Cairo, May 5, 2025: Palm Hills Developments ("PHD" or "the Company") the leading real estate developer in Egypt, booked total new sales of EGP80.2 billion in 1Q2025 surpassing the EGP32.2 billion recorded in 1Q2024 and EGP21 billion in 4Q2024. This significant uptick underscores sustained momentum and reflects robust demand, positioning the company for a strong performance in 2025 to achieve its target of EGP200 billion in sales, a growth of 33% YoY. New sales during the period were primarily driven by existing projects, mainly Badya, Palm Hills New Cairo, P/X, and Palm Hills Alexandria. It is worth noting that 1Q sales doesn’t include significant north coast sales-scheduled to start in the prevailing month- which recorded EGP90 billion in FY2024.