Jordan Phosphate Mines Company, PLC. (JPMC) announces that the Board of Commissioners of the Jordan Securities Commission has approved upon resolution no. (164/2025) in its session convened on                          21.5.2025 of the request of JPMC to register the capital raise shares- (52,500,000) shares via the capitalization of JD 52,500,000 from the retained earnings balance; and to distribute them, as for free, shares to the shareholders as per the shareholding of each in the capital of the Company.

These, for free, shares will be issued and distributed to the shareholders registered in the Company records as at closing business day of 4.6.2025.

Accordingly, the capital of Jordan Phosphate Mines Company will become (300,000,000) shares/Jordanian Dinar after the capital raise.

Chairman of the Board of Directors

Dr. Mohammad Thneibat