The Capital Markets Authority has issued Resolution No. (107) of 2025 granting a private placement marketing license for a collective investment scheme established outside the State of Kuwait to OTC#458 Boubyan Capital Investment Company. The license allows the company to privately market 12,500,000 shares (twelve million five hundred thousand shares) of Boubyan Islamic Leasing and Finance Fund 12 (USD) Ltd Company, which is incorporated in the Cayman Islands.

The shares will be offered for private placement within the State of Kuwait at a price of USD 10 (ten US dollars) per share, in addition to a one-time subscription fee of 2.25% payable upon subscription.

The offering is restricted to professional clients only, as defined in Book One (Definitions) of the Executive Regulations of Law No. 7 of 2010 regarding the Establishment of the Capital Markets Authority and the Regulation of Securities Activity and its amendments.

Boubyan Capital Investment Company and Boubyan Bank will be the entities authorized to receive subscription applications. The marketing license is valid for one year from the date of issuance of the CMA license certificate and is renewable annually, subject to payment of the prescribed fees.