The Saudi Capital Market Authority approved the request of Alinma Bank to increase its capital from 15 billion riyals to 20 billion riyals, by granting free shares for every 3 outstanding shares owned by shareholders Those registered in the issuer's shareholders ’register at the Deposit Center at the end of the second trading day following the due date, which the bank’s board of directors will determine its date at a later time.

According to the bank’s statement to the Saudi market (Tadawul), the value of the increase in the capital will be paid by transferring the amount of 3.423 billion riyals from the statutory reserve item and the amount of 1.577 billion riyals from The retained earnings item, thus increasing the number of shares from 1.5 billion shares to 2 billion shares, an increase of 500 million shares.

provided that the date of the extraordinary general assembly does not exceed six months from the date of this approval, and that the bank completes the relevant regulatory procedures and requirements.