Dear respected Shareholders of Al Mal Capital PSC (the “Company”),

Kindly note that the Company has published a press release announcing the opening of nominations for membership in the Board of Directors on the 4^th of April 2024.

The nomination period has ended on the 15^th of April 2024. We would like to inform our Shareholders that the Company received 7 applications from the following applicants whose names are listed below:

1. Mr. Khalid Bin Kalban
2. Mr. Naser Al Nabulsi
3. H.E. Ahmad Al Darmaki
4. Mr. Abdulaziz Al Serkal
5. Mr. Ali Al Fardan
6. Mr. Mohammed Alketbi
7. Mr. Mushtaq Masood

We would like to inform you that the Shareholders at the Annual General Assembly Meeting scheduled to be held on the 29^th of April 2024 shall deliberate on the approval of election of the Board of Directors for a term of three years starting from the 29^th of April 2024.