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Completion of the sale of all shares of Specialty in the Equipment Holding Company
14 October 2024

We would like to inform you that Specialty Group Holding Company has completed the sale of 16,000,000 shares, representing 20% ​​of the capital of the Equipment Holding Company (the entire Specialty share in the Equipment Company) through the implementation of an agreed-upon deal with Capital Bridge Company to sell the shares, at a selling price of 30 fils per share, for a total amount of  KWD 480,000 (four hundred and eighty thousand Kuwaiti dinars). The financial statements for the third quarter of 2024 will reflect an estimated 138,660 KWD (one hundred and thirty-eight thousand and six hundred and sixty Kuwaiti dinars) as a loss resulting from the sale.

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