The Saudi National Bank Announces the Cash Dividends Distribution to the Shareholders for the First Half of 2022

The Saudi National Bank Announces the Cash Dividends Distribution to the Shareholders for the First Half of 2022

|Element List||Explanation|

|Introduction||The Saudi National Bank announces the Board of Directors resolution regarding distribution of cash dividends to the shareholders for the first half of 2022|

|Date of the board’s decision||2022-07-02 Corresponding to 1443-12-03|

|The Total amount distributed||SAR 4,925,800,000|

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

|Dividend per share||SAR 1.10 after deduction of Zakat|

|Percentage of Dividend to the Share Par Value (%)||11 %|

|Eligibility date||The Eligibility date shall be at the end of trading day 13/07/2022 Corresponding to 14/12/1443H for the shareholders registered in Depository Center (Edaa) at the end of the second trading day following the eligibility date.|

|Distribution Date||21/07/2022 Corresponding to 22/12/1443H|

|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 cash dividends without any delay.