| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Middle East Specialized Company is pleased to invite the valued shareholders to participate and vote in the Ordinary General Assembly meeting (the first meeting), which is scheduled to be held, God willing, at 7:30 PM on Tuesday 23/12/1447 corresponding to 09/06/2026 via modern technology and using the Tadawulaty system |
| City and Location of the General Assembly's Meeting | Riyadh - the company's headquarters, King Abdulaziz District, Salah Al-Din Al-Ayoubi Street - through modern technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2026-06-09 Corresponding to 1447-12-23 |
| Time of the General Assembly’s Meeting | 19:30 |
| 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 General Assembly Meeting shall be valid only if it is attended by shareholders representing at least a quarter of the company's shares in accordance with Article (31) of the company's articles of association and if the necessary quorum is not available to hold this meeting, the second meeting shall be held one hour after the expiration of the period specified for holding the first meeting, and the second meeting shall be valid regardless of the number of shares that have voting rights represented in it. |
| General Assembly Meeting Agenda | 1-Review and discuss the Board of Directors' report for the financial year ended 31/12/2025 and discussing it. 2-Voting on the company’s auditor's report for the fiscal year ending on 31/12/2025 after discussing it. 3-Review and discuss the audited financial statements for the year ended 31/12/2025 and discussing it. 4-Voting on the appointment of the Company's auditor from among the candidates based on the recommendation of the Audit Committee to examine, review and audit the financial statements for the second, third and annual quarters of the fiscal year 2026, and the first quarter of the fiscal year 2027 and determine his fees. 5-Voting on the disbursement of a bonus to the members of the Board of Directors in the amount of (4,806,250) riyals for the fiscal year ending on 31/12/2025 6-Voting on amending the policy for the remuneration of the Board of Directors, its committees and the executive management. 7-Voting on authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for fiscal year 2026 8-Voting on authorizing the Board of Directors with the powers of the Ordinary General Assembly to grant the license stipulated in paragraph (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of approval by the General Assembly or until the end of the term of the authorized Board of Directors, whichever is earlier, in accordance with the conditions stipulated in the Executive Regulations of the Companies Law pertaining to listed joint-stock companies. |
| Proxy Form | Proxy Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | The shareholder has the right to discuss the topics on the agenda of the General Assembly and ask questions to the members of the board of directors, noting that voting in tadawulaty services is available free of charge to all shareholders using the following link : https://login.tadawulaty.com.sa/ir/user/login.xhtml |
| Details of the electronic voting on the Assembly’s agenda | The shareholders registered on the Tadawulaty services can vote remotely on meeting agenda from 01:00 am on Saturday 20 Dhul-Hijjah 1447 corresponding 06 June 2026) until the end of the assembly time. Registration and voting for Tadawulaty services will be available free of charge to all shareholders using the following link: https://login.tadawulaty.com.sa/ir/user/login.xhtml |
| Method of Communication in Case of Any Enquiries | In the event of an inquiry, we hope to contact the Investor Relations Department during office hours from 8:00 am to 4:00 pm through Phone number: 00966114767373 Ext:1066 Email: IR@mesccables.com |
| Attached Documents | Attached Documents Attached Documents Attached Documents Attached Documents |
