|Introduction||Al-Khaleej Training and Education Company announces the recommendation of the Board of Directors to the General Assembly of shareholders not to distribute cash dividends to shareholders for the fiscal year 2021|
|Date of the board’s decision||2022-03-28 Corresponding to 1443-08-25|
|Reasons for Not Recommending Distribution||The reason for the recommendation not to distribute cash dividends to shareholders for the fiscal year 2021 is to focus on acquisitions and expansions in the education sector and to provide the necessary funding for them and to support the company’s financial position.|
|Approvals||The Board’s recommendation not to distribute cash dividends for the fiscal year 2021 will be presented to the next Ordinary General Assembly for a vote.|
|Additional Information||In the event of any inquiries, we hope to contact the Shareholder Relations Department on the phone number 0114623260|
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