Title: Resolution No. (178) of 2019 Regarding Revoking the Securities Activities License of Global Investment House and Deleting the Company’s name from the Licensed Persons Register at the CMA

Having Perused:

- Law No. (7) of 2010 regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and

- Based on the Extraordinary General Assembly Meeting of KAMCO Investment Company held on 17/09/2019 regarding the approval of the merger through amalgamation by the dissolution of Global Investment House and transferring its financial assets and liabilities to KAMCO Investment Company for the purpose of merging, and annotating the same in the Commercial Register Department at the Ministry of Commerce and Industry on 30/10/2019; and

- Based on the Extraordinary General Assembly Meeting of Global Investment House held on 18/09/2019 regarding the approval of the merger through amalgamation by the dissolution of Global Investment House and transferring its financial assets and liabilities to KAMCO Investment Company for the purpose of merging, and annotating the same in the Commercial Register Department at the Ministry of Commerce and Industry on 30/10/2019; and

- Based on the approval of CMA on implementing the merger through amalgamation between KAMCO Investment Company and Global Investment House issued on 21/11/2019;

The Following Was Resolved

Article (1)

The securities activities license of Global Investment House is hereby revoked, and it is removed from the licensed persons register at the CMA.

Article (2)

The concerned bodies shall execute this Resolution, each within its jurisdiction. It shall come into force from the date of its issuance, and it shall be published in the Official Gazette.

Zeyad Al-Fulaij

Head of Supervision Sector

Issued on: 01/12/2019

Copy of the Official Document