| Element List | Explanation |
|---|---|
| Introduction | Dar Albalad for Business Solutions Company’s Board of Directors is honored to invite its Shareholders to attend the Extraordinary General Assembly meeting (First meeting), which will be held on Wednesday 26-7-2026 at 07:30 PM, by means of modern technology via Tadawulaty Platform. |
| City and Location of the General Assembly's Meeting | Dar Albalad for Business Solutions Headquarter, Riyadh - via modern technology means (Remotely). |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2026-07-26 Corresponding to 1448-02-12 |
| 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 | Every Shareholder registered in company’s shareholders registry in the Depository Center at the end of the trading session preceding the general assembly’s meeting and in accordance with the laws and regulations are entitled to attend the meeting. Eligibility for registering the attendance of the Assembly’s meeting ends upon the beginning of the General Assembly’s meeting and eligibility for voting on the Assembly’s meeting agenda ends upon the counting committee concludes counting the votes. |
| Quorum for Convening the General Assembly's Meeting | As per Article No. (15) of Company’s Articles of Association, “a meeting of the Extraordinary General Assembly shall be valid only if attended by Shareholders representing at least half of Company’s voting shares. |
| General Assembly Meeting Agenda | 1. Voting on the amendment of Article (2) of the Company’s Bylaws relating to the company name. 2. Voting on the amendment of Article (8) of the Company’s Bylaws relating to the company management. 3. Voting on adding a new article to the Company’s Articles of Association regarding shares trading. 4. Voting on adding a new article to the Company’s Articles of Association regarding the disclosure of interest in businesses and contracts. 5. Voting on adding a new article to the Company’s Articles of Association regarding interim dividends distribution. 6. Voting on authorizing the Board of Directors with the General Assembly authority with the rights mentioned in paragraph (1) of Article (27) of the Companies Law for one year from the date of approval of the General Assembly or until the end of the session of the authorized Board of Directors, whichever is earlier, in accordance with the conditions mentioned in the Implementing Regulation of the Companies Law for Listed Joint Stock Companies. 7. Voting on authorizing the Board of Directors with the General Assembly authority with the rights mentioned in paragraph (2) of Article (27) of the Companies Law for one year from the date of approval of the General Assembly or until the end of the session of the authorized Board of Directors, whichever is earlier, in accordance with the provisions of the Companies Law and its Implementing Regulation for Listed Joint Stock Companies and according to the Conflict of interest policy. 8. Voting on authorizing the Board of Directors to distribute interim dividends on a semi-annual / quarterly basis for the financial year ending on 31/12/2026 – Subject to approval Item No. (5) 9. Voting on appointing the auditor for the company from the selected candidates based on the Audit Committee’s recommendation. The appointed auditor shall examine, review and audit the (second and third) quarters and annual financial statements of the fiscal year 2026, first quarter the fiscal year 2027. In addition to, the determination of the auditor’s remuneration. |
| Proxy Form | Proxy Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders are entitled to discuss matters listed in the agenda of the General Assembly and raise relevant questions to the Board members and to the external auditor. Please note that registration in Tadawulaty service and voting is free of charge for all Shareholders via: http://tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulaty service will be able to vote electronically on the General Assembly’s agenda. Electronic voting will start on Tuesday dated 07/02/1448H – 21/07/2026G at 1:00 AM and will last until the end of the General Assembly time. |
| Method of Communication in Case of Any Enquiries | In case of any inquiries, please contact the Company as follows: Dar Albalad for Business Solutions 011-4643879 info@addar-bs.com |
| Attached Documents | Attached Documents Attached Documents |
The Board of Directors of Dar Al Balad Business Solutions Company is pleased to invite the Company's esteemed shareholders to attend and vote at the Extraordinary General Assembly Meeting (First Meeting).
AI Summary
- Dar Albalad for Business Solutions has invited shareholders to an Extraordinary General Assembly meeting to be held remotely via the Tadawulaty platform on July 26, 2026, at 7:30 PM.
- Key agenda items include voting on amendments to company bylaws regarding the company name, management, shares trading, and the distribution of interim dividends.
- 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 meeting will also address the appointment of an external auditor to review financial statements for the remainder of 2026 and the first quarter of 2027.
