Banque Saudi Fransi announces the distribution of dividend for the First Half of 2017

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The Board of Directors of Banque Saudi Fransi has recommended on 15/10/1438H corresponding to 09/07/2017 by deliberation the distribution of cash dividends to the shareholders for the first half 2017 as follows:

1. Total dividends distribution amount : SAR 1,259.3 Million

2. Dividends per share : SAR 1.05

3. Dividends represent 10.5% of the nominal share value

4. Number of shares eligible for dividends : 1,199,357,167 shares

5. The eligibility of dividends shall be for the shareholders owning shares on the due of 22/10/1438H as per Umm AlQuara corresponding to 16/07/2017 and those shareholders registered in the Banks share registry at the Securities Depository Center Company (Depository Center) at the end of the second trading day following the due date 24/10/1438H as per Umm AlQuara corresponding to 18/07/2017

6. Date of dividends payment : 04/11/1438H corresponding to 27/07/2017

We would like to draw the attention of the non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject (when transferred or credited to his bank account) to a tax deduction of 5%, in accordance with the provisions of article 68 of the income tax law and article 63 of its by-laws.

In pursuance of what was announced regarding the necessity of depositing all of the certificates in an investment portfolios linked with investment account , Banque Saudi Fransi urges its honored shareholders who own shares under certificates to deposit them immediately in the investment portfolios linked with investment account. This shall be done by filling up the application form of depositing certificates in portfolio that can be obtained from the Security Depository Center Company (Depository Center) , Riyadh , King Fahad Rd , Al Tuwaniyeh Towers .

Should you have any queries , please contact us on : 011/2891084 or 011/2891136 - Mob 0503164435, or sending a letter by Fax No. 011/4037261 or registered mail on the Bank address - Investors Relationships Division – SEG - P.O. Box 56006 , Riyadh 11554.