The Moroccan Capital Markets Authority (AMMC) has approved the prospectus relating to BMCI’s complete merger of its 100% owned subsidiary, BDSI. The transaction is structured to proceed without a capital increase for BMCI. The approved prospectus (reference VI/EM/013/2025) will be available to the public at BMCI’s headquarters and on its website, and on the AMMC website. An excerpt of the prospectus is expected to be published shortly on BMCI’s website. The merger remains subject to approval by BMCI’s extraordinary general meeting scheduled for 23 June 2025.