| Introduction | With reference to the announcement of The Mediterranean and Gulf Insurance and Reinsurance Company (the “Company” or “MEDGULF”) on [08/05/1447H (corresponding to 30/10/2025G)] regarding the Effectiveness of the Merger Resolution, MEDGULF is pleased to announce the deposit of the proceeds of the fraction shares resulting from the Merger to Buruj’s entitled shareholders, as set out in the Offer Document published by MEDGULF on 06/04/1447H (corresponding to 28/09/2025G) |
| Share’s Fractions Sale Completion Date | 2025-10-30 Corresponding to 1447-05-08 |
| Number of Sold Shares | 7011 |
| Share’s Fractions Selling Returned Amount | 105,472.19 |
| Average Selling Price per share | 15.0438 |
| Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | 2025-11-23 Corresponding to 1447-06-02 |
| Name and Contact Method of Responsible Entity Distributing The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | The proceeds of fraction shares sale will be deposited in the bank accounts of Entitled Shareholders which is linked to their portfolios. In case you did not receive the proceeds after the deposit date, or for any other questions about the fraction sale process, please contact Investor relations at email ir@medgulf.com.sa |