With reference to the abovementioned subject, and the CMA regulations issued on November 9, 2015, module number ten”disclosure and transparency” on the disclosure of material information. Following our previous disclosure dd: 10/07/2019, National Investments Company has completed, through one of its subsidiaries, the purchase of additional shares in a Kuwaiti closed shareholding company for a value of 1.05 million KD, leading to an increase in the consolidated stake of NIC to 56.59%. Accordingly, the company will be reclassified to a subsidiary company.

The financial impact cannot be determined, but will be disclosed in the future.