Mosanada Facilities Management Services “Mosanada” Q.P.S.C. to list its shares through a Direct Listing on the Main Market of the Qatar Stock Exchange

Announcement of intention to float on the Qatar Stock Exchange. Not for release, publication or distribution, in whole or in part, directly or indirec...

Announcement of intention to float on the Qatar Stock Exchange. Not for release, publication or distribution, in whole or in part, directly or indirectly, in or into or within the Qatar Financial Centre, the United States of America, the United Kingdom, the European Union, the State of Kuwait, the Sultanate of Oman, the Kingdom of Saudi Arabia, the United Arab Emirates (including the Abu Dhabi Global Market and the Dubai International Financial Centre), the Kingdom of Bahrain, or any other jurisdiction where it is unlawful to distribute this announcement.

Doha, Qatar, 27 November 2025: Mosanada Facilities Management Services “Mosanada” Q.P.S.C. (“Mosanada” or the “Company”), a leading provider of specialized facility management services in the State of Qatar, announced today its intention to list its shares on the Main Market of the Qatar Stock Exchange through a direct listing, with the first day of trading to be on Monday, 15th December 2025, following receipt of the approvals by the Qatar Financial Markets Authority and the Qatar Stock Exchange.

The Company was established in 2013 as a joint venture between the Aspire Zone Foundation (“AZF”), Qatar Olympic Committee (“QOC”) and Cushman & Wakefield (Qatar) Holdings Pty Ltd (together, the “Founders”), with the aim to fulfil the growing need in Qatar for specialised expertise in managing complex, high-profile assets, venues and infrastructure. The Company primarily operates under long-term contracts ranging from 3 to 5 years, generating revenue through performance-based fixed fee arrangements, along with any variations mutually agreed with clients. In addition, Mosanada provides FM advisory and consultancy services on a shorter-term, one-off and ad-hoc basis. Mosanada operates in line with Shari’ah principles and has obtained a Shari’ah compliance certificate.

At the Company’s Constitutive General Assembly held on 17 November 2025, shareholders approved a dividend distribution of QAR 42 million from the FY 2024 net profit, equal to QAR 0.60 per share, payable to shareholders of record on 8 February 2026.

Commenting on the Company’s listing, Mr. Abdulaziz Abdulla Al Mahmoud, Chairman, said, “This listing marks an important milestone for Mosanada as it transitions into a publicly listed company. Over more than a decade, the Company has developed strong capabilities and a proven track record in managing large and complex facilities of national importance. The direct listing framework enables wider investor participation and reflects Mosanada’s readiness for its next phase of development. We look forward to welcoming new shareholders as the Company begins its life as a listed entity.”