Referring to the receipt of the letter from His Excellency the Governor of the General Organization for Social Insurance to the Saudi Central Bank, regarding the central bank's intention to change the payment date of pensions and insurance benefits for the beneficiaries governed by the systems' regulations. Civil service retirement Military retirement Starting from the first day of each Gregorian month, effective from the month of May 2024, to facilitate the transition and activation of the new dates, the disbursement of pensions and entitlements for those covered under the Civil Service Retirement and Military Retirement systems for the months of April and May 2024 will be as follows:

Based on the relevant regulations associated with the central bank and the instructions issued by it. Regulations and procedures for individual customer collection Circular No. (41043218) dated 22/6/1441 AH Regarding the procedures for depositing salary payments and the accompanying instructions, and to ensure the stability and safety of the financial sector; it is necessary to take the required preparations to implement and be ready to work with the following:

We would also like to inform you that the opening date of the operational cycle for the Saudi System for Swift Financial Transfers will be modified to the beginning of each Gregorian month - instead of the 25th of each Gregorian month - to be at 12:05 AM (midnight) after the disbursement of entitlements for beneficiaries of the Civil and Military Retirement Systems for the month of April on April 25, 2024. If the date of disbursement of entitlements coincides with the weekend, the opening date of the operational cycle for the Saudi System for Swift Financial Transfers will be moved to the last working day before the weekend.