Page 18 - Q1 2024 EN

AL MAZAYA HOLDING COMPANY K.S.C.P. AND ITS SUBSIDIARIES
NOTES TO INTERIM CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
MARCH 31, 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,
March 31,2023 - 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 27, 2024 (Notes 3 and 15).

10. Treasury shares
December 31,
March 31, 2023 March 31,
2024 (Audited) 2023
Number of shares 26,407,224 17,641,197 3,929,600
Percentage of issued shares (%) 5.025 3.639 0.624
Market value (KD) 2,138,985 1,287,807 152,861
Cost (KD) 1,858,983 1,151,108 158,248

The Parent Company’s management has allotted an amount equal to treasury shares balance from retained earnings
as of March 31, 2024. Such amount will not be available for distribution during treasury shares holding period.

11. Basic and diluted earnings per share
The information necessary to calculate basic and diluted earnings per share based on the weighted average number
of shares outstanding during the period is as follows:
For the three months ended
March 31,
2024 2023
Profit for the period attributable to equity holders of the Parent Company from
Continuing operations 1,260,641 186,910
Profit for the period attributable to equity holders of the Parent Company from
Discontinued operations - 7,906
Profit for the period attributable to equity holders of the Parent Company 1,260,641 194,816

Number of shares outstanding:
Number of issued shares at beginning of the period 484,748,166 629,559,816
Weighted average number of shares of capital increase 17,491,289 -
Less: Weighted average number of treasury shares (24,503,506) (604,480)
Weighted average number of shares outstanding 477,735,949 628,955,336

Basic and diluted earnings per share attributable to shareholders of the
Parent Company from Continuing operations (fils) 2.64 0.30
Basic and diluted earnings per share attributable to shareholders of the Parent
Company from Discontinued operations (fils) - 0.01
Total basic and diluted earnings per share attributable to shareholders of the
Parent Company (fils) 2.64 0.31

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

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