Saudi Telecom Company (stc) announces the interim dividends for the 1st quarter 2022

Saudi Telecom Company (stc) announces the interim dividends for the 1st quarter 2022

|Element List||Explanation|

|Introduction||In accordance with the approved dividend policy for three years starting from the 4th quarter 2021, which was announced on 27 September 2021, and has been ratified during the Ordinary General Assembly Meeting on November 30th 2021, stc will distribute interim dividends to the shareholders for the 1st quarter 2022.|

|Date of the board’s decision||2021-09-27 Corresponding to 1443-02-20|

|The Total amount distributed||SAR 1,997.1 million|

|Number of Shares Eligible for Dividends||1,997.1 million shares|

|Dividend per share||SAR 1|

|Percentage of Dividend to the Share Par Value (%)||10 %|

|Eligibility date||The eligibility of dividends shall be for the shareholders at the close of trading on Wednesday 11-05-2022 and as per the registered shareholders in the register of The Securities Depository Center Company at the end of the 2nd trading day following the eligibility date.|

|Distribution Date||Dividend distribution date will be on Tuesday 31-05-2022.|

|Additional Information|| The total number of Treasury shares related to the Employees Stock Incentives Plan stood at 2,850,655 shares at the end of the first quarter 2022 and those shares are not entitled for any dividends distribution.

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The distribution will be through Riyad Bank by direct bank transfer to shareholders bank accounts linked to their portfolios. stc urges its shareholders to update their data and to make sure