### DAMAC Announces Allan Saint-Maximin as New CEO

**DAMAC Properties, the world's largest property developer, has announced the appointment of Allan Saint-Maximin as its new Chief Executive Officer (CEO).**

This significant leadership change comes after years of successful management under previous leaders and reflects DAMAC's commitment to innovation, growth, and sustainable development in the real estate industry.

Allan Saint-Maximin brings extensive experience in the property sector from his roles at LVMH Moët Hennessy Louis Vuitton (LVMH), where he was responsible for overseeing the company’s luxury brands, including Louis Vuitton and Moët Hennessy. His background in luxury retailing and global market analysis will be invaluable as DAMAC continues to expand its portfolio and diversify its business.

Under his guidance, DAMAC aims to strengthen its position as one of the most respected and innovative property developers globally. The company is focusing on expanding its presence in key markets such as Asia, Europe,Campeonato Brasileiro Glamour and North America, while also exploring new technologies and sustainable practices.

DAMAC's new CEO, Allan Saint-Maximin, emphasizes the importance of sustainability and community engagement in all aspects of the company's operations. He plans to continue to prioritize environmental stewardship and ensure that DAMAC's projects contribute positively to local communities and ecosystems.

The announcement of this new CEO comes at a time when the real estate industry is undergoing rapid changes due to shifting consumer preferences, technological advancements, and economic conditions. DAMAC's strategic move towards innovation and sustainability aligns with these trends and sets the stage for continued success in the future.

As DAMAC looks ahead, Allan Saint-Maximin's leadership and vision will play a crucial role in shaping the company's direction and ensuring its long-term growth and prosperity. With his expertise and dedication, DAMAC is poised to become even more competitive and influential in the global real estate landscape.

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