The board of directorsof Alwasail Industrial Company recommended to distribute cash dividends in the amount of SAR 12,500,000 to shareholders for the fiscal year ended December 31, 2021, SAR 0.50 per share, which represents 5% of the total capital, provided that the eligibility is for the shareholders who own the shares at the end of trading day of the general assembly meeting for those registered in the company's shareholders registing with the Securities Depository Center (Edaa) at the end of the second trading day following the due date, provided that the dividend distribution date will be announced later, at its AGM, to be held on May 17, 2022.