A notification was sent to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, informing him of a scheduled meeting of the Ajman Bank Board of Directors. The meeting is set for Tuesday, July 22, 2025, at 10:00 AM. The agenda includes ratifying the minutes of the previous board meeting, discussing and approving the financial statements for the second quarter of 2025, and following up on the bank's routine activities. The notification was signed by Badreldin Eltahir Elmogadam, the General Counsel and Board of Directors’ Secretary.

The document is a formal notification addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, from Badreldin Eltahir Elmogadam, the General Counsel and Board of Directors' Secretary. It informs the recipient that the Ajman Government's ownership percentage in Ajman Bank has increased from 28.4347% to 31.1477%.

Ajman Bank reported a profit before tax of AED 145 million for the first quarter of 2025, marking a 24% growth. The bank's net operating income increased by 2% to AED 199 million, supported by strong recoveries, cost rationalization, and enhanced efficiencies through digitization and automation. The bank's total assets rose to AED 25 billion, customer deposits increased to AED 21 billion, and total shareholder equity reached AED 3.1 billion. The capital adequacy ratio was 18.2%, with Tier 1 capital at 17.0%. Return on shareholder equity was 17.4%, and return on assets was 2.3%. The non-performing loan ratio improved to 9.7%. The board meeting, chaired by His Highness Sheikh Ammar bin Humaid Al Nuaimi, discussed various financial and administrative matters. Sheikh Ammar attributed the bank's strong performance to strategic initiatives and the resilience of the national economy.

Ajman Bank PJSC has released a review report and condensed consolidated interim financial information for the three-month period ending on March 31, 2025.

The Annual General Assembly meeting of Ajman Bank was held on February 27, 2025, both in person and electronically. The meeting resulted in several resolutions: approval of the Board of Directors' report, the external auditor's report, the Internal Shari’ah Supervisory Committee's report, and the bank's financial statements for the year ending December 31, 2024. Additionally, the assembly approved a cash dividend distribution of 7.25% of the capital, remuneration for the Board of Directors, and the discharge of liability for both the Board and external auditors for the financial year 2024. Deloitte was appointed as the external auditor for 2025. A special resolution was passed to establish a USD 1.5 billion Sukuk Issuance Programme, to be completed within a year, with specific conditions regarding the issuance of sukuk.

Ajman Bank's Board of Directors invites shareholders to the Annual General Meeting on February 27, 2025, at Ajman Saray Hotel, with options to attend in person or electronically. The agenda includes reviewing and approving reports from the Board, external auditors, and the Internal Shari’ah Supervisory Committee for the financial year ending December 31, 2024. Shareholders will discuss and approve the bank’s financial statements, a proposed cash dividend of 7.25% of the capital, and the remuneration for the Board of Directors. Other items include discharging the Board and auditors from liability, appointing committee members and auditors for 2025, and approving a USD 1.5 billion Sukuk Issuance Programme. Shareholders can participate remotely by registering in advance, and proxies are allowed under certain conditions. If the meeting lacks a quorum, a second meeting is scheduled for March 6, 2025. Shareholders registered by specific dates are eligible to vote and receive dividends. Financial documents are accessible via the Dubai Financial Market and Ajman Bank websites.

Ajman Bank PJSC has prepared its report and consolidated financial statements for the year ending on December 31, 2024. These audited financial statements are pending approval by the Central Bank of the UAE and adoption by shareholders at the Annual General Meeting.

Ajman Bank has reported its highest annual profits in its history, achieving AED 440 million, representing a growth of 213% compared to a net loss of AED 390 million in 2023. The bank's record-breaking performance includes a total operating income of AED 1.5 billion and net operating income of AED 736 million. The bank's return on shareholder equity reached 12.9%, and return on assets was 1.8%. Ajman Bank's strong financial results are backed by a healthy balance sheet, with total assets of AED 23 billion, customer deposits of AED 19 billion, and equity of AED 3.1 billion. Key financial ratios have improved significantly, including a reduction in the non-performing loan ratio from 13.8% to 9.9%, and the ECL coverage ratio has doubled. The bank has proposed a cash dividend of 7.25%.