Imposition of a Penalty on Al Rajhi Bank

The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 20,000 (Twenty Thousand Saudi Riyals) on Al Rajhi Bank due to its violation of clause (A) of Article (34) of the Listing Rules as it presented incorrect data on the electronic discloser form number (5). A penalty of SR 20,000 (Twenty Thousand Saudi Riyals) on the bank was also imposed due to its violation of the instructions mentioned in the electronic disclosure form number (5) which was approved by CMA’s Board resolution numbered (1-39-2012) and dated 10/2/1434H corresponding to 23/12/2012. The bank did not update the electronic disclosure form number (5) once the change happened.