With reference to the abovementioned subject, and the CMA regulations issued on November 9th, 2015, module number ten”disclosure and transparency” on the disclosure of material information. Following our previous disclosure dd: 19/1/2015 & 10/11/2016, NIC announces that one of its subsidiaries – after acquiring the approval of the Central Bank of Lebanon- has finalized the issuance of shares certificate of NBK-Lebanon (Closed Joint Stock Co.).

No financial impact is existing till date, and will be disclosed at a later stage if applicable.