<p><i>IPO Saw Strong Investor Demand With The Offering 22 Times Oversubscribed<sup>1</sup>, Demonstrating The Attractiveness Of The Group’s Offering.</i></p>
<p> </p>
<ul>
<li><i>The listing marks DFM’s first public offering of 2023, following five IPOs from leading government-related and private companies in 2022.</i></li>
<li><i>This IPO attracted a high demand from both qualified institutional investors and UAE retail investors with total gross demand surpassing AED 12.7 billion.</i></li>
<li><i>750 million shares were sold and final share price is set at AED1.03, implying market capitalization of AED7.7 billion at listing.</i></li>
<li><i>The UAE Retail Offer was 44 times oversubscribed even after increasing the number of shares on offer in this