Page 94 - SGH PR REPORT - JUNE 2024

6/24/24, 1:59 PM Saudi German Health shareholders approve dividend freeze for 2023

Saudi German Health shareholders approve dividend freeze for

2023

23/06/2024 Argaam

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Logo of Middle East Healthcare Co. (Saudi German Health)

Middle East Healthcare Co.’s (Saudi German Health) shareholders approved the board
recommendation to withhold dividends for 2023, during the extraordinary general meeting

(EGM) held on June 13, according to a statement to Tadawul.

Shareholders further ratified a number of business contracts, which included the Chairman,
Vice-Chairman or board members as related parties.

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The company’s board of directors recommended, on March 30, paying no dividends for 2023
as the healthcare services provider was seeking to support expansions and current
construction projects, Argaam earlier reported.

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