Disclosure of Material Information Form


Details
International Financial Advisors Holding Company
01/07/2026

Material information form

Disclosure on availability of Material Information related to Subsidiary Companies and Associate Companies of a Listed Company, which has a Significant Effect on its financial position.
Supplementary Disclosure
01/07/2026
Further to our disclosure dated 16/07/2023, we would like to inform you that we have received notification from our subsidiary, First Takaful Insurance Company, that on 01/07/2026 it received an amount of KWD 1,130,313 from a related party (an associate of the ultimate parent company controlling First Takaful Insurance Company) , this amount represents the third installment of the proceeds from the sale of an investment previously owned by the subsidiary, namely First Takaful Insurance Company's ownership interest in a real estate company in the United Arab Emirates , as a result of this transaction, the subsidiary will recognize a net profit of KWD 136,988, comprising the following: - Recognition of a gain arising from the reduction of the discount on cash flows amounting to KWD 140,231, which will be recognized in the second quarter of 2026. - Recognition of a foreign exchange loss amounting to KWD 3,233. - A decrease in Due from Related Parties by KWD 1,133,547. - An increase in Cash and Bank Balances by KWD 1,130,313.
Accordingly, the Parent Company's shareholders will recognize a net profit of KWD 73,220 representing 53.45% of its investment in the subsidiary. In addition, the transaction will result in a decrease in Due from Related Parties of KWD 1,133,547 and an increase in Cash and Bank Balances of KWD 1,130,313
افصاح مكمل 1 يوليو 2026.pdf

Significant effect on the financial position shall be mentioned if the material information can measure that effect, excluding the financial effect resulting from tenders or similar contracts.

If a listed company, which is a member of a group, disclosed some material information related to it and has significant effect on other listed companies’ which are members of the same group, the other companies’ disclosure obligations are limited to disclosing the information and the financial effect occurring to that company itself.

The issuer of this disclosure bears full responsibility for the soundness, accuracy, and completeness of the information contained therein. The issuer acknowledges that it has assumed Care of a Prudent Person to avoid any misleading, false, or incomplete information. The Capital Markets Authority and Boursa Kuwait Securities Exchange shall have no liability whatsoever for the contents of this disclosure.This disclaimer applies to any damages incurred by any Person as a result of the publication of this disclosure, permitting its dissemination through their electronic systems or websites, or its use in any other manner.