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Element List	Explanation
Introduction	Riyad Bank announces the Board of Directors' resolution dated 14 Shaban 1447H corresponding to 2 February 2026, recommending to the Extraordinary General Assembly of the Bank to increase the Bank capital by capitalization from the Statuary reserve and retained earnings by way of granting one share for every three shares
Date of Board Meeting	2026-02-02 Corresponding to 1447-08-14
Capital before increase	SAR 30,000,000,000
Capital after increase	SAR 40,000,000,000
Percentage of Capital increase	33.33 %
Number of shares before Capital increase	3000000000
Number of shares after Capital increase	4000000000
Reasons for the increase	The increase in capital aims to enhance the Bank's financial solvency and retain its resources in operational activities which contributes to achieving its strategic objectives.
Number of Shares Granted per Exiting Share	One share for every three shares
Nature and Value of Reserves Used in the Capitalization	SAR 10,000 million will be capitalized from the statutory reserve and retained earnings in equal proportion.
Eligibility Date	Eligible Shareholders are Those Holding Shares in the Eligibility Date as per the Shareholders Registry at the Deposit Center at The End of The Second Working Day after Eligibility Date
Fractional Shares	In the event of fractional shares, the fractions will be collected in one portfolio for all shareholders and sold at the market price and then distributed to the shareholders entitled to the grant, each according to his share, within a period not exceeding 30 days from the date of determining the new shares due to each shareholder.
Approvals	The grant is conditional on obtaining the approval of the official authorities and the extraordinary general assembly on the increase in the capital and the number of shares granted. The Bank obtained no-objection from the Saudi Central Bank for the capital increase on 02/02/2026.

Riyad Bank Announces the Board’s Recommendation to Increase the Capital by Granting Bouns Shares