ACWA POWER Co. Announces the Deposit of the Proceeds Resulting from Selling Fractional Shares Following the increase of the Company’s Capital

ACWA POWER Co. Announces the Deposit of the Proceeds Resulting from Selling Fractional Shares Following the increase of the Company’s Capital

Element List

Explanation

Action Type

Increase

Introduction

ACWA POWER Co. announces the completion of the process of selling fractional shares and deposit of proceeds to eligible shareholders resulting from the increase in the company's capital as approved by the Extraordinary General Assembly held on 29/04/2024G

Fractional Shares Selling End Date

2024-05-07 Corresponding to 1445-10-28

Number of Sold Shares

6232

Fractional Shares Sales Revenue

2,474,569.52

Average Selling Price per share

397.76582

Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors

2024-05-29 Corresponding to 1445-11-21

Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue

ACWA Power has agreed with The Saudi National Bank to deposit the proceeds directly to the company's shareholders local bank accounts which are linked to their investment portfolios holding ACWA Power shares. In the event that an eligible shareholder has not received their payment, the shareholder can receive it directly from any Saudi National Bank branch or communicate with the ACWA Power Investor Relations at [email protected]

ACWA POWER Co. Announces the Deposit of the Proceeds Resulting from