Arab National Bank (ANB) announces the renewal of the directors and officers liability policy with an insurance coverage of SR 200,000,000 with a total annual premium of SR 370,000 in favor of Metlife-AIG-ANB Cooperative Insurance Company, the proposal has been accepted on 27/09/1439 H, corresponding to 11/06/2018. The duration of the policy is one year with effect from 01/07/2018 and renewable based on mutual agreement thereafter. The Board members Robert Eid and Nizar Al Twaijri have direct interest in the policy as they are representatives of Arab National Bank on the Board of Directors of Metlife AIG ANB Cooperative Insurance Company. The Bank hereby confirms that no preferential treatment was given on this policy and it is within the usual business activity of the Bank. This policy has been approved as part of the related party transactions by the Extraordinary General Assembly held on 02 April 2018.