This announcement is made by GFH Financial Group B.S.C. “GFH” pursuant to the requirements of the Takeover, Mergers & Acquisition Module under Volume 6 of the Central Bank of Bahrain’s Rulebook and with reference to our previous disclosure dated 8th July 2021, regarding GFH’s consideration of voluntary offer for the issued shares of Khaleeji Commercial Bank B.S.C. (“KHCB”).

Please be informed that, on 15th September 2021, GFH submitted a pre-conditional voluntary offer to the Board of Directors of KHCB, as attached.