Date: 21/04/2021

On Wednesday 21/04/2021 the SDC completed the process of registering the share capital increase of (5,000,000) shares of the Jordan Mortgage Refinance  Company.

The share capital increase is performed through capitalization this amount and distributing them as stock dividends to all shareholders of the company in proportion to the percentage of their contributions in the company capital.

Thereby, the SDC records of the Jordan Mortgage Refinance Company indicates the raise of its capital from (5,000,000) shares to a registered capital of (10,000,000) 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 09/03/2021 which was granted the approval of the Ministry of Industry, Trade, and Supply on 29/03/2021, and upon the approval of the Jordan Securities Commission on the share capital increase issued on 07/04/2021.