CMA LAW: Resolution No. (109) of 2026 Regarding The Private Marketing License of a Collective Investment Scheme Incorporated outside the State of Kuwait Granted to Gulf Capital Investment Company to Market the Stakes of GATEWAY LIVING PORTFOLIO

Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- The Memorandum and Articles of Association of Gulf Capital Investment Company, and

- The agreement between the representative of the collective investment scheme which is Investcorp Asset Advisory Services Limited and the marketing manager Gulf Capital Investment Company; and
- The application of Gulf Capital Investment Company to conduct a private marketing for the stakes of GATEWAY LIVING PORTFOLIO; and
- Based on Resolution No. (04) of 2025 regarding the amendment of the approval authorizations for the Supervision Sector's procedures, issued on 12/01/2025.

The Following Was Resolved
Article (1) 
Gulf Capital Investment Company is hereby licensed to market 300 stakes (three hundred stakes only) of GATEWAY LIVING PORTFOLIO stakes as a private marketing in the State of Kuwait. It is incorporated in Cayman Islands. Each stake consists of the following:

1. One (1) share of equity in CHRP Equity Holdings Limited 2026.

2. One (1) share of self-financed debt (i.e., investment in two companies) which are:

- CHRP Finance Limited 2026.

- CHRP Finance II Limited 2026.

The offering price shall be USD 100,000 (one hundred thousand US dollars) per stake, in addition to a one time subscription fee of 2% of the investor's investment commitment, payable by the scheme manager.

Article (2)
The marketed shares shall be offered only for professional clients in the State of Kuwait according to Module One (Glossary) of the Executive Bylaws of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments.
The parties receiving the subscription applications are as follows:
- Gulf Capital Investment Company.
- Gulf Bank.

Article (3)
The objectives of the Collective Investment Scheme are as mentioned in the prospectus.

Article (4)
The marketing license term is one year renewable annually from the issuance date of CMA’s license, and after paying the prescribed fees.

Article (5)
The prescribed fees shall be paid within one month from the date of issuance of this Resolution. In case of default, this Resolution shall be considered null and void.

Article (6)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.

Zeyad Al-Fulaij 
Head of Supervision Sector
Issued on: 29/07/2026.

Copy of the Official Document

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