The Kuwait Commercial Markets Complex Company held its Extraordinary General Assembly for the fiscal year ending December 31, 2024, on Monday, June 2, 2025.

The assembly approved the increase of the company’s authorized, issued, and paid-up capital from KWD 9,338,601.600 (Nine million, three hundred thirty-eight thousand, six hundred one Kuwaiti Dinars and 600 Fils) to KWD 9,805,531.700 (Nine million, eight hundred five thousand, five hundred thirty-one Kuwaiti Dinars and 700 Fils).

This increase will be achieved through the issuance of 4,669,301 shares, equivalent to KWD 466,930.100, representing a 5% bonus share distribution to shareholders registered in the company’s shareholder register as of the date of the general assembly meeting. The Board of Directors was authorized to handle any fractional shares, if applicable.

Accordingly, Article (6) of the Articles of Incorporation and Article (4) of the company’s Articles of association were amended to read:

“The company’s authorized, issued, and paid-up capital is set at KWD 9,805,531.700, distributed over 98,055,317 shares with a nominal value of 100 Fils per share, and all shares are in cash.”