GFH Financial Group B.S.C.

GFH Financial Group announced the sale of 95,814,846 treasury shares, which represent 2.5% of its total issued shares, to Massarah Investment Company, a firm owned by the Al Mutlaq Family and based in Riyadh, Saudi Arabia. As a result of this transaction, the Group's total treasury shares will amount to 156,733,547, representing 4.09% of the total issued shares, after accounting for the bank's incentive program allocation. The announcement was made by Mariam Jowhary, Head of Compliance and Anti-Money Laundering.

GFH Financial Group B.S.C. announced the purchase of 2,095,936 treasury shares, increasing its total treasury shares from 346,267,303 (9.03% of total issued shares) to 348,363,239 (9.09% of total issued shares) as of March 21, 2025. The decision to purchase was made by the company's board of directors on March 24, 2024, and approved by the authority on February 16, 2025. The average purchase price was USD 0.31, and 34,896,144 shares remain available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

The GFH Financial Group B.S.C. held its Ordinary and Extraordinary General Meeting on March 20, 2025, at GFH House, Bahrain Financial Harbour. The meeting was chaired by Mr. Abdulmohsen Al Rashed and had a quorum of 46.42%. During the meeting, several agenda items were approved, including the minutes from the previous meeting on October 9, 2024, the Board of Directors' report, the Sharia Supervisory Board's report, the external auditor's report, and the consolidated financial statements for the year ending December 31, 2024. Additionally, the Board's recommendation for the allocation of the 2024 net profit was approved, which involves transferring $11,850,400 to the statutory reserve, allocating $1,500,000 to the Zakat Fund, distributing cash dividends of 6.2% of the nominal value of ordinary shares (excluding treasury shares) up to $61 million, and transferring approximately $44,153,600 as retained earnings for the next year.

GFH Financial Group B.S.C. announced that it has purchased 2,950,000 of its own shares, increasing its treasury shares from 343,317,303 (8.96% of total issued shares) to 346,267,303 (9.03% of total issued shares) as of March 20, 2025. The decision to purchase these shares was made during a board meeting on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The average purchase price was USD 0.31 per share, and the shares purchased represent 0.07% of the issued capital. There are 36,992,080 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

GFH Financial Group B.S.C. announced the purchase of 2,922,680 of its own shares, increasing its total treasury shares from 340,394,623, which represented 8.88% of the total issued shares, to 343,317,303, representing 8.96% as of March 19, 2025. The decision to purchase was made during a board meeting on March 24, 2024, and received regulatory approval on February 16, 2025. The average purchase price was USD 0.3157 per share, and the purchased shares represent 0.07% of the issued capital. There are 39,942,080 shares remaining for purchase. Mariam Jowhary, Head of Compliance & AML, is the contact person for this announcement.

On March 19, 2025, GFH Financial Group B.S.C. announced the appointment of Mr. Bhaskar Mehta, the Chief Risk Officer, as the Acting Chief Financial Officer. This appointment follows the departure of Mr. Surya Hariharan from the position of Group Chief Financial Officer. Mr. Mehta will serve as Acting CFO until a permanent replacement is found. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

GFH Financial Group B.S.C. announced the appointment of Mr. Pietro De Libero as the Board Secretary in addition to his responsibilities as the Chief Legal Officer.

On March 18, 2025, GFH Financial Group announced the purchase of 2,794,000 treasury shares, increasing its total treasury shares from 337,600,623 (8.81% of issued shares) to 340,394,623 (8.88% of issued shares). The decision to purchase was made by the company's board of directors on March 24, 2024, and received authority approval on February 16, 2025. The average purchase price was USD 0.3146 per share, and the purchased shares represent 0.07% of the issued capital. There are 42,864,760 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

GFH Financial Group announced that it has purchased 2,840,000 of its own treasury shares, increasing its total treasury shares from 334,760,623 (8.73% of total issued shares) to 337,600,623 (8.81% of total issued shares) as of March 17, 2025. The decision to purchase these shares was made at a board meeting on March 24, 2024, and approved by the relevant authority on February 16, 2025. The average purchase price was 0.3151 USD per share, representing 0.074% of the issued capital. There are 45,658,760 shares remaining for potential purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

GFH Financial Group B.S.C. announced that it has purchased 1,000,000 of its own treasury shares, increasing its total holding of treasury shares from 333,760,623 (8.71% of total issued shares) to 334,760,623 (8.73% of total issued shares) as of March 16, 2025. The decision to purchase was made during a board meeting on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The average purchase price was 0.3139 USD per share, and the shares purchased represent 0.026% of the issued capital. There are 48,498,760 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.