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Bupa Arabia for Cooperative Insurance Co. announces on the settlement of zakat, income and withholding tax claim with the General Authority for Zakat and Tax

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Announcement Detail Bupa Arabia for cooperative Insurance Company announces that it has reached a final settlement agreement with the General Authority for Zakat and Tax for all assessed zakat and income/withholding tax differences for the years 2008 through 2016, and 2018. The total settled amount was SR 120,120,121. The settlement is not expected to have a material impact on the company’s financial results, as most of the assessed differences have been provided for earlier.

The Capital Market Authority and Saudi 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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