3.

EXPECTED TIMETABLE OF PRINCIPAL EVENTS

The following dates are indicative only and will depend, among other things, on whether (and the
dates on which) the Conditions Precedent are satisfied.

Event Time and/or Date

Last Trading Date 22 March 2020(1)
Suspension Date 23 March 2020
Record Date for AUB BB Shares 24 March 2020
Record Date for AUB BK Shares 25 March 2020
Offer Opening Date 26 March 2020
Initial Offer Closing Date 15 April 2020
Offer Acceptance/Rejection Announcement Date 15 April 2020
Last day for the Offer to become or declared unconditional 24 April 2020
as to Requisite Acceptances
Right of Accepting AUB Shareholders to withdraw their 29 April 2020
Acceptances arises unless the Offer has become
unconditional as to Requisite Acceptances
AUB EGM 7 May 2020(2)
Final Offer Closing Date 12 May 2020
(3)
Offer to be declared unconditional in all respects Expected to be 12 May 2020(4)
Release of the New KFH Shares to AUB Shareholders(5) Effective Date
Effective Date(6) Expected to be 18 May 2020

Notes

(1) If an official public holiday is declared in Kuwait, then the date in Kuwait shall be 19 March 2020.

(2) Subject to exemption from the CBB on rule TMA 2.14.5 of the TMA Module.

(3) AUB Shareholders should note that the Offer will not be open for further Acceptances once it is declared
unconditional in all respects.

(4) Subject to satisfaction of all Conditions Precedent.

(5) Subject to the approval of the CMA on issuance of the New KFH Shares and adhering to the applicable laws and
regulations in Kuwait and Bahrain.

(6) Subject to the Conditions Precedent of the Offer having been satisfied and all regulatory approvals required in
Kuwait and/or Bahrain are obtained.