Jarir Marketing Co. announces that the Board of directors on his meeting 07-08-2018 has recommended to extraordinary general assembly meeting to increase the company's capital through bonus shares as following:

1.Company's capital before increase is SAR 900 Millions, company's capital after increase SAR 1,200 Millions, with an increase by 33.33%.

2.The number of shares before increasing 90 Millions shares, the number of shares after increasing 120 Millions shares.

3.Offering 1 bonus shares for every 3 shares owned.

4.The increasing will be doing through capitalization SAR 300 Millions from account will be through the capitalization of SAR 296.5 million from the statutory reserve and SAR 3.5 million from the retained earnings.

5.The company aimed from capital increasing to enhance the share capital so that it is commensurate with the size of the companys assets..

6.The bonus shares is limited to the shareholders who are registered in the shareholder's register in the Securities Depository Center (Tadawul) at the close of trading on the extraordinary general assembly day, which will be determined later by the company.

7.In cause have bonus shares fractions; the company will collect it in one portfolio then selling it during 30 days from finishing allocating the new shares.

The proposed increase in capital would be initiated only once necessary approvals are received from official authorities as well as from shareholders in extraordinary general assembly meeting.