The distribution will be through Riyad Bank by direct bank transfer to shareholders bank accounts linked to their portfolios. stc urges its shareholders to update their data and to make sure to link their bank accounts numbers to their investment portfolios to ensure the receipt of their cash dividends.

We would like to draw the attention to the following regulation regarding the payment of dividends: for foreign non-resident investors, the dividends paid by the company is subject to a withholding tax of 5% upon transfer to the non-resident investors or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations.

For stc’s shareholders who did not receive their dividends for previous period, stc Investor Relations application or below link will enable stc’s shareholders to inquire about their uncollected dividends. If the application or the below link shows there is uncollected dividends, the shareholder is required to visit any branch of Riyad Bank for collection:

https://www.stc.com/content/stcgroupwebsite/sa/en/investors/dividents/divident-payment-inquires.html

For any inquiry, shareholders can contact Investor Relations Sector, Shareholders affairs department, Tel. 8001161100, E-mail [email protected] or to write to the following address: Saudi Telecom Co., Investor Relations Sector, Shareholders affairs department, P. O. Box 87912 Riyadh 11652.