| Element List | Explanation |
|---|---|
| Introduction | With reference to the ACWA Power Company (the "Company") announcement published on the Saudi Stock Exchange (Tadawul) website on 08/12/1446H (corresponding to 04/06/2025G) in relation to inviting the shareholders to attend the extraordinary general assembly meeting which includes increasing the Company’s capital through offering rights issue shares and the publication of the rights issue prospectus, the Company is pleased to announce the details related to the number of new shares, offer price and the resulting share capital increase. |
| Previous Announcement | ACWA Power Company invites its shareholders to attend the Extraordinary General Assembly Meeting which includes the Capital Increase (First Meeting) by Means of Modern Technology. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-06-04 Corresponding to 1446-12-08 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | Details related to the number of new shares, offer price and the resulting share capital increase have been determined, as per the following: • Offering Price: SAR 210 per share. • Number of New Shares: 33,928,570 Shares. • Issuer's Pre-Offering Capital: SAR 7,325,619,280 • Total Number of the Issuer's Pre-Offering Shares: 732,561,928 Shares. • Issuer's Post- Offering Capital: SAR 7,664,904,980. • Total Number of the Issuer's Shares Post- Offering: 766,490,498 Shares. • Nominal Value per Share: SAR 10. • Percentage of Shares Offered to the Issuer's Existing Capital: 4.63% • Total Value of the Offering: SAR 7,124,999,700. • Reason for the Capital Increase: To allow ACWA Power to anchor its growth strategy of tripling the assets under management by 2030 and enhance its financial position. • Eligibility Date: Eligibility will be for shareholders who own shares at the end of the trading on the day of the extraordinary general assembly and those registered in the Company’s shareholders’ register in the Depositary Center at the end of the second trading day following the date of the extraordinary general assembly. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
| Additional Information | The Company will announce any material developments in due course. |
