The Board of Directors of Bank ABC (Arab Banking Corporation B.S.C.) resolved, at its meeting held on 11 February 2024, to recommend the distribution of dividend for the year ending 31 December 2023 to the shareholders whose names are registered on the company's register on the Record Date. This is subject to the approval of the Bank's shareholders on the upcoming Annual General Meeting. The proposed distribution is as follow: Cash Dividend: 2.25% dividend or USD 0.0225 cents for each outstanding share (net of treasury shares) for approximately a total of USD 70 million.

General Meeting Date is 24 March 2024; Cum-Dividend Date is 25 March 2024; Ex-Dividend Date is 26 March 2024; Record Date is 27 March 2024; Payment Date is 10 April 2024.