The Board of Directors of Seef Properties B.S.C. resolved at its meeting held on 27 February 2022 to recommend the distribution of dividend for the year ended 31 December 2021 to the shareholders whose names are registered on the Company's register on the Record Date. This is subject to the approval of the Company's shareholders in the upcoming Annual General Meeting. The proposed distribution is as follows: Cash Dividend: 6% of share nominal value, equivalent to 6 Fils per share amounting to BD 2.76 million (Bahraini Dinars two million seven hundred and sixty thousand).

Cum-Dividend Date 30 March 2022 (Last day of trading with entitlement to dividends) Ex-Dividend Date 31 March 2022 (First day of trading without entitlement to dividends) Record Date: 3 April 2022. (The day on which all shareholders whose names are on the share register will be entitled to dividends) Payment Date: 17 April 2022. (The day on which the dividends will be paid to the entitled shareholders).