| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement of Allied Cooperative Insurance Group Company (the "Company") published on the Tadawul website on 10/08/1447H (corresponding to 29/01/2026G) regarding the signing of a subscription agreement with Diar Al Arabia Investment Company (the "Subscriber") on 10/08/1447H (corresponding to 29/01/2026G), according to which the Company will increase its capital from (291,000,000) Saudi Riyals to (300,000,000) Saudi Riyals with the suspension of preemptive rights, by issuing (900,000) new ordinary shares (the "New Shares"), representing (3.09%) of the Company's current capital, which will be fully subscribed by the Subscriber, resulting in the Subscriber owning (3%) of the Company's capital after the capital increase, subject to the approval of the Capital Market Authority (the “Authority”) and the Extraordinary General Assembly. With reference also to the Company's announcement published on the Tadawul website on 02/02/1447H (corresponding to 27/07/2025G) regarding the Board of Directors’ recommendation to increase the capital with suspension of preemptive rights, and the announcement published on 13/08/1447H (corresponding to 01/02/2026G) regarding the update of this recommendation, and whereas the approval of the Insurance Authority was obtained on 04/03/1447H (corresponding to 27/08/2025G) for the capital increase, the Company hereby announces submitting an application for capital increase through offering shares with suspension of preemptive rights to the Authority on 24/08/1447H (corresponding to 12/02/2026G). |
| Date of Submitting the Application File to CMA | 2026-02-12 Corresponding to 1447-08-24 |
| Application Subject | An increase of the capital from (291,000,000) Saudi Riyals to (300,000,000) Saudi Riyals by issuing (900,000) new ordinary shares, with the suspension of preemptive rights. |
| Date of Announcing Board Recommendation to Increase the Company’s Capital by offering shares with suspension of Rights Issue Shares on Saudi Exchange’s Website | 2025-07-27 Corresponding to 1447-02-02 |
| Additional Information | The Company will announce any developments in regard to the application. |