The Saudi National Bank Announces the Board of Directors' Recommendation to Distribute Cash Dividends to Shareholders for the Second Half of 2021

The Saudi National Bank Announces the Board of Directors' Recommendation to Distribute Cash Dividends to Shareholders for the Second Half of 2021

|Element List||Explanation|

|Introduction||The Saudi National Bank announces the Board of Directors’ recommendation to distribute cash dividends to shareholders for the second half of the year 2021.|

|Date of the board’s decision||2022-01-26 Corresponding to 1443-06-23|

|The Total amount distributed||SAR 4,030,200,000|

|Number of Shares Eligible for Dividends||4,478,000,000 shares|

|Dividend per share||SAR 0.90 after Zakat deduction|

|Percentage of Dividend to the Share Par Value (%)||9 %|

|Eligibility date||The eligibility date of the dividends shall be at the end of trading day of the Bank’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 withholding tax of 5%, in accordance with the provisions of article (68) of the Income Tax Law and article (63) of its Implementing Regulations.

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The Bank would like to remind its shareholders to update their information and to link their bank account numbers to their investment portfolios to ensure the timely distribution of their