In addition to the statement released by Alinma Tokio Marine Co. ("ATMC") on November 26, 1444 H, which corresponds to June 15, 2023 G, on the signing of a legally binding agreement to merge with the Arabian Shield Cooperative Insurance Company (Arabian Shield), The previous announcement stated that the merger transaction is subject to various conditions and approvals, including obtaining the approval of the Saudi Central Bank and others. The two companies agreed to take the necessary steps to complete the merger transaction between them in accordance with the provisions of the Companies Law and the Merger and Acquisition Regulations issued by the Capital Market Authority (the "Merger Transaction"). competent officials.
