Disclosure of the lawsuits and judicial verdicts regarding the lawsuit filed against the Ministry of Communications

In compliance with disclosure and transparency requirements stated in the Module Ten in the Executive Bylaws of the Capital Markets Authority.

Below is the disclosure of the lawsuits and judicial verdicts regarding the lawsuit filed against the Ministry of Communications.

Link: http://cis.boursakuwait.com.kw/Portal/NewsPDF/822VIVA642017142934756.pdf

Cassation Court Order: The court has ruled -in the appeal subject no. 1533/2012 administrative- to amend the appealed judgment to cancel the contested decision for applying the tariff on the reserved numbers or those used at the time of issuing the same and supporting it otherwise.

Impact on the Company from the court order: The financial impact from the court order have not been assessed but expected to have positive financial impact for the benefit of VIVA in case of filing a lawsuit to claim the amounts which have been paid before by VIVA for the reserved and used numbers before the issuance of the cancelled decision.

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