The Board of Directors of Chubb Arabia Cooperative Insurance Company has recommended, on March 25, 2020, the distribution of dividends to the shareholders for the 2019 financial year. Dividend per share is SAR 0.5. Total Amount of Dividend Distributed is SAR 10,000,000. The dividend distribution date will be confirmed after the approval of the General Assembly and the relevant regulatory approval. The Company would also like to draw its shareholders' attention to the following regulation regarding the payment of dividends: For foreign non-resident investors the dividend paid by the Company is subject to a withholding tax of 5.0% upon transfer to the non-resident investor or credit to its account according to the provisions of Article 68 of the Saudi Arabia Income Tax Law and Article 63 of the Implementing Regulations of the Saudi Arabia Income Tax Law.