Based on the decision of the Board of Commissioners of the Securities Commission No. (208/2025) issued in its session held on 02/07/2025, and the approval of both the Central Bank of Jordan and the Minister of Industry, Trade, and Supply on the resolutions adopted during the extraordinary general meetings of both Bank Al Etihad and The Investment Bank held on 25/06/2025—which included approval for the transfer of ownership of all capital shares of The Investment Bank, totaling 125,000,000 shares, and their registration in the name of Bank Al Etihad, as well as the approval to register the capital increase shares of Bank Al Etihad totaling 125,203,252 shares by allocating those shares to the shareholders of The Investment Bank in proportion to their shareholding as of the date of trading suspension of The Investment Bank's shares.

The Securities Depository Center completed, on the evening of Thursday, 03/07/2025, the transfer of ownership of all 125,000,000 shares constituting the capital of The Investment Bank and fully registered them under the name of Bank Al Etihad in the shareholder records of The Investment Bank maintained and deposited with the securities depository center as of that date.

It is worth noting that the securities depository center had commenced the acquisition and registration process of the capital increase shares of both banks through sequential phases executed according to a detailed procedural and technical mechanism that was pre-designed and proactively tested on the Securities Depository Center systems and databases specifically for this purpose.

In the first phase, the Securities Depository Center withdrew and returned the shares of The Investment Bank from the accounts of their holders at brokers and custodians to the central registry after removing all ownership restrictions recorded on them. These shares, including those held in membership escrow and pledged accounts, were then registered and transferred in ownership to Bank Al Etihad, thereby making it the sole owner of all capital shares of The Investment Bank in the Securities Depository Center shareholder records.

In the second phase, the Securities Depository Center completed the procedures to register the capital increase shares of Bank Al Etihad, totaling 125,203,252 shares, which were issued in exchange for full acquisition of The Investment Bank’s capital shares. These shares were registered, allocated, and distributed to The Investment Bank’s shareholders in proportion to their ownership as of the date the bank's shares were suspended from trading.

In the final phase, the Securities Depository Center transferred the allocated shares – from the capital increase of Bank Al Etihad – to the accounts of The Investment Bank’s shareholders with the Securities Depository Center members (brokers and custodians), restoring the same ownership restrictions that were previously recorded on their shares in The Investment Bank as applicable, ensuring the preservation of shareholders’ rights and maintaining the integrity of client accounts, legal standings, and the rights of any seizing or pledging parties associated with them.

Below are the updated details of Bank Al Etihad’s capital following the completion of the share registration process: