| Element List | Explanation |
|---|---|
| Introduction | The Saudi Investment Bank announces the Board of Directors’ recommendation to the Extraordinary General Assembly for the capital increase by way of issuing bonus shares to the bank's shareholders by capitalizing part of the Statutory Reserve and Retained Earnings by way of granting one share for every five shares. |
| Date of Board Meeting | 2026-05-06 Corresponding to 1447-11-19 |
| Capital before increase | 12,500,000,000 SAR |
| Capital after increase | 15,000,000,000 SAR |
| Percentage of Capital increase | 20 % |
| Number of shares before Capital increase | 12500000000 |
| Number of shares after Capital increase | 15000000000 |
| Reasons for the increase | To support the Bank capital base which will increase the growth percentages and meet the future increases in the Bank activities |
| Number of Shares Granted per Exiting Share | one share for every five shares |
| Nature and Value of Reserves Used in the Capitalization | 1,500,000,000 SAR will be capitalized from the Statutory Reserve, and 1,000,000,000 SAR will be capitalized from Retained Earnings |
| Eligibility Date | The Shareholders registered in the Bank's Shareholders Register with the Securities Depository Center Company (Edaa) by the End of The Second trading Day following the date of extraordinary general assembly meeting, which will be scheduled later will be eligible for the bonus shares |
| Fractional Shares | In case of bonus shares fractions occurrence, then all fractions will be grouped into a single portfolio for all shareholders and sold at the market price and then distributed to the shareholders entitled to the grant each according to their share within 30 days of the date of the determination of the shares due 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. |