Increasing the volume of shares offered for subscription in the offering of “Salik” to 24.9%

Salik announced today that, after obtaining the approval of the Securities and Commodities Authority in the UAE and the Government of Dubai, represented by the Financial Department, it has exercised its right to increase the number of shares available for subscription in its initial public offering from 1,500,000,000 ordinary shares to 1,867,500,000 ordinary shares, which means that The percentage of shares available for trading after listing will increase from 20.0% to 24.9% of Salik’s capital, with the Dubai government retaining ownership of 75.1% of its capital.