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Saudi Arabian Mining Company (Ma'aden) Announces Non-distribution of Cash Dividends to Shareholders for the year ended in 31 December 2020

Element ListExplanation
Date of the board’s decision 2021-02-02 Corresponding to 1442-06-20
Reasons for Not Recommending Distribution The Board decision is based on cash requirement for the Company’s current and future projects.
Approvals The Board recommendation not to distribute dividends for the year 2020 shall be submitted to the next General Assembly Meeting for endorsement.

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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