DISCLOSURE AND TRANSPARENCY - Sharq Investment

Disclosure of Material Information:

The Company applies disclosure and transparency of material information to be disclosed to shareholders and stakeholders under an updated immediate disclosure record available on the website and a hard copy at the Company’s headquarters that can be view.

Disclosure of Major Shareholders:

Shareholder Name	Ownership over 5%
Altafawk Holding Company	43%
Al Zumorroda Holding Company	13%
United Medical Services Co.	7 %

Disclosures Logs

2023 Disclosures Log

Statement and Details of Disclosure	Disclosure Time	Disclosure date	Meeting minutes No.	Disclosure No.	No.
Disclosure of the organization chart and all committees from the Board of Directors and all divisions of the company as January 2023	04:35 PM	31/01/2023	01/2023	01/2023	1
Disclosure of the integrated report for the year 2023	04:35 PM	31/01/2023	01/2023	02/2023	2
Disclosure of Consolidated and Audited Financial Statements year ended 31-12-2022	02:05 PM	09/02/2023	02/2023	03/2023	3
Disclosure of the impact of events resulting from the spread of the novel coronavirus on the financial statements for the fourth quarter of 2022.	02:05 PM	09/02/2023	02/2023	04/2023	4
Disclosure of the company’s organizational structure chart, board committees and all company departments as of February.	03:05 PM	15/02/2023	03/2023	05/2023	5
Disclosure of updating the list of insiders in the company, as it is on the company’s website.	03:10 PM	28/02/2023	04/2023	06/2023	6
Disclosure of the purchase of a commercial complex located in Hawally for an amount of KD 3,150,000 and obtaining facilities from Kuwait Finance House and mortgaging the property in its favor under the facilities contract.	05:10 PM	06/03/2023	05/2023	07/2023	7
Issuance of a first sentence ruling against the company, Case No. (Commercial, Civil, Government /9 -CMA) Announcement regarding issuance of Disciplinary Board Resolution No. (111/2022)	03:35 PM	19/03/2023	06/2023	08/2023	8
The AGM for the year 2022 was approved, with an attendance rate of 85,620% of the company’s total shareholders, and the date for distributing cash dividends (4 fils) was set on 04/26/2023 to the shareholders registered in the company’s records on 03/27/2023.	03:35 PM	27/03/2023	07/2023	09/2023	9
Disclosure of Consolidated Financial Statements for the first quarter for the year 2023.	02:05 PM	04/05/2023	08/2023	10/2023	10
Disclosure of purchasing of Al-Massa Real Estate Company W.L.L. with all its shares with amount of KD 1,850,000 by taking bank facilities of KD 1,700,000 purchase, after BOD approvable for facilities from Warba Bank.	03:15 PM	28/05/2023	09/2023	11/2023	11
Disclosure of Consolidated Financial Statements for the second quarter for the year 2023.	02:35 PM	27/07/2023	11/2023	12/2023	12
Disclosure of the issuance of a disciplinary council decision issued by the Capital Markets Authority No. 16/2023 imposing a warning penalty for the company’s violation for the rules of module Sixteen of the Executive Regulations, provision of Article (4-7), noting that this violation is a procedural violation and not a substantive violation.	02:35 PM	07/09/2023	–	13/2023	13
Disclosure of Consolidated Financial Statements for the Third quarter for the year 2023.	03:20 PM	29/10/2023	15/2023	14/2023	14
THE GLOBAL ECONOMICS MAGAZINE has emerged Sharq Investment Company as winner of (Fastest Growing Investment Portfolio Management Company) for the year 2023 .	02:00 PM	29/10/2023	–	15/2023	15
The Capital Markets Authority granted initial approval to Sharq Investment Company to license the activity of an investment advisor. This approval is valid for a period of six months, subject to renewal, starting on 10/31/2023 and ending on 04/30/2024, in order to meet the standards determined by the Authority.	02:00 PM	31/10/2023	–	16/2023	16

2022 Disclosures Log

No.	Disclosure No.	Meeting minutes No	Disclosure date	Statement and Details of Disclosure
1	1/2022	1/2022	31-01-2022	Disclosure of the impact of events resulting from the effect of the pandemic coronavirus on the financial statements from the fourth quarter of 2021.
2	2/2022	1/2022	31-01-2022	Disclosure Report for Remuneration Committee for the financial year ended 31-12-2021.
3	3/2022	2/2022	14-02-2022	Disclosure of Consolidated and Audited Financial Statements year ended at 31-12-2021.
4	4/2022	2/2022	17-02-2022	Disclosure of the agenda of the AGM for the financial Statement year ending of 31-12-2021.
5	5/2022	3/2022	17-02-2022	Announcement of the invitation of the Ordinary General Assembly on 14-03-2022.
6	6/2022	–	28-02-2022	Announcement reminder of the invitation of the Ordinary General Assembly on 14-03-2022.
7	7/2022	4/2022	14-03-2022	Disclosure and approval of the results of the General Assembly by the Ministry of Commerce and Industry.
8	8/2022	5/2022	08-05-2022	Disclosure of Financial Statements for the First Quarter of 2022.
9	9/2022	5/2022	08-05-2022	Disclosure of the impact of events resulting from the effect of coronavirus on the financial statements of the first quarter of 2022.
10	10/2022	5/2022	08-05-2022	Disclosure of the acceptance of the resignation for the internal auditor, Mr. Sadaf Chougle, for special reasons, provided that his last working day in the company is on 06-06-2022.
11	11/2022	6/2022	09-06-2022	Approval of the director of internal audit in the company, Mr. Saleh Al-Khouly, and the approval of the office of RSM Consulting to handle the consultancy work of the company’s internal audit committee.
12	12/2022	6/2022	09-06-2022	Disclosure list of the insiders in the company.
13	13/2022	8/2022	21-07-2022	Approval of the consolidated financial statements (unaudited) for the second quarter of 2022.
14	14/2022	8/2022	21-07-2022	The financial implications of the coronavirus pandemic for the second quarter of 2022.
15	15/2022	8/2022	21-07-2022	Approval by a committee to execute the companys documents obsolete since 2015 and above, and to rely on electronically archiving the original documents.
16	16/2022	9/2022	15-08-2022	Announcing the date of holding an ordinary general assembly Discussing the agenda: approving a new external auditor for the fiscal year ending on 12/31/2022 instead of Mrs. Hessa Al Bahar -whose license canceled by the Capital Markets Authority at her request.
17	17/2022	10/2022	29-08-2022	Approving the company’s external auditor, Mr. Adnan Ali Hassan Al-Hazeem, from the Moore International Auditing Office, registered in the list of auditors’ register at the Capital Markets Authority, taking into account the period of mandatory change, to issue the financial statements year ending on 31 /12/2022, instead of Mrs. Hessa Muhammad Ahmed Al-Bahr, due to the cancellation of her registration from the auditor’s register with the Authority and the approval of determining the fees according to the recommendation of the company’s internal audit committee to the Board of Directors.
18	18/2022	11/2022	22-09-2022	Sharq Investment Company purchased two limited liability companies, which classified as subsidiaries, for a total amount of 6.8 million Kuwaiti dinars, and the purchase value was fully financed under a facility contract granted by Warba Bank, amounting to 6.8 million Kuwaiti dinars, and 1% bank profits.
19	19/2022	12/2022	03-11-2022	Approval of the consolidated financial statements (unaudited) for the third quarter of 2022.
20	20/2022	12/2022	03-11-2022	The financial implications of the coronavirus pandemic for the third quarter of 2022.

A List of all people acquainted with the company.

	Acquainted Name	Acquainted Title
A	Acquainted Board Members
1	Mr.Adel Al-Nakkas	Chairman
2	Mr. Abdulmalik Al-Awadhi	Vice Chairman
3	Mr. Abdullah Al-Baghli	Board Member (Independent)
4	Mr. Fahad Al Mulla	Board Member
5	Mr. Khaled Khalil Awad	Board Member and Chief Executive Officer
B	Acquainted employees of the company
1	Hani Ahmed Mohamed Abdulhaleem	V.P. Asset Management / Client Portfolio Manager Managed by Company
2	Ahmad Ali Saad Aljuraiwi	Portfolio Manager Managed by Client
3	Haytham Hashem Mohamed Ahmed	Portfolio Manager Managed by Client / Unquoted Brokerage
4	Faisal Ali Koya	Company Portfolio Manager
5	Ruqayah Mahdi Haidar	Financial Analyst
6	Muneerah Taleb Al-Moued	Sr. Operations Officer
7	Dawoud Soliman Marvin	Operations Officer
8	Abdo Jumaah Abdoh Albasyouni	Finance Manager
9	Ahmed Osama Hassan Omar Ali	Accountant
10	Nora Madi	Investors Relations Officer
11	Randa Mohsen Hashem	Sr. Executive HR & Admin
12	Sojan Thomas Puthur Devassy	Risk Officer
13	Saleh Abdelwahab Ibrahim Elkhouly	Audit Manager
14	Mohamed Abdulrahim Hussein Mohamed	Sr. Auditor
15	Khaled Nezar Marshad Alhadrab	Compliance Manager
16	Ameen Salah Aldeen Metwalli Alrasheedi	Assistant Compliance Manager
17	Mahdi Hamza Hussain Kathem	Complaints Officer
18	Reem Saade	Clients Relations Officer
C	Acquainted third parties
1	Mr. Adnan Al-Hazeem	External Auditor of the company
2	Mr. Abdulaziz Al-Ali	External Lawyer of the Company
3	Dr. Faisal Abdulwahab Al-fahad	External Lawyer of the Company
4	Mr. Mohammed Al-Zamrawi	External Software Engineer of the Company
5	Ms. Mona Al-Moued	Hr. Consultant
6	NUC National Trading Company	IT Department
7	Al-Marsa for Economic Industrial and Information Technology Consulting company	Consulting Office for Internal Audit of the company
8	Grant Thornton	Audit firm responsible for determining the company’s internal audit systems.
9	Baker Tilly	The responsible audit firm for (AUP) report.
10	Warba Bank	Lending Bank
11	Kuwait Finance House	Lending Bank
12	Kuwait International Bank	Lending Bank

Disclosure of Major Shareholders:

Disclosures Logs

2023 Disclosures Log

Statement and Details of Disclosure

Disclosure Time

Disclosure date

Meeting minutes No.

Disclosure No.

No.

2022 Disclosures Log

A List of all people acquainted with the company.

Acquainted Board Members

Acquainted employees of the company

Acquainted third parties