| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Altharwah Albashariyyah Co. is pleased to invite its esteemed shareholders to participate and vote in the Ordinary General Assembly Meeting (First Meeting), which is scheduled to be held via modern technology means, at (20:30) on Thursday, 10/01/1448H corresponding to 25/06/2026 |
| City and Location of the General Assembly's Meeting | At the company's headquarter located in Riyadh – Al Narjis District – Othman Bin Affan Road, via modern technology means |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2026-06-25 Corresponding to 1448-01-10 |
| Time of the General Assembly’s Meeting | 20:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | The right to attend the meeting is granted to shareholders registered in the Company’s shareholders register at the Securities Depository Center (Edaa) by the end of the trading session preceding the General Assembly Meeting, in accordance with the applicable laws and regulations. The right to register attendance at the General Assembly Meeting ends at the time of the meeting’s commencement, and the right to vote on the meeting’s agenda items for attendees ends when the vote counting committee concludes the vote count. |
| Quorum for Convening the General Assembly's Meeting | In accordance with Article (34) of the Company’s Articles of Association, the Ordinary General Assembly Meeting shall only be valid if attended by shareholders representing at least half of the voting shares. If this quorum is not met in the first meeting, the second meeting shall be held one hour after the scheduled time of the first meeting. In all cases, the second meeting shall be deemed valid regardless of the number of voting shares represented therein. |
| General Assembly Meeting Agenda | 1. Vote on the Company’s auditor’s report for the financial year ended 31 December 2025, after discussing it. 2. Review and discuss the Board of Directors’ report for the financial year ended 31 December 2025. 3. Review and discuss the Company’s financial statements for the financial year ended 31 December 2025. 4. Vote on discharging the members of the Board of Directors from liability for the financial year ended 31 December 2025. 5. Vote on appointing the Company’s auditor from among the candidates, based on the Audit Committee’s recommendation, to examine, review, and audit the Company’s annual financial statements for the year ending 31 December 2026 and the interim financial statements for the first half ending 30 June 2026, and to determine the auditor’s fees. 6. Vote on authorizing the Board of Directors to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the financial year ending 31 December 2026. 7. Vote on authorizing the Board of Directors with the powers of the Ordinary General Assembly to grant the license set out in Paragraph (1) of Article (27) 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 term of the authorized Board of Directors, whichever is earlier, in accordance with the conditions set out in the Executive Regulations of the Companies Law for listed joint stock companies. 8. Vote on allowing Board member H.E. Eng. Osama Abdulaziz Abdullah Al-Zamil to engage in a business competing with the Company’s business. (Attached). 9. Vote on allowing the Chief Executive Officer and Board member, Dr. Saleh bin Khalaf bin Hassan Al-Harthi, to engage in a business competing with the Company’s business. (Attached) 10. Vote on the businesses and contracts with related parties, namely transactions carried out during 2025 between the Company and Al Tawuniya Insurance Company (“Al Tawuniya”), in which Mr. Fahad bin Saad bin Muammar has an indirect interest, in his capacity as a Board member of Altharwah Albashariyyah Co. until 31/12/2025 and Vice Chairman of the Board of Directors of Altharwah Albashariyyah Co. since 01/01/2026, and as Chief Investment Officer of Al Tawuniya. These transactions consist of insurance policies during 2025 in the amount of SAR 1,725,518 (One Million Seven Hundred Twenty-Five Thousand Five Hundred Eighteen Saudi Riyals), with no preferential terms or benefits. (Attached) |
| Proxy Form | Proxy Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Esteemed shareholders have the right to discuss the agenda items of the Ordinary General Assembly and raise questions. Please note that voting via Tadawulaty services is available free of charge to all shareholders through the following link: http://www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulaty services may vote electronically and remotely on the agenda items of the General Assembly starting from 1:00 a.m. on Sunday, 06/01/1448H (corresponding to 21/06/2026G), until the end of the General Assembly meeting. Registration and voting through Tadawulaty services will be available free of charge to all shareholders via the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | We are pleased to receive your inquiries by contacting the Investor Relations Department through the following channels: Phone: 920019590 Email: jihad.shalola@tharwah.net |
| Attached Documents | Attached Documents Attached Documents Attached Documents Attached Documents Attached Documents |
The Board of Directors of Altharwah Albashariyyah Co. invites its shareholders to attend the Ordinary General Assembly Meeting (First Meeting) via modern technology means
AI Summary
- Altharwah Albashariyyah Co. invited shareholders to an Ordinary General Assembly Meeting to be held via modern technology on June 25, 2026, at 20:30.
- The agenda includes voting on the company’s financial statements for the fiscal year ended December 31, 2025, and authorizing the Board of Directors to distribute interim dividends for the 2026 fiscal year on a quarterly or semi-annual basis.
- Shareholders will vote on allowing Board member Eng. Osama Al-Zamil and CEO/Board member Dr. Saleh Al-Harthi to engage in businesses competing with the company, as well as approving 2025 insurance contracts with Al Tawuniya Insurance Company totaling SAR 1,725,518.
- Electronic voting for registered shareholders begins on June 21, 2026, via the Tadawulaty service and will remain open until the end of the meeting.
