Page 18 - Q3 2024 EN

AL MAZAYA HOLDING COMPANY K.S.C.P. AND ITS SUBSIDIARIES
NOTES TO INTERIM CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
SEPTEMBER 30, 2024
(All amounts are in Kuwaiti Dinars)

9. Share Capital
The authorized, issued and paid up capital consist of 525,561,174 shares (December 31,2023 – 484,748,166 shares,
September 30,2023 - 629,559,816 shares) with a nominal value of 100 fils each and all shares are in cash.

The Parent Company’s Extraordinary General Assembly, held on January 4, 2024, approved the capital increase of Al
Mazaya Holding Company K.S.C.P. from KD 48,474,817 to KD 52,556,117 by an amount of KD 4,081,300, Which was
notarized in the commercial register No. 75203 dated February 22, 2024 (Notes 3 and 15).

10. Treasury shares
December 31,
September 30, 2023 September 30,
2024 (Audited) 2023
Number of shares 28,007,941 17,641,197 12,855,998
Percentage of issued shares (%) 5.329 3.639 2.042
Market value (KD) 2,016,572 1,287,807 719,936
Cost (KD) 2,009,998 1,151,108 593,366

The Parent Company’s management has allotted an amount equal to treasury shares balance from retained earnings
as of September 30, 2024. Such amount will not be available for distribution during treasury shares holding period.

11. Basic and diluted earnings (loss) per share
The information necessary to calculate basic and diluted earnings (loss) per share based on the weighted average
number of shares outstanding during the period is as follows:

For the three months ended For the nine months ended
September 30, September 30,
2023 2023
2024 (Restated) 2024 (Restated)
Profit (loss) for the period attributable to equity holders
of the Parent Company from continuing operations 115,359 1,725,239 1,731,504 (514,134)
Loss for the period attributable to equity holders of the
Parent Company from discontinued operations - - - ) 22,585,383 (
Profit (loss) for the period attributable to equity holders
of the Parent Company 115,359 1,725,239 1,731,504 ) 23,099,517 (

Number of shares outstanding:
Number of issued shares at beginning of the period 525,561,174 629,559,816 484,748,166 629,559,816
Weighted average number of capital appreciation
shares - - 33,067,474 -
Less: Weighted average number of treasury shares (26,287,711) (15,187,293) (25,384,472) (8,920,488)
Weighted average number of shares outstanding 499,273,463 614,372,523 492,431,168 620,639,328

Basic and diluted earnings (loss) per share
attributable to equity holders of the Parent
Company from continuing operations (Fils) 0.23 2.81 3.52 (0.83)
Basic and diluted loss per share attributable to equity
holders of the Parent Company from discontinued
operations (Fils) - - - (36.39)
Total basic and diluted earnings (loss) per share
attributable to equity holders of the Parent
Company (Fils) 0.23 2.81 3.52 ) 37.22 (

Since there are no diluted instruments outstanding, basic and diluted earnings (loss) per share are identical.

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