We Buy Cars Holdings Limited declared dividends (totalling SAR 3,410.8 million) during the six months ended 31 March 2024 to the shareholders recorded in the register prior to the pre-listing capital raise. SAR 3,050.8 million of these dividends were pursuant to the Transaction Capital Limited unbundling and were paid to Transaction Capital Motor Holdco Proprietary Limited and I VDW Holdings Proprietary Limited in April 2024, as set out in the WeBuyCars Pre-listing Statement, dated 12 March 2024. The Company aims to declare and pay between 25% and 33% of its headline earnings as a dividend as per its dividend policy, subject to working capital requirements and capital expenditure required for expansion and maintenance.

The declaration of a final dividend for the year ending 30 September 2024 will be tabled for consideration by the Board and will be announced with the results for the year ending 30 September 2024.