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demand underscores investor confidence in Alef Education's business model and growth
potential.

Alahmadi commented, "Education is a cornerstone of societal and economic
advancement, and Alef Education is proud to be creating innovative artificial intelligence
solutions that help improve academic outcomes at a time of widening educational gaps
worldwide. The rapid success of Alef Education also reflects the environment the Abu
Dhabi government has created to nurture tech startups and support their capital markets
journeys."

Alphonso added, "The robust demand for shares of Alef Education is a vote of confidence
in the company's strong fundamentals and attractive growth prospects. The Group's robust
financial position and capacity to raise capital position it well to take advantage of growth
opportunities and continue maximising shareholder value. As an established EdTech player
with a strong track record of success across its countries of operation, including the UAE,
Indonesia, the US, and Morocco, Alef Education stands to benefit from further scale as a
market leader."

Future Financial Commitments

For the financial years ending 31st December 2024 and 2025, Alef Education plans to pay a
target minimum dividend amount to investors equivalent to an annualised dividend of
AED135 million for each year. This commitment reflects the company's confidence in its
future performance and its dedication to delivering value to shareholders.

The listing on ADX represents a significant step for Alef Education as it continues to expand
its footprint in the EdTech sector. The company's innovative approach and strong financial
health position it well for sustained growth in its existing markets and beyond.

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