| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Fourth Milling company is pleased to invite the Company’s shareholders to attend, participate and Vote in the Ordinary General Assembly Meeting (First Meeting FY 2025), which is scheduled to be held at (19:00) on Tuesday 23-06-2026G corresponding to 08-01-1448H via modern technology means through the Tadawulaty system. |
| City and Location of the General Assembly's Meeting | Dammam City - (Via modern technology means (online) Using Tadawulaty system). |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2026-06-23 Corresponding to 1448-01-08 |
| Time of the General Assembly’s Meeting | 19:00 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee. |
| Quorum for Convening the General Assembly's Meeting | The quorum for holding the General Assembly meeting is valid if attended by shareholders representing at least twenty five percent (25%) of company’s voting rights. |
| General Assembly Meeting Agenda | 1. Reviewing and discussing the Board of Directors’ Report for the fiscal year ended 31/12/2025. 2. Voting on the Company’s auditor’s report for the fiscal year ended 31/12/2025 after discussing it. 3. Reviewing and discussing the financial statements for the fiscal year ended 31/12/2025. 4. Voting on the transactions and contracts entered into between Fourth Milling Company, the Saudi Agricultural and Livestock Investment Company (SALIC) as a third party, and the General Food Security Authority (government entity), in which Board Member Mr. Bader Hamed AlAujan has an indirect interest. The transaction relates to the amendment of the wheat supply agreement (subsidized and non-subsidized) for a contract term of 21 years without any preferential terms during the fiscal year ended 31/12/2025, with an estimated amount of (Not applicable) for the fiscal year 2025. 5. Voting on the transactions and contracts entered into between Fourth Milling Company and Abdullah Al Othaim Markets Company, in which Board Member Mr. Bader Hamed AlAujan and Board Member Mr. Marwan Ibrahim have an indirect interest. The transaction relates to a contract for the sale of consumer-packaged products without any preferential terms during the fiscal year ended 31/12/2025, with a total amount of SAR 8,738,091. 6. Voting on the transactions and contracts entered into between Fourth Milling Company and United Feed Manufacturing Company, in which Board Member Mr. Kamel Al-Khatib and Board Member Mr. Tariq Al-Jammaz have an indirect interest. The transaction relates to contracts for the sale of bran products without any preferential terms during the fiscal year ended 31/12/2025, with a total amount of SAR 37,989,067. 7. Voting on the transactions and contracts entered into between Fourth Milling Company and Pure Food Company, in which Board Member Mr. Prashant Vatkar and Board Member Mr. Sayed Rizwan Ahmed have an indirect interest. The transaction relates to contracts for the sale of consumer-packaged flour products without any preferential terms during the fiscal year ended 31/12/2025, with a total amount of SAR 3,288,960. 8. Voting on the transactions and contracts concluded between Fourth Milling Company and Gulf Industrial Flour Milling Company, in which Board Member Bader Hamed Al-Aujan, Board Member Al-Sayed Rizwan Ahmed, Board Member Prashant Vatkar , Board Member Tariq Al-Jammaz, Board Member Mr. Kamel Al-Khatib, and Board Member Mr. Marwan Ibrahim have an indirect interest. These relate to expenses for providing administrative, legal, and financial business support services to Gulf Industrial Flour Milling Company, amounting to SAR 232,500 (inclusive of Value Added Tax). 9. Voting on the discharge of liability of the members of the Board of Directors for the fiscal year ended 31/12/2025. 10. Voting on disbursing an amount of SAR (3,425,000) as remuneration to the members of the Board of Directors for the fiscal year ended 31/12/2025. 11. Voting on authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year 2026. 12. Voting on authorizing the Board of Directors with the powers of the Ordinary General Assembly as stipulated in Paragraph (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of the General Assembly’s approval or until the end of the delegated Board term, whichever is earlier, in accordance with the conditions set out in the Implementing Regulations of the Companies Law for listed joint stock companies. 13. Voting on the appointment of the Company’s external auditor from among the candidates based on the recommendation of the Audit Committee, to examine, review, and audit the financial statements for the second and third quarters and the annual financial statements for the fiscal year ending 31/12/2026, as well as the first quarter of the fiscal year 2027, and to determine the auditor’s fees. 14. Voting on the Board of Directors’ resolution appointing Mr. Abdulaziz Abdullah Al-Darrab as Non-Executive Board Member effective from the date of his appointment on 15/01/2026 to complete the current Board term ending on 16/08/2027, succeeding the former member Mr. Tariq Al-Jammaz. (CV attached) |
| Proxy Form | Proxy Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Agenda of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes |
| Details of the electronic voting on the Assembly’s agenda | The shareholders, who registered in Tadawulaty, may vote on the items of the General Assembly agenda online starting from 01:00 AM on Friday 04 / 01 / 1448H corresponding to 19 / 06 / 2026G until the end of the Assembly’s meeting time. Please note that registration in Tadawulaty service and voting is provided free of charge for all shareholders through the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | For more information, please communicate with IR at the Company through email: investor.relations@mc4.com.sa, with the necessity of mentioning the full name and ID number, so that we can match the data and respond to the inquiries submitted. |
| Additional Information | Annual board report can be accessed using the below link: https://www.saudiexchange.sa/Resources/fsPdf/6426_0_2026-05-19_14-29-05_En.pdf |
| Attached Documents | Attached Documents Attached Documents |
Fourth Milling Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
AI Summary
- Fourth Milling Company invited shareholders to attend its Ordinary General Assembly meeting scheduled for June 23, 2026, to be conducted virtually via the Tadawulaty system.
- Shareholders will vote on authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the 2026 fiscal year.
- The agenda includes approving SAR 3,425,000 in board remuneration for FY 2025 and voting on several related-party transactions, including a SAR 37.9 million contract with United Feed Manufacturing Company and a SAR 8.7 million contract with Abdullah Al Othaim Markets Company.
- The meeting will address the appointment of an external auditor for the 2026 fiscal year and the confirmation of Mr. Abdulaziz Abdullah Al-Darrab as a non-executive board member.
