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Element List	Explanation
Announcement Detail	Al Etihad Cooperative Insurance Company announces its Board of Directors’ recommendation dated 28 Shawwal 1447 corresponding to 16 April 2026 to the General Assembly to use the balance of Statutory reserve amounted to SAR 41,362 thousands to offset part of Company's Accumulated Losses amounted to SAR 162,072 thousands, which represent (32.4%) of Company's capital as per the financial statements for the year ended 31 December 2025. The recommendation will be submitted to the company’s General Assembly for approval after obtaining the required approvals from the relevant regulatory authorities. The Company will announce any major development in this regard in due course.

Element List

Explanation

Announcement Detail

Al Etihad Cooperative Insurance Company announces its Board of Directors’ recommendation dated 28 Shawwal 1447 corresponding to 16 April 2026 to the General Assembly to use the balance of Statutory reserve amounted to SAR 41,362 thousands to offset part of Company's Accumulated Losses amounted to SAR 162,072 thousands, which represent (32.4%) of Company's capital as per the financial statements for the year ended 31 December 2025.

The recommendation will be submitted to the company’s General Assembly for approval after obtaining the required approvals from the relevant regulatory authorities. The Company will announce any major development in this regard in due course.

Al Etihad Cooperative Insurance Company announces the Board of Directors’ Recommendation to the General Assembly to approve using the company's statutory reserve balance to offset part of its accumulated losses