ESHRAQ INVESTMENTS P.J.S.C

The text is a clarifying disclosure from Eshraq Investments PJSC, based on the requirements of Clauses (1) & (2) of Article (40) of the Governance Guide for Public Joint-Stock Companies. It states that shareholders with the right to attend the general assembly can delegate someone who is not a board member or company employee to attend and vote on their behalf. However, a delegate cannot hold more than 5% of the company's issued capital. The signature on the power of attorney should be approved by a notary public, a commercial chamber, a bank or a company licensed in the state, or any other licensed entity.

The Board of Directors of Eshraq Investments PJSC has invited its shareholders to a General Meeting on February 1, 2024. The meeting will be held in person at the company's headquarters in Abu Dhabi or virtually via www.smartagm.ae. The agenda includes two special resolutions: one to cancel the company’s share buyback program approved on August 1, 2022, and approved by Abu Dhabi Securities Exchange on October 18, 2023; and the second to reduce the company’s share capital by AED 135,147,111 through the cancellation of treasury shares amounting to 135,147,111 shares.

Eshraq Investments PJSC has purchased 150,000 shares as part of its Abu Dhabi Securities Exchange (ADX) approved buy-back program. The decision for the buy-back was made by the company's board of directors on 18/10/2023 and approved by ADX on 24/10/2023. The company was allowed to purchase up to 10% of its total subscribed shares. After the current purchase, the company holds 4.79% of its shares as treasury shares. The remaining unpurchased shares as per the Securities and Commodities Authority (SCA) approval are 146,896,196 shares. The shares were purchased at a price of 0.4450 fils per share on 03/01/2024, with ADIB Securities executing the transactions.

Eshraq Investments PJSC has bought back 30,000 of its shares as part of the Abu Dhabi Securities Exchange (ADX) approved buy-back program, according to a report dated 02/01/2024. The buy-back was decided by the company's Board of Directors on 18/10/2023 and ADX approved the extension of the buy-back on 24/10/2023. The shares were purchased at a price of 0.4460 fils per share, with FAB Securities executing the transactions. After the current purchase, the company holds 4.79% of its shares as treasury shares. There are still 147,046,196 shares unpurchased as per the Securities and Commodities Authority (SCA) approval.

Eshraq Investments PJSC has issued a report detailing their recent share buy-back program approved by the Abu Dhabi Securities Exchange (ADX). The Board of Directors decided on the buy-back on 18/10/2023 and received approval to extend the buy-back on 24/10/2023. The company was approved to purchase 10% of the total subscribed shares. As of 29/12/2023, they have purchased 105,000 shares at a price of 0.4361 fils per share, with FAB Securities executing the transactions. There are still 147,076,196 unpurchased shares as per SCA approval. After the current purchase, the company holds 4.79% of Treasury Shares.

Eshraq Investments PJSC issued a report stating that it has purchased 115,000 shares as part of its Abu Dhabi Securities Exchange approved buy-back program. This decision was made by the board of directors on October 18, 2023, and approved by ADX on October 24, 2023. The shares represent 10% of the total subscribed shares. The transactions were executed by FAB Securities at a purchase price of 0.4188 fils per share. After this purchase, the company holds 4.78% of its shares as treasury shares. There are still 147,181,196 shares unpurchased according to SCA approval.

Eshraq Investments PJSC has purchased 90,000 shares as per the Abu Dhabi Securities Exchange (ADX) approved Buy-back program. The decision for the buy-back was made on 18/10/2023 and approved by ADX on 24/10/2023. The shares represent 10% of the total subscribed shares, purchased at a price of 0.4125 fils each. The transactions were executed by FAB Securities. After the current purchase, the company holds 4.78% of Treasury Shares. The number of unpurchased shares as per SCA approval stands at 147,296,196.

On 27/12/2023, Eshraq Investments PJSC held a board meeting with all five board members present. The meeting approved the minutes of the previous board meeting held on 09/11/2023, the budget for the financial years 2024 and 2025, and decisions concerning internal administrative and organizational matters. It was also decided to call for a General Assembly as soon as possible, subject to regulatory approval, to consider the company's share buyback program.

Eshraq Investments PJSC has released a report on its share buy-back program approved by the Abu Dhabi Securities Exchange (ADX). The company's board decided on the buy-back on 18/10/2023 and received approval to extend the buy-back on 24/10/2023. The company was approved to purchase 10% of its total subscribed shares. So far, Eshraq has purchased 100,000 shares at 0.4105 fils each on 26/12/2023, executed by FAB Securities. There are still 147,386,196 shares unpurchased as per SCA approval. After the current purchase, the company holds 4.77% of treasury shares.

Eshraq Investments PJSC has released a report detailing its recent share buy-back activity. The report, dated 25/12/2023, states that the company has purchased 240,000 shares on the Abu Dhabi Securities Exchange at a price of 0.4088 fils per share. This activity was approved by the ADX on 24/10/2023, following a decision by Eshraq's Board of Directors on 18/10/2023. The total percentage of shares approved for purchase out of the total subscribed shares was 10%. Following this transaction, the company holds 4.77% of its shares as treasury shares. The remaining number of unpurchased shares, as approved by the SCA, is 147,486,196. The transactions were executed by FAB Securities.