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Al Rajhi Bank announces the distribution of cash dividend for annual year 2020

Element ListExplanation
Introduction Al Rajhi Bank announces the BOD’s recommendation to distribute dividends to shareholders for the year 2020
Date of the board’s decision 2021-02-28 Corresponding to 1442-07-16
The Total amount distributed SAR 2,500 Millions
Number of Shares Eligible for Dividends 2,500,000,000 shares
Dividend per share SAR 1.00 after deduction of Zakat
Percentage of Dividend to the Share Par Value (%) 10 %
Eligibility date The eligibility of the dividends shall be at the end of trading day of ARB’s General Assembly meeting day (which will be announced at a later date) for the shareholders registered in Depository Center at the end of the second trading day following the General Assembly Meeting date
Distribution Date Details of dividends distribution dates and process will be announced later
Additional Information 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 (when transferred or credited to the bank account) withholding tax of 5%, in accordance with the provisions of article 68 of the income tax law and article 63 of its implementing regulation.

Shareholders who have not received their dividends for previous periods or whose share certificates were not deposited in their investment portfolios, a name search tool has been added in the Banks website under the link:

https://www.alrajhibank.com.sa/en/alrajhi-group/investor-relations/dividends/unclaimed-dividends

In case of any shareholder finds his name in these lists, you are kindly requested to contact Shareholders Affairs

At 011 828 2515

P.O. Box 28 Riyadh 11411

or through email: shareholders@alrajhibank.com.sa

To verify data and take necessary actions to pay the cash dividend.

Best Regards,

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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