Corporate Manual

1) The Code covers guidelines that guide Amar team members to best practices to perform job tasks, identify acceptable behaviors for company members, promote ethical behavior both at individual and organizational level. It also provides guidance for Amar team members to act in a way that positively reflects the company's image and status in order to protect stakeholders and avoid unethical actions in an endeavor to avoid facing the penalty of violating the laws or regulatory policies of the company.

2) The Code generally aims at:

• Establish the company's ethical concepts and values.
• Determine behaviors and ethics to be followed by the company.
• Ensure that all company members comply with ethical and behavioral standards consistent with the company's policies and vision.
• Provide an appropriate and effective working environment within the frameworks of governance implementation.
• Consider the ideal employee who is committed to his duties and aware of his rights as the cornerstone for building "AMAR".
• Build the bases of cooperation and conduct, develop the spirit of one team and consolidate the loyalty of company employees.
• Work with integrity and honesty in accordance with the highest legal, ethical and behavioral standards.
• Apply Islamic Sharia in all company transactions.

This guide has been prepared based on the prevailing governance requirements in the State of Kuwait, particularly the governance rules outlined in the instructions of the Capital Markets Authority. The ultimate responsibility for interpreting and applying this guide rests with the Board of Directors.

1. The objective of this guide is to define and document the governance principles for Ammar Financing and Leasing Company. The importance of applying governance rules lies in the following:

• Enhancing the company's administrative efficiency by creating a good working environment that helps the company achieve optimal performance and mitigate potential risks.
• Increasing the company's economic efficiency by providing confidence and security to investors , enabling them to obtain financing at a lower cost and attract investors, thereby maximizing investment returns, investment value, and shareholder rights.
• Strengthening oversight procedures, auditing processes, and compliance with all internal policies of the company and regulations issued by supervisory authorities, allowing the company to exercise self-regulation over its activities and reduce potential risks.
• Supporting the company's social role.
• Promoting fairness, transparency, and equitable treatment for all parties, ensuring the rights of all shareholders and other stakeholders in the company, and enhancing their role in monitoring the company's performance.