Academy of Learning Company announces Board recommendation to distribute cash dividends of SAR 2 instead of SAR 1.5 to Shareholders for the second half of 2022. Percentage of Dividend to the Share Par Value (%) 20 %. The eligibility of Cash dividend will be to Shareholders who own the company shares on the Eligibility date and are enrolled in the Company's register at Securities Depository Center Company (Edaa) by the end of the second trading day of the day of the General Assembly of the company, which will be announced later.

The Academy of Learning Company has previously distributed net cash dividends of 9 million Saudi riyals for the first half of the fiscal year 2022 AD, at a rate of SAR 1.5 per share, which represents 15% of the nominal value of the share. For shareholders registered in the bank's records with the Securities Depository Center Company (Edaa) at the end of the second trading day following the maturity date 12 /02/1444 AH corresponding to 08/09/2022 AD. Thus, the total net profits distributed for the fiscal year ending on 31 /12 /2022 AD will amount to SAR 21 million, at SAR 3.5 per share, which represents 35% of the nominal value of the share.