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Mobile Telecommunication Company Saudi Arabia "Zain KSA" announces the board of director’s recommendation to distribute cash dividends for the fiscal year 2024

Element ListExplanation
Introduction Mobile Telecommunication Company Saudi Arabia "Zain KSA" announces the Board of Directors’ recommendation to distribute cash dividends to shareholders for the fiscal year 2024
Date of the board’s recommendation 2025-02-17 Corresponding to 1446-08-18
The Total amount distributed 449.365 million SAR
Number of Shares Eligible for Dividends 898.729 million shares
Dividend per share SAR 0.5
Percentage of Dividend to the Share Par Value (%) 5
Eligibility date The eligibility of Cash dividends will be to Shareholders who own the company shares on the Eligibility date and are enrolled in the Company's register at Securities Depository Center Company (Edaa) by the end of the second trading day of the day of the General Assembly of the company, which will be announced later.
Distribution Date Distribution date will be announced later after the approval of the General Assembly.
The name of other official authorities and the details of their non-refusal to the recommendation or decision N/A
Additional Information The company urges our respected shareholders to update their banking information to ensure the deposit of the cash dividends directly into their accounts.

In addition, we would like to draw the attention of the non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject to a withholding tax of 5% according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations.

We are pleased to receive the questions and inquiries of our valued shareholders through the following means of communication:

Investors Relations Department via direct call: +966-592448888

E-mailed to investor.relations@sa.zain.com