Date: 19/03/2023

On Sunday 19/03/2023 the SDC completed the process of registering the share capital increase of (560,000) shares of the South Electronics Company.

The share capital increase is performed through capitalization this amount from the credit balance of the Al Multaqaa Brokerage and Financial Services Company.

Thereby, the SDC records of the South Electronics Company indicates the raise of its capital from (2,120,410) shares to a registered capital of (2,680,410) shares as a result of the mentioned share capital increase.

The above mentioned procedure is conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 18/08/2020 which was granted the approval of the Ministry of Industry, Trade, and Supply on 09/09/2021, and upon the approval of the Jordan Securities Commission on the share capital increase issued on 26/02/2023.