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: 16/01/2019, related to the purchase of Al Khair National for Stocks and Real Estate Company stake in Kuwait Foundry Co, NIC announces the finalization of the deal according to Boursa Kuwait regulations, knowing that the transaction’s full amount is approximately KD 7.8 Million.

No material financial impact has been recorded and will be disclosed at a later stage if applicable.