| Element List | Explanation |
|---|---|
| Introduction | Hawyia Auctions Co. announces the Board of Directors recommendation to distribute cash dividends to shareholders for the fiscal year 2025. |
| Date of the board’s recommendation | 2026-03-10 Corresponding to 1447-09-21 |
| The Total amount distributed | 10,000,000 SAR |
| Number of Shares Eligible for Dividends | 20 million shares |
| Dividend per share | SAR 0.50 per share |
| Percentage of Dividend to the Share Par Value (%) | 50 |
| Eligibility date | The eligibility for cash dividends shall be for shareholders who own the Company's shares and are registered in the shareholder register at the Securities Depository Center (Edaa) at the end of the second trading day following the General Assembly meeting date, which will be announced later upon obtaining the necessary regulatory approvals. |
| Distribution Date | The distribution date will be announced later. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | N/A |
| Additional Information | The Company would like to inform its shareholders that cash dividends will be distributed through the Securities Depository Center (Edaa). The dividends will be transferred directly to the shareholders' investment accounts. Therefore, shareholders are kindly requested to ensure their bank accounts are updated to guarantee the direct deposit of their dividends. 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 its Implementing Regulations. We are pleased to receive your inquiries or comments by contacting our Investor Relations Department through: Tel: 0114607770 E-mail: a.bagunaid@hawyia.sa |