Ithmaar Holding B.S.C — Earnings Release 2021

Feb 15, 2022

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Preliminary Results of Public Joint Shareholders Company (Final Result Brief for the year ended 31 December 2021)

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First - General Information:

Name of the company: Ithmaar Holding B.S.C.

date Establishment: 13 August 1984

Paid up capital: 3,030,755,027 shares at $0.25 per share amounting to $757,688,757 (AED 2,782,687,729)

Subscribed capital: 3,030,755,027 shares at $0.25 per share amounting to $757,688,757 (AED 2,782,687,729)

Authorized capital: 8,000,000,000 shares at $0.25 per share amounting to $2,000,000,000 (AED 7,345,200,000)

Chairman of the Board: HRH Prince Amr Mohammed Al Faisal

Group Chief Executive Officer: Ahmed Abdul Rahim

Name of the external auditor: PricewaterhouseCoopers ME Limited

Mailing address: Seef Tower, Building 2080, Road 2825, Al Seef District 428, P.O. Box 2820, Manama, Kingdom of Bahrain

Tel: +973 1758 4000

Fax: +973 1758 4017

E – mail: info@ithmaarholding.com

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- Second Preliminary Results (000 AED) :

1-Total Assets 2- Shareholders Equity 3- Total Income 4- Net Operating income 5- Net profit for the year 6- Earnings per share (fils)	2021 33,173,821 138,685 1,689,069 1,130,092 221,546 4.88	2020 30,791,525 54,218 1,709,821 989,012 (78,888) (5.25)

7-Summary of the company’s performance for the last fiscal year.

Total net profit for the year ended 31 December 2021 was AED221.5 million compared to the net loss of AED78.9 million reported for 2020. The increase is mainly due to the growth in core income.

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Authorized Sameh Mohamed Fadhel Mahmandar signatory Signature and Date 14 February 2022 Company’s Seal

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