Modern Mills Company announced at extraordinary general assembly meeting to be held on June 12, 2024, proposed to approve the Board's recommendation to distribute annual dividends in the amount of SAR 81,832,000 to the shareholders for the financial year 2023, at a rate of SAR 1 per share, equivalent to 100% of the share capital, provided that the entitlement is for the shareholders holding the shares by the end of the trading day of the assembly date, and who are registered in the company's shareholders registry held with the Securities Depository Center Company (Edaa) at the end of the second day following the entitlement date.