Etihad Etisalat Co. (Mobily) would like to note that the shares purchased and allocated to the Long-Term Incentive Program (LTIP) are not entitled to any cash dividends during the period they are held by the Company.
Mobily would like to draw the attention of non-resident shareholders that the dividends paid to them will be subject to a withholding tax of 5% upon transferring or crediting these dividends into their bank accounts, in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations.
The Company urges its esteemed shareholders to update their data and link their bank account numbers to their investment portfolios to ensure the timely receipt of their dividends.
