Saudi Company for Hardware Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of the Saudi Company for Hardware (SACO) is pleased to invite the honorable shareholders to attend the General Assembly Meeting (the first meeting), which is scheduled to be held via modern technology, God willing, at exactly 08:00 PM on Wednesday, June 17, 2026.
City and Location of the General Assembly's Meeting	The company's headquarters in Riyadh - through modern technology
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2026-06-17 Corresponding to 1448-01-02
Time of the General Assembly’s Meeting	20:00
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 General Assembly meeting is valid if it is attended by shareholders representing at least a quarter of the capital. If there is no quorum for this meeting, the second meeting will be held one hour after the expiry of the duration of the first meeting, and the second meeting shall be valid regardless of the number of shares represented in it.
General Assembly Meeting Agenda	1- Voting on the election of the Board of Directors members from among the candidates for the upcoming term, which commences on 20/07/2026 for a duration of three years, expiring on 19/07/2029 (Candidates' CVs are attached). 2- Reviewing the Board of Directors’ report for the financial year ending 31/12/2025 AD and discussing it. 3- Review and discuss the Company’s financial statements for the fiscal year ending on 31/12/2025. 4- To discuss and vote on the Auditor’s Report for the fiscal year ending on 31/12/2025. 5- Voting on appointing the company’s auditor from the candidates based on the recommendation of the Audit Committee, to examine, review and audit the financial statements for the second quarter, the third quarter, and the annual of the fiscal year 2026 AD, and the first quarter of the fiscal year 2027 AD and determine his fees. 6- Voting on authorizing the Board of Directors to distribute interim dividends semi-annually or quarterly for the fiscal year 2026. 7- Voting on paying an amount of SAR 1,800,000 as remuneration to the Board members for the fiscal year ending on 31/12/2025. 8- Voting on the discharge of the members of the Board of Directors for the fiscal year ended 31/12/2025.
Proxy Form	Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Honorable shareholders have the right to discuss the topics included in the agenda of the Ordinary General Assembly and ask questions. Shareholders registered in Tadawulaty services can vote remotely electronically on the items of the assembly starting from 1:00 a.m. on Saturday 13-06-2026 until the end of the assembly.
Details of the electronic voting on the Assembly’s agenda	Registering for Tadawulaty Service and voting are free for all shareholders. https://login.tadawulaty.com.sa/
Method of Communication in Case of Any Enquiries	If any inquiries to please contact the Investor Relations Department through one of the following means Tel: 0114993500 Email: investors@saco-ksa.com.
Attached Documents	Attached Documents