Saudi Vitrified Clay Pipes Co. calls its shareholders to attend the Extraordinary General Assembly meeting which include the Increase of the company’s capital ( First Meeting )

Element List	Explanation
Introduction	Introduction The Board of Directors of Saudi Vitrified Clay Pipes Company (SVCP) is pleased to invite the esteemed shareholders to participate and vote in the Extraordinary General Assembly Meeting, which includes the capital increase (First Meeting). The meeting will be held via modern technology on Sunday 14/06/2026 corresponding to 28/12/1447H at 19:15.
City and Location of the Extraordinary General Assembly's Meeting	Via modern technology from the Company’s head office at Al-Aqarieh 60 – Al-Malaz – Riyadh, through the Tadawulaty system.
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2026-06-14 Corresponding to 1447-12-28
Time of the General Assembly’s Meeting	19:15
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	In accordance with Article (32) of the Company’s Bylaws, the Extraordinary General Assembly meeting shall be valid only if attended by shareholders representing at least half of the Company’s capital. If the quorum is not met, a second meeting will be held one hour after the scheduled time of the first meeting. The second meeting shall be valid if attended by shareholders representing at least one quarter of the capital.
Meeting Agenda	1. Voting on the increase of the Company’s capital by a total amount of SAR (80,000,000) to address accumulated losses amounting to (50%) of its capital and to continue the Company’s operations in accordance with Article (132) of the Companies Law. The increase will be through a rights issue of (8,000,000) shares, in line with the capital increase structure (attached: prospectus, Board recommendation, and auditor’s report regarding the Company’s financial position). Details of the Capital Increase: Capital before increase: (150,000,000) SAR Number of shares before increase: (15,000,000) shares Increase percentage: 53.33% Increase amount: (80,000,000) SAR Type of increase: Rights issue Number of new shares: (8,000,000) shares Capital after increase: (230,000,000) SAR Number of shares after increase: (23,000,000) shares Reason for Capital Increase: To address accumulated losses and support the Company’s growth strategy by diversifying its products through expansion into cement products at Saudi Land Factory, and the high-density plastic products factory, where production lines are currently being installed, in addition to supporting operational activities and strengthening the financial position. • Amendment of Article (7) of the Company’s Bylaws relating to capital (attached: article text before and after amendment). • Amendment of Article (8) of the Company’s Bylaws relating to subscription shares (attached: article text before and after amendment). Entitlement to Rights Issue Shares: In the event of approval of this item, entitlement to the rights issue shares shall be for shareholders owning shares on the day of the Extraordinary General Assembly meeting who are registered in the Company’s shareholders register at the Securities Depository Center (Edaa) by the end of the second trading day following the date of the Extraordinary General Assembly meeting. 2. Voting on the amendment of Article (20) of the Company’s Bylaws relating to the powers of the Board of Directors. 3. Voting on the amendment of Article (27) of the Company’s Bylaws relating to additional powers of the Board of Directors. 4. Voting on the appointment of Mr. Saleh bin Badr Al Sanea as an independent member of the Board of Directors, effective from 04/01/2026, to complete the current Board term ending on 18/10/2026, replacing the former member Dr. Muayyad bin Isa Al-Qartas (non-executive Board member and member of the Audit Committee), with the CV attached in accordance with the approved form of the Capital Market Authority.
Proxy Form	Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Each shareholder has the right to discuss the items on the agenda and raise questions. Registration and voting via Tadawulaty services are available free of charge through the following link: www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda	Electronic voting starts at 01:00 AM on Thursday 11/06/2026 and continues until the end of the General Assembly meeting.
Method of Communication in Case of Any Enquiries	For any inquiries, please contact the Shareholders Relations Department: Tel: 0114769192 Fax: 0114782458 Email: svcp@svcp-sa.com
Attached Documents	Attached Documents Attached Documents Attached Documents Attached Documents