1 Legal status and principal activities

Legal status and principal activities

Finance House P.J.S.C (“the Company”) is a public joint stock company incorporated in Abu Dhabi, United Arab Emirates (UAE) in accordance with the provisions of the UAE. The Company was established on 13 March 2004 and commenced its operations on 18 July 2004.

The Company was initially registered in compliance with relevant UAE Federal Law No. (2) of 2015, as amended. As of 2 January 2022, the Company is subject to compliance with UAE Federal Law No. (32) of 2021, which replaces UAE Federal Law No. (2) of 2015, as amended. The consolidated financial statements have been prepared in accordance with the requirements of the applicable laws and regulations, including UAE Federal Law No. (32) of 2021.

The registered head office of the Company is at P.O. Box 7878, Abu Dhabi, UAE.

The Company performs its activities through its head office in Abu Dhabi and its Abu Dhabi, Dubai, and Sharjah branches. The principal activities of the Company consist of investments, consumer and commercial financing and other related services.

The Company is listed on the Abu Dhabi Securities Exchange (Ticker: FH).

These consolidated financial statements comprise the Company and its subsidiaries listed in note 8 (together referred as “the Group”).