Bank Saderat Iran Puts 67 Percent of Its Brokerage Arm and All of Sepehr Energy Management Shares Up for Auction

Bank Saderat Iran (BSDR) announced two share auctions of subsidiary companies in two material disclosure filings on the Codal system dated September 20, 2026. Under the first filing, 2,009,935,740 shares, equal to 66.99 percent of Bank Saderat's brokerage subsidiary, have been put up for auction. Under the second, 45,911,980,000 shares, equal to 99.99 percent of Sepehr Energy Management Company, are also being offered.

Both auctions are scheduled for September 27, 2026. The offerings are being made under Article 13 of the executive directive on information disclosure for companies registered with Iran's Securities and Exchange Organization.