The Board of Directors of Arab Banking Corporation (B.S.C.) resolved, at its meeting held on February 13, 2022, to recommend the distribution of 1% dividend or USD 0.01 for each outstanding share (net of treasury shares) for approximately a total of USD 31 million for the year ending 31 December 2021 to the shareholders whose names are registered on the company's register on the record date of March 28, 2022. This is subject to the approval of the company's shareholders on the upcoming Annual General Meeting. Payment date is April 11, 2022 and Ex-Dividend date is March 27, 2022.