Disclosure of Material Information Form


Details
International Financial Advisors Holding Company
13/07/2026

Material information form

Others
The Disciplinary Board's decision
13/07/2026
We would like to inform you that the Capital Markets Authority Disciplinary Board has issued Decision No.13 of 2026 (Disciplinary Board Case No. 07/2026 – CMA), dated 13 July 2026, imposing a financial penalty on the Company in the amount of KWD 20,000 , The decision also imposed financial penalties on certain members of the Board of Directors and the Executive Vice President, with an aggregate amount of KWD 35,000 . Accordingly, the Company is currently reviewing the grounds of the decision in preparation for filing grievance and appealing the decision in accordance with the applicable procedures.
The financial impact is contingent upon the outcome of the grievance and appeal against the decision

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.