| Element List | Explanation |
|---|---|
| Introduction | Al Rajhi Bank Board of Directors, through circulation on 24/7/1447 corresponding to 13/1/2026, recommended to the Extraordinary General Assembly to increase the bank’s capital by granting bonus shares to the bank’s shareholders through capitalization of SAR 20,000 Million from the retained earnings by way of granting 1 share for every 2 shares owned |
| Date of Board Meeting | 2026-01-13 Corresponding to 1447-07-24 |
| Capital before increase | 40,000,000,000 |
| Capital after increase | 60,000,000,000 |
| Percentage of Capital increase | 50 % |
| Number of shares before Capital increase | 4000000000 |
| Number of shares after Capital increase | 6000000000 |
| Reasons for the increase | The recommendation is aimed to strengthen the Bank's financial position which contributes to achieving its strategic objectives. |
| Number of Shares Granted per Exiting Share | 1 bonus share for every 2 shares owned |
| Nature and Value of Reserves Used in the Capitalization | The increase will be through the capitalization of SAR 20,000 Million from Retained earnings. |
| Eligibility Date | The eligibility of the bonus shares shall be for shareholders owning shares by the end of trading day of the bank’s Extraordinary General Assembly meeting date (which will be announced later) and are registered at Securities Depository Center Company (Edaa) by the end of the second trading day following the Extraordinary General Assembly meeting date |
| Fractional Shares | In case of bonus shares fractions occurrence; the bank will collect all fractions in a single portfolio to be sold at market price, the value will be distributed to eligible shareholders each by their share during 30 days from the allocation of new shares to each shareholder |
| Approvals | The proposed grant is subject to obtaining necessary approvals from official authorities and Extraordinary General Assembly on the capital increase and number of granted shares. It should be noted that the Bank has obtained no-objection from the Saudi Central Bank on the capital increase. |