In reference to MetLife AIG ANB Cooperative Insurance company’s announcement on the Saudi Stock Exchange (Tadawul) website on 03/06/1441H corresponding to 28/01/2020G regarding the Company's EGM approval of the offer submitted by Walaa Cooperative Insurance Co. to merge  MetLife AIG ANB Cooperative Insurance Co. with  Walaa Cooperative Insurance Co. through securities exchange offer, and in reference to MetLife AIG ANB Cooperative Insurance Company’s announcement of the effective date of the merger starting from 06/07/1441H corresponding to 01/03/2020G.

The Saudi Stock Exchange (Tadawul) announces the trading suspension on MetLife AIG ANB Cooperative Insurance Company’s shares in the Saudi Stock Exchange starting today Sunday 06/07/1441H corresponding to 01/03/2020G to commence delisting procedures of the MetLife AIG ANB Cooperative Insurance Company’s shares. Furthermore, the Securities Depository Center (Edaa) will announce the implementation of the increase in the quantity of Walaa Cooperative Insurance Company’s shares and the deposit of the new shares in the Center’s Accounts of all eligible MetLife AIG ANB Cooperative Insurance Company shareholders after two business days from the effective date of the merger and up to 6 business days as per The Exchange and Center Procedures.