In reference to Solidarity Saudi Takaful Co. announcement on the Saudi Stock Exchange (Tadawul) website on 14/06/1442H corresponding to 27/01/2021G regarding the Company's EGM approval of the offer submitted by Aljazira Takaful Taawuni Co.  to merge Solidarity Saudi Takaful Co. with Aljazira Takaful Taawuni Co. through securities exchange offer, and in reference to Solidarity Saudi Takaful Co. announcement of the effective date of the merger starting from 15/07/1442H corresponding to 27/02/2021G.

The Saudi Stock Exchange (Tadawul) announces the trading suspension on Solidarity Saudi Takaful Co. shares in the Saudi Stock Exchange starting today Sunday 16/07/1442H corresponding to 28/02/2021G to commence delisting procedures of the Solidarity Saudi Takaful Co. shares. Furthermore, the Securities Depository Center (Edaa) will announce the implementation of the increase in the quantity of Aljazira Takaful Taawuni Co. shares and the deposit of the new shares in the Center’s Accounts of all eligible Solidarity Saudi Takaful Co. 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.