods of uncertainty and transformation, we believe that disciplined strategy, diversified investment, and strong partnerships will remain the foundation of sustainable success. Our long-term vision is centered on continued expansion, strategic diversification, and the pursuit of opportunities that align with our core values and investment philosophy.

We aim to further strengthen our international presence, deepen our relationships with strategic partners, and continue identifying sectors and markets capable of delivering sustainable long-term growth. As economies continue to evolve and new industries emerge, we remain committed to maintaining the adaptability and strategic discipline necessary to navigate changing market conditions successfully.

At Al Amal Investment Company, we view every challenge as an opportunity for innovation, every partnership as a foundation for growth, and every investment as a responsibility to create meaningful long-term value. This mindset has guided our organization throughout our journey and will continue to shape our direction in the years ahead.

None of our achievements would have been possible without the trust, confidence, and continued support of our clients, partners, stakeholders, and professional teams around the world. We deeply value the relationships we have built over the years and remain committed to strengthening these partnerships through transparency, performance, and shared success.

On behalf of the leadership team and everyone at Al Amal Investment Company, I would like to express my sincere appreciation to all those who continue to place their trust in our organization. Your confidence inspires us to continuously pursue excellence, embrace innovation, and remain steadfast in our commitment to responsible investment and sustainable growth.

As we move forward into the future, our mission remains clear: to build lasting value, create meaningful impact, and strengthen our position as a globally respected investment institution dedicated to excellence, integrity, and long-term prosperity. We remain confident that with strategic vision, disciplined execution, and strong partnerships, Al Amal Investment Company will continue achieving new milestones and contributing positively to the evolving global investment landscape for many years to come.

Abdul Jalil Qassin Hassan Boland

Chairman of the Board of Directors

Al Amal Investment Company KSCC

15 January 2026  |  ١٥ يناير ٢٠٢٦

Extracted from the Chairman's Message

Key Strategic Priorities 2026–2028

Four pillars guiding Al Amal's institutional growth over the next three years.

Geographic Expansion

Deepening GCC Presence

تعميق الحضور في دول الخليج

Transition from Kuwait-centric operations to a fully integrated pan-Gulf investment platform, with expanded direct investment mandates across Saudi Arabia, UAE, Qatar, Oman, and Bahrain.

Islamic Finance

Shari'a-Compliant Innovation

الابتكار المتوافق مع الشريعة

Launch two new Shari'a-compliant private equity funds targeting healthcare and renewable energy — sectors structurally undercapitalised across the GCC and aligned with national development plans.

Technology

Digital Transformation

التحول الرقمي

Deploy AI-driven portfolio analytics, real-time investor reporting platforms, and next-generation client management systems to deliver institutional-quality transparency and service.

People

Human Capital Development

تطوير رأس المال البشري

Invest in Kuwaiti talent through structured leadership development programs, international secondments, and partnerships with leading GCC universities and business schools.

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Explore Further

مزيد من المعلومات

Questions for Our Chairman or Board?

هل لديك استفسارات لمجلس الإدارة؟

Our dedicated Investor Relations team is available to address shareholder inquiries, institutional mandates, and media requests on behalf of the Board.

investors@al-amalinvestment.com
+965 182 2626 (Investor Relations)
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