April 2, 2026

Sagicor Real Estate X Fund Limited (XFUND) has advised that its Board of Directors, at a meeting held on Monday, March 30, 2026, approved an accounting adjustment to reduce the surplus on ordinary shares and eliminate the accumulated deficit in retained earnings. XFUND has further advised that this reclassification will enhance the presentation of the Company’s equity accounts based on audited financials. XFUND has also confirmed that:

• This reclassification does not involve any cash distribution or dividend payment to shareholders.
• The Company’s total shareholders’ equity remains unchanged.
• There is no impact on assets, liabilities, or the overall financial position, other than a change in equity account presentation.
• XFUND has further advised that all required filings will be completed to effect the resolution.

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