ALDAR STRENGTHENS ITS LEADERSHIP TEAM WITH KEY APPOINTMENTS

Abu Dhabi – UAE, 20 November 2020: Aldar Properties PSJC (“Aldar”) has made a series of appointments to its senior management team, further strengthening its expertise and capabilities as a leading real estate company.

Jonathan Emery joined Aldar as Chief Development Officer, where he will be responsible for all development activities across the company. He brings over 30 years of experience in the global real estate industry, having held senior positions at leading developers in Australia, the UK and the UAE. Most recently, Jonathan was the CEO of the global residential practice and Managing Director of Property for Europe at Lendlease, a multinational construction, property and infrastructure company.

Emma O’Brien was appointed as the Acting General Counsel at Aldar, where she will be responsible for the company’s legal and governance affairs. Emma has been with Aldar since 2014. Prior to that, she practiced in a number of leading law firms, both in and London, and has advised on a wide range of high-profile transactions. Emma is a Solicitor of the Senior Courts of England and Wales.

Mohamed Musallam Aljneibi was appointed as Executive Director – Procurement to oversee the company’s procurement and supply chain function. Mohamed has over 20 years of experience in the real estate and oil and gas sectors, specialising in developing and implementing sustainable procurement and supply management practices. He joined Aldar from the Crown Prince Court Abu Dhabi, where he was Head of Procurement Operations since 2010, and with the Office of Strategic Affairs before that.

Faisal Falaknaz was appointed as Executive Director – Aldar Investments Properties Finance, where he will lead corporate finance for the company’s asset management and recurring income business. Faisal has extensive experience in finance and real estate investments, having spent over 10 years with Mubadala, working with the investments, asset management, M&A and Mubadala Corporate teams. He also worked with Emaar Properties where he led setting up Emaar Capital, their regulated fund management company. Faisal is a CFA Charter holder.

Samar Khan was appointed as Head of Investor Relations, joining the company from MERAAS where she was Head of Strategic Capital and Investments. Samar’s deep experience in investment banking and real estate advisory includes over 12 years in the UK, working for Goldman Sachs, Barclays Capital and Lehman Brothers.

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For further information, please contact:

Media/IR Joudi Issa Obaid Alyammahi Brunswick Aldar Properties +971 2 234 4600 +971 2 810 5555 [email protected]

About Aldar

Aldar Properties PJSC is the leading real estate developer in Abu Dhabi, and through its iconic developments, it is one of the most well known in the , and wider Middle East region. From its beginnings in 2005 through to today, Aldar continues to shape and enhance the urban fabric of the UAE’s Capital City in addition to other key areas of the Emirate. Aldar develops exciting and innovative projects, such as the internationally recognized HQ building situated in the Beach development, the Gate Towers in Shams Abu Dhabi on Al Reem Island, in addition to ’s F1 circuit. Aldar’s shares are traded on the Abu Dhabi Securities Exchange (Stock quote: ALDAR:UH), and is a profitable, cash generative business that provides recurring revenues, and benefits from a diverse and supportive shareholder base. Aldar operates according to high standards of corporate governance and is committed to operating a long term and sustainable business in order to provide ongoing value for its shareholders. Aldar seeks to create quality, comfortable, desirable destinations that enrich the lives of Abu Dhabi residents as well as tourists within the Emirate. Aldar is playing a leading role in the development and provision of world class retail - Yas Mall, international standard education through Aldar Academies, iconic entertainment venues such as the , and community amenities across its entire portfolio. Aldar is driven by a vision to be the most trusted and recognized real estate lifestyle developer in Abu Dhabi and beyond. For more information on Aldar please visit www.aldar.com or follow us on: