| Introduction | With reference to ACWA Power Company's (the "Company") announcement published on the Saudi Stock Exchange's website (Tadawul) dated 05/12/1445H (corresponding to 11/06/2024G) regarding the board of directors' recommendation to increase the Company's capital through offering rights issue shares for a total offering value of SAR 7,125 million, the Company would like to announce the submission of the application file to the Capital Market Authority regarding the increase of its capital through offering rights issue shares to the Capital Market Authority on 17/06/1446H (corresponding to 18/12/2024G). |
| Date of Submitting the Application File to CMA | 2024-12-18 Corresponding to 1446-06-17 |
| Application Subject | The increase of the Company's capital through offering rights issue shares with a total offering value of SAR 7,125 million |
| Date of Announcing Board Recommendation to Increase the Company’s Capital by offering rights issue on Saudi Exchange’s Website | 2024-06-11 Corresponding to 1445-12-05 |
| Additional Information | The Company will announce any future developments in this regard in due course. |
