Al Bareeq Holding Company will discuss, in its upcoming Extraordinary General Assembly scheduled for August 21, 2025, the increase of its authorized, issued, and fully paid-up capital from KD 45,479,200 (forty-five million, four hundred seventy-nine thousand, two hundred Kuwaiti Dinars) to KD 46,388,784 (forty-six million, three hundred eighty-eight thousand, seven hundred eighty-four Kuwaiti Dinars).

The capital increase amounts to KD 909,584, represented by 9,095,840 bonus shares, at a 2% ratio. The funding will come from KD 40,078 from the voluntary reserve and KD 909,584 from retained earnings. The bonus shares will be distributed at a ratio of 2 shares for every 100 shares to shareholders registered in the company's records as of the date of the General Assembly, in proportion to their holdings.

The General Assembly will also authorize the Board of Directors to manage the treatment of fractional shares resulting from the bonus share distribution. This distribution relates to the fiscal year ending December 31, 2024.

Additionally, the agenda includes amending Article (6) of the Memorandum of incorporation and Article (5) of the Articles of Association to reflect the new capital structure, which will state:

“The authorized, issued, and fully paid-up capital of the company is KD 46,388,784, divided into 463,887,840 shares, each with a nominal value of 100 Fils. All shares are cash shares.”

The company also confirmed that if a quorum is not met for the meeting, a postponed meeting will be held on Thursday, August 28, 2025, at the same time and location. This invitation will also apply to the postponed meeting.