Saudi Automotive Services Company (SASCO) announces the method of dividends distribution for the first half of 2022

Saudi Automotive Services Company (SASCO) announces the method of dividends distribution for the first half of 2022

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|Announcement Detail|| Reference to the company’s announcement at Tadawul website on September 5, 2022 which mentioned that SASCO's board of directors approved on September 4, 2022 to distribute dividends to shareholders for the first half of 2022 by (0.50 riyals each share) equivalent to 5% of the company's capital with a total amount of (30) million riyals, The entitlement would be for shareholders owning the shares on the date (Thursday, September 8, 2022) and registered in the company's shareholders register with the Securities Depository Center Company (Idaa) at the end of the second trading day following the maturity date.

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Saudi Automotive Services Company (SASCO) is pleased to announce to the shareholders of the company the commencement of the disbursement of cash dividends starting on Wednesday September 21, 2022 by Riyadh Bank, as follows:

1. Dividends deposited directly into the accounts of the shareholders with investment portfolios linked to a bank account with a local bank.

2. Pay the dividends directly by checking one of the Riyadh Bank branches for each of:

- Shareholders with investment portfolios not linked to bank accounts.

- Shareholders holding certificates (who do not have investment portfolios) according to the share certificate.

The company calls upon its shareholders to update their