GFH Financial Group B.S.C

The GFH Financial Group held a Board of Directors meeting on November 13, 2023, at 2:00 pm Bahrain time. The agenda included discussion and resolution on the financial results for the third quarter of 2023, ending on September 30, 2023, and other internal matters. The financial results for the third quarter of 2023 are attached to the announcement.

On 9th November 2023, the GFH Financial Group B.S.C. announced that it is inviting its shareholders and investors to a webcast for the financial results of the third quarter of 2023, which ended on 30th September 2023. The webcast will be broadcasted as per the schedule provided. The webcast is scheduled for 14th November 2023, at 01:00 pm Kingdom of Bahrain time. The webcast can be accessed through the provided link. The announcement was made by Mariam Jowhary, the Head of Compliance & AML at GFH Financial Group B.S.C.

On 27th October 2023, GFH Financial Group issued a clarification regarding circulating news about its negotiations to acquire an educational group in the Arab Republic of Egypt. The company stated that its educational platform, Britus, is continuously seeking investment opportunities in the education sector across various countries. However, GFH emphasized that no final agreements have been signed to acquire educational institutions in Egypt at the present time. The financial impact of these negotiations cannot be assessed at the current stage.

The GFH Financial Group B.S.C. has confirmed that it is planning to list its shares on the Saudi stock market (Tadawul), a plan which was previously announced and approved by shareholders in April 2022. The group is currently working towards meeting the necessary regulatory requirements for the listing. The potential financial impact of this move cannot be assessed at this stage.

On 24th October 2023, GFH Financial Group B.S.C. announced that the company confirms the statements made by its CEO, Mr. Hisham Al-Rayes, regarding two acquisitions in the medical centers and logistics sectors. This information was shared during the 7th edition of the Future Investment Initiative (FII). The company expects these investments to have a positive impact on the group's financials and increase returns. Further details can be found in the attached release.