The Board of Directors of Seef Properties B.S.C. resolved at its meeting held on 22 February 2023 to recommend the distribution of dividend for the year ended 31 December 2022 to the shareholders whose names are registered on the Company's register on the record date on April 2, 2023. This is subject to the approval of the Company's shareholders in the upcoming Annual General Meeting to be held on March 28, 2023. The proposed distribution is as follows: Cash dividend: 8% of share nominal value, equivalent to 8 fils per share amounting to BHD 3.68 million.

Ex-dividend date is March 30, 2023. Payment date is April 16, 2023.