The board of directors of Inovest B.S.C. resolved, at its meeting held on 20 Feb. 2024, to recommend the distribution of dividend for the year ended 31 December 2023 to the shareholders whose names are registered on the company's register on the Record Date. This is subject to the approval of the company's shareholders on the upcoming Annual General Meeting, and the Central Bank of Bahrain.

The proposed distribution is as follow: a) Cash Dividend: 3% of share nominal value, equivalent to USD Cents 1.2 per share amounting to USD 3,610,041 (The proposed annual cash dividend includes 0% declared and paid to the shareholders as interim dividend). Ex-dividend date is 24 March 2024. Record date is 25 March 2024.

Payment date is 4 April 2024.