Page 14 - Q1-2023-EN

AL MAZAYA HOLDING COMPANY K.S.C.P. AND ITS SUBSIDIARIES
NOTES TO INTERIM CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
MARCH 31, 2023
(All amounts are in Kuwaiti Dinars)

5. Treasury shares
December 31,
March 31, 2022 March 31,
2023 (Audited) 2022
Number of shares 3,929,600 5,600 5,600
Percentage of issued shares (%) 0.624 0.001 0.001
Market value (KD) 152,861 267 426
Cost (KD) 158,248 1,777 1,777

The Parent Company’s management has allotted an amount equal to treasury shares balance from retained earnings
and reserves as of March 31, 2023. Such amount will not be available for distribution during treasury shares holding
period.

6. Basic and diluted earnings per share
The information necessary to calculate basic and diluted earnings per share based on the weighted average number
of shares outstanding during the period is as follows:
For the three months ended
March 31,
2023 2022
Profit for the period attributable to equity holders of the Parent Company from
Continuing operations 15,257 42,997
Profit for the period attributable to equity holders of the Parent Company from
Discontinued operations 179,559 161,252
Profit for the period attributable to equity holders of the Parent Company 194,816 204,249

Number of shares outstanding:
Number of issued shares at beginning of the period 629,559,816 629,559,816
Less: Weighted average number of treasury shares (604,480) (5,600)
Weighted average number of shares outstanding 628,955,336 629,554,216

Basic and diluted earnings per share attributable to shareholders of the
Parent Company from Continuing operations (fils) 0.02 0.07
Basic and diluted earnings per share attributable to shareholders of the Parent
Company from Discontinued operations (fils) 0.29 0.25
Total basic and diluted earnings per share attributable to shareholders of the
Parent Company (fils) 0.31 0.32

Since there are no diluted instruments outstanding, basic and diluted earnings per share are identical.

7. Related party disclosures
The Group has entered into various transactions with related parties, i.e. key management personnel, and other related
parties. Prices and terms of payment are to be approved by the Group's management. Significant related party
transactions and balances are as follows:

Interim condensed consolidated statement of financial position:

Key December 31,
management March 31, 2022 March 31,
personnel 2023 (Audited) 2022
Accounts payable and other credit balances 3,406 3,406 2,073 169,195
Lease liabilities (a) 6,809,147 6,809,147 3,244,238 3,481,155

Amounts due from / to related parties are interest free and are receivable or payable on demand.

11