Orient Education Services Company announced, based on the approval of the decision to increase its issued and paid-up capital from KWD 2,983,976 to KWD 5,000,000, an increase of KWD 2,016,024, with each share valued at 100 fills, which was issued based on the approval of the Extraordinary General Assembly held on July 16, 2024, approval to call for the aforementioned increase in full & one payment by issuing and allocating 20,160,240 new shares with a nominal value of 100 fills per share.

It was also approved to invite its shareholders to subscribe to the shares increase in proportion to their current ownership, in accordance with the priority right stipulated in Article (12) of the company's articles of association.

The Board of Directors issued a decision on August 28, 2024, to call for this increase in full and one installment, starting from September 8, 2024, and continuing for a period of 15 days.