Page 55 - ALEF EDUCATION PR REPORT MARCH 2025

4/2/25, 9:44 AM Alef Education shareholders approve AED402.8 million cash dividend for 2024

Alef Education shareholders

approve AED402.8 million

cash dividend for 2024

WAM
29th March 2025, 01:23 GMT+11

ABU DHABI, 28th March, 2025 (WAM) -- Alef Education Holding Plc (Alef
Education) today announced the successful conclusion of its first Annual General
Meeting (AGM).

Shareholders approved the Board of Directors' report on the Company's activity and
its financial statements for the financial year ended 31st December 2024 (FY 2024),
including the distribution of cash dividends amounting to AED199.2 million for the
second half of FY 2024 of which AED67.5 million will be distributed to free float
investors in April 2025.

The approval brings the total dividend for FY 2024 to AED402.8 million,
underscoring Alef Education's commitment to delivering sustainable value to its
shareholders through a robust and transparent dividend policy promising a total of
AED135 million to its free float investors in each year 2024 and 2025.

During the AGM, Abdulhamid M. Saeed Alahmadi, Chairman of Alef Education,
highlighted the Company's strong financial and operational performance since its
landmark IPO on the Abu Dhabi Stock Exchange (ADX) in June 2024.

https://www.bignewsnetwork.com/news/278134942/alef-education-shareholders-approve-aed4028-million-cash-dividend-for-2024 1/2