Saudi Tadawul Group Holding Co. announces a Material Development Related to the Approval of the New Fees Structure for the Services Provided by its Subsidiaries

Saudi Tadawul Group Holding Co. (“The Group”) announces a material development with the issuance of the Capital Market Authority "CMA" Board resolution dated 26 March 2022 which includes the approval of the new fees structure for the services provided by the Group’s subsidiaries (the Saudi Exchange, Securities Depository Center “Edaa”, and Securities Clearing Center “Muqassa”) in regards to the shares buy and sell commissions, the units of Real Estate Investment Traded Funds (REITs), Exchange-Traded Funds (ETFs), Closed-end Funds (CEFs), and Tradable Rights.

Where the new fees structure which will be charged by the three Group’s subsidiaries for the above mentioned services will be (2.0) basis points on each transaction from each party (the seller and the buyer), instead of (1.8) basis points, which was calculated at (0.9) a basis point for the trading services, and (0.9) for the settlement and safekeeping services.

The new fees structure for the above-mentioned services which will be charged by the Saudi Exchange, Securities Depository Center “Edaa”, and Securities Clearing Center “Muqassa” will be calculated as following:

- The new fees structure for the trading service, which will be charged by the Saudi Exchange, shall be (0.00009), which equals to (0.9) basis points of the executed transaction value.

-The new fees structure for the settlement service, which will be charged by the Securities Depository Center “Edaa”, shall be (0.00005), which is equal to (0.5) basis points of the executed transaction value.

- The new fees structure for the safekeeping service, which will be charged by the Securities Depository Center “Edaa”, shall be (0.00001), which is equal to (0.1) basis points of the executed transaction value.

- The new fees structure for the clearing service, which will be charged by the Securities Clearing Center “Muqassa”, shall be (0.00005), which is equal to (0.5) basis points of the executed transaction value.

The restructuring fees for the above-mentioned services will not have an impact on the current total buy and sell commission where its (15.5) basis points. The implementation of the new fees structure will be starting from 3 April 2022, coinciding with the launch of a bundle of enhancements to develop post trade infrastructure.

It is expected to have a positive impact on the Group’s financial results starting from the Q2 2022, post the implementation of the new fees structure.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate..