Financial Results 30th September 2025

‌- -D ! ! NJ-u.ulI

Bahrain Kuwait Insurance Company B.S.C.

BAHRAIN

Tuesday, 11th November 2025

To: Boursa Kuwait

Mubarak AI Kabeer Street, AlSharq

P.O. Box 22235, Safat 13083,

Kuwait

Sub: BKIC Interim Condensed Consolidated Financial Statements - 30th September 2025

We have pleasure in informing you that the Board of Directors of Bahrain Kuwait Insurance Company (BSC) has approved on Tuesday 11th November 2025 the interim condensed consolidated financial statements for the 9-month period ended 30th September 2025.

The financial information forms along with the approved auditor's report are attached herewith for your kind reference and records.

Thanks and best regards,

Yours sincerely,

Ali Hasan Fardan

Senior Manager - Legal and Compliance and Secretary to the Board

Enclosures/

‌Bah ain u t nsu nce Company B.S.C.

"2025-11-11

Approved financial statements. Approved auditor's report

This form shall not be deemed to be complete unless the

documents mentioned above are provided

2024-09-30

2025-09-30

Statement

(4)

3,240,400

3,104,541

Net Profit (Loss) represents the amount

(4) 22

attributable to the owners of the parent Company

fly 1l I (igL«s•)

21 Basic & Diluted Earnings per Share

(18)

(6)

87,506,375

156,169,853

71,887,024

146,668,304

96

8,734,650

17,079,697

Current Liabilities

(8)

118,463,935

108,744,177

Total Liabilities

Current Assets Total Assets

2 36,018,240

Total Equity attributable to the owners of the

Parent Company

N/A

(0.1)

N/A

1.235

N/A

1.234

Accumulated Loss/ Paid-Up Share Capital Exchange Rate

‌Statement

Net Profit (Loss) represents the amount attributable to the owners of the parent Company

All 15l I (SyL•+s•)

Basic & Diluted Earnings per Share

83

115

• Not Applicable for first Quarter

  Total Operating Revenue *' Net Operating Profit (Loss)

  
  
  

  J‹*! ! W . > •

  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  

  The decrease in the net profit for the six months ended 30th September 2025 compared to the same period last year is due to the first-time implementation of the 15% Domestic Minimum Top-up Tax in Bahrain and Kuwait, which came into effect in January 2025 for multinational companies and was not reflected last year.

  343,613

  
  
  

  (1,236,349)

  
  
  
  
  
  

  ‌2024-09-30

  2025-09-30

  (4)

  4,001,894

  3,831,004

  Net Profit (Loss) represent the amount attributable to the owners of the parent Company

  (4)

  27

  26

  It WVI I itL•«s•/ •/

  Basic & Diluted Earnings per Share

  (18)

  108,070,374

  88,708,588

  Current Assets

  (6)

  192,869,769

  180,988,687

  Total Assets

  95

  10,787,293

  21,076,346

  Current Liabilities

  (8)

  146,302,959

  134,190,315

  Total Liabilities

  2

  44,482,526

  45,425,217

  Total Equity attributable to the owners of the

  29

  23,836,592

  30,753,211

  Parent Company "

  i ai yi g lH

  Total Operating Revenue

  9

  1,754,778

  1,904,163

  Net Operating Profit (Loss)

  N/A

  N/A

  N/A

  Accumulated Loss/ Paid-Up Share Capital

  
  
  

  2024-09-30

  
  
  

  Statement

  
  
  
  
  
  

  2025-09-30

  8 1,063,933

  1,145,863

  Net Profit (Loss) represents the amount

  
  
  

  attributable to the owners ofthe parent Company

  	8		7	iy at i z, / 8 Basic & Diluted Earnings per snare
  	82		7,220,997	13,177,267 Total Operating Revenue
  	115		172,085	370,068 Net Operating Profit (Loss)

  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  

• Not Applicable for first Quarter

In the event of selecting item No. 2, 3 or 4,

the following table must be filled out, and this form is not considered complete unless it is filled.

‌NIL

NIL

Cash Dividends

NIL

NIL

Bonus Share

NIL

NIL

Other Dividend

NIL

NIL

No Dividends

NIL

NIL

Issue Premium

NIL

Capital Increase

NIL

Capital Decrease

+nd Co"

Senior Manager Legal and Compliance

and Secretary to the Board

Ali Hasan Fardan

‌Report on review of interim condensed consolidated financial information

To the Board of Directors of Bahrain Kuwait Insurance Company B.S.C.

We have reviewed the accompanying interim condensed consolidated statement of financial position of Bahrain Kuwait Insurance Company B.S.C. (the "Company'} and its subsidiary (the "Group") as at 30 September 2025 and the related interim condensed consolidated statements of profit or loss and comprehensive income for the three-month and nine-month periods then ended, and interim condensed consolidated statements of changes in equity and cash flows for the nine-month period then ended and explanatory notes. The Board of Directors is responsible for the preparation and presentation of this interim condensed consolidated financial information in accordance with International Accounting Standard 34, 'Interim Financial Reporting' ("IAS 34"). Our responsibility is to express a conclusion on this interim condensed consolidated financial information based on our review.

Scope of review

We conducted our review in accordance with International Standard on Review Engagements 2410,"Review of interim financial information performed by the independent auditor of the entity". A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim condensed consolidated financial information is not prepared, in all material respects, in accordance with IAS 34.

John Molloy PricewaterhouseCoopers M.E Limited Partner's registration number: 255 Manama, Kingdom of Bahrain

11 November 2025

PricewaterhouseCoopers M.E Limited

Office no. 4701, Building no. 1459, Road no. 4626, Block no. 346,

P.O. Box 60771, Manama/Sea Front, Kingdom of Bahrain T: +973 17 118800, F: +973 17 540556, CR no. 47378