Disclaimers:

We certify that we have received a copy of the Offering Memorandum for the Private Placement of the shares of Ali Al-Ghanim Sons Automotive Company K.S.C.C (the “Company”) and that we have read, reviewed, understood, accepted, and agreed to all the terms and conditions contained in the Demand Form, Offering Memorandum, Memorandum of Association and Articles of Association of the Company. And after we have investigated, verified, evaluated, and obtained all necessary advice from independent bodies regarding the Company’s conditions, financial and operational conditions, legal and regulatory conditions, consequences and tax results, risk factors, underwriting conditions, anti-money laundering regulations and rules, terms and conditions of shares for subscription and all other risks and effects of subscription and share ownership under the laws of a country Kuwait and all legal systems to which we may be subject, we hereby irrevocably agree, pledge and affirm that our decisions are informed, binding and productive as follows:

1. We pledge and agree to the accuracy of this Demand Form on the number of shares, and in the net amount indicated in the Demand Form, and from today's date until the date of the provisional allocation at the private placement of Ali Alghanim Sons Automotive Company K.S.C.C.
2. We acknowledge, understand, and agree that, regardless of receipt of the entire Demand Form on time, the Company, the Selling Shareholder, or the Joint bookrunners may, at its sole, absolute, and unrestricted discretion: (1) Give a provisional allocation, in whole or in part, in return for the Demand Form, as appropriate. (2) Also extend the subscription period and, accordingly, the period of accepting the Demand Forms to subscribe in accordance with the Terms and Conditions of subscription and allocation stipulated in the offering memorandum.
3. We acknowledge, understand, and agree that any decision or determination made by the Company or the Joint Bookrunners regarding the provisional allocated shares to the investors will be non-binding on us and that we hereby waive any right to object or challenge any decision or determination made in this regard.
4. We hereby know, acknowledge, and agree to (1) that the Demand Form submitted by us is not a Subscription Application. (2) That our demand for subscription to the shares subject to subscription expresses a serious desire on our part, and that we do not use fictitious names or fraudulent methods, nor do we violate any applicable law whose provisions apply to us in the State of Kuwait or abroad. (3) that all the Company, the selling shareholders, and the Joint Bookrunners are authorized to cancel any Demand Form and do not take into consideration in the provisional allocation or any application submitted by us for any reason, including, but not limited to, the repetition of the Demand Form, the incompleteness of the Demand Form, or its violation of the terms and conditions contained in the subscription documents or Kuwaiti laws (4) that the photocopies of the documents, identification cards and any identification cards to be submitted by us as attachments to the Demand Form will be true, conforming to reality and up-to-date (5) and that we have the full authorizations, powers and legal attributes to sign the Demand Form submitted by us.
5. We hereby do not hold the Joint Bookrunners, the Company, their directors, agents, advisors, employees, and representatives of any of them any liability and release them, and we hereby undertake to indemnify them for any direct and indirect losses, damages and expenses (including any interest costs, fees and legal fees) whatever It arises from or is related to our Demand Form.
6. None of the Joint Bookrunners, the Selling Shareholders, the Company, or any of their directors, representatives or employees have made any representations or warranties to us, whether express or implied, regarding the subscription process.
7. We acknowledge that the beneficiary of the subscription is a Professional Client as per Kuwait Capital Market Authority definition.