Page 23 - SAMENA Trends - April-May 2021

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

MEMBERS NEWS

stc Sustainability Platform Wins the Excellence
Award At "The World Summit on The Information
Society (WSIS) Forum 2021

stc's sustainability platform project wins strategic role as the digital transformation financial KPIs, while adhering to the highest
the excellence certification at the "The enabler of the Kingdom and the region, stc professional and competitive standards
World Summit on the Information Society adopted the best responsible practices in the communications and information
( WSIS) Forum 2021" as one of the pilot in the field of sustainability to maximize technology sector, in line with the programs
projects for the "Ethical Dimensions of its economical, social and environmental and initiatives launched by the government
Information and Knowledge Societies positive impact. The digital sustainability in cooperation with its different partners, in
" category. The sustainability platform platform was launched with the aim of order to maximize the positive economic,
project won over 72 other global projects enhancing the components of the Saudi social and environmental impacts on
that were nominated for the award in the society by employing the profound society in alignment with the objectives of
360 project shortlist, proving that stc is the concept of sustainable development in all the Kingdom's Vision 2030" The platform
only company out of the participating local its business, and supporting its campaign also aims to offer its services to officially
telecommunications sector that could that targets harness its human, material registered non-profit organizations
receive the excellence certification on and technical potential to encourage (Sector III), by utilizing the skills of stc's
its digital platform project for the Ethical society to adopt a sustainability-based volunteering employees to address
Dimensions of Information and Knowledge lifestyle. "Through its programs, the the needs of the beneficiary charities.
Societies category. Stc's Compliance platform aims to support and empower Thirty days into its launch, the platform
with the criteria and conditions of the young people, qualify talents, enhance the registered 11 volunteering opportunities,
competition which emphasize the role of women and job opportunities in the 4 online knowledge sharing courses, and
importance of raising awareness of the telecommunications sector, in addition to promote 22 technical packages to
ethical dimension of using information to the expansion of objectives to include empower and support charities, receive
and communication technologies and more features such as the introduction and 22 volunteer hours from stc employees,
the commitment to preventive measures delivery of cooperative training programs, and register (45) charities and (16)
against the abuse of information and digital reporting, and automated data technical empowerment requests under
communication technologies. "Based on its collection units for sustainability and (8) running sustainability initiatives.

stc’s Net Income for Q1 of 2021 Compared to the Corresponding Quarter
Last Year Increased By 1.34%, and it Distributes SR 1 Per Share Dividends
for the 1st Quarter

stc announced the company’s increase of 12.63% compared to the corresponding quarter last year.
preliminary financial results for the the corresponding quarter last year. • Operating Profit for the 1st quarter
period ending at 31 March 2021: • Gross Profit for the for the 1st reached to SR 3,482m with an
• Revenues for the 1st quarter quarter reached to SR 8,557m with increase of 15.91% compared to
reached SR 15,695m with an an increase of 4.40% compared to the corresponding quarter last year.

23 APRIL-MAY 2021