Arabian Drilling Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)

2- Review and discuss the financial statements for the fiscal year ended 31-12-2025

3- To vote on the Company's auditor's report for the fiscal year ended 31-12-2025 after discussing it.

4- To vote on disbursing an amount of (4,076,986.30) riyals as a reward for the members of the Board of Directors and Committees for the fiscal year ended 31-12-2025

5- To vote on authorizing the Board of Directors to distribute interim cash dividends to the shareholders on a biannual basis for the financial year 2026.

6- To vote 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 quarter of the fiscal year ending in 2026, and until the end of the first quarter of the fiscal year ending in 2027, and to determine his fees. (Attached is the Audit Committee's recommendation.)

7- To vote to absolve the members of the Board of Directors from liability for the fiscal year ended on 31-12-2025

8- Voting on the updated Audit Committee Charter. (attached)

9- Voting on delegating the authority of the General Assembly to the Board of Directors as stipulated 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 delegated Board of Directors, whichever is earlier, in accordance with the conditions set forth in the Implementing Regulations of the Companies Law for listed joint stock companies.

10- To vote on the business and contracts executed during the financial year ended 31 December 2025 between the Company and Al Mansouri Petroleum Services Company, in which Board Members Mr. Adel Al Ghadban and Mr. Alaa Dashash (Non Executive Directors) have an indirect interest. These transactions consisted of dealings based on purchase orders for inspection services, supply, and rental of equipment entered between the two companies, without preferential terms, with a total value of SAR 8,912,715.

11- To vote on the business and contracts executed during the financial year ended 31 December 2025 between the Company and Manufacturing and Energy Services Company (TAQA), in which Board Members Mr. Adel Al Ghadban and Mr. Alaa Dashash (Non Executive Directors) have an indirect interest. These transactions consisted of dealings based on purchase orders for the provision of technical services and the supply of equipment entered into between the two companies, without preferential terms, with a total value of SAR 5,689,805. (attached)

12- To vote on the business and contracts executed during the financial year ended 31 December 2025 between the Company and WesternGeco Saudi Arabia, in which Board Members Mr. Tarek Rizk, Mr. Jesus Rios Lamas, and Mr. Ugo Prechner (Non Executive Directors) have an indirect interest. These transactions consisted of dealings based on purchase orders for the provision of technical services between the two companies, without preferential terms, with a total value of SAR 1,005,187. (attached)

13- To vote on the business and contracts executed during the financial year ended 31 December 2025 between the Company and Al Rashid Trading Company, in which Board Members Mr. Tarek Rizk, Mr. Jesus Rios Lamas, and Mr. Ugo Prechner (Non Executive Directors) have an indirect interest. These transactions consisted of dealings for the supply of equipment and spare parts between the two companies, without preferential terms, with a total value of SAR 3,455,670.

(attached)

14- To vote on the business and contracts executed during the financial year ended 31 December 2025 between the Company and Cameron Al Rashid Limited, in which Board Members Mr. Tarek Rizk, Mr. Jesus Rios Lamas, and Mr. Ugo Prechner (Non Executive Directors) have an indirect interest. These transactions consisted of dealings based on purchase orders for the supply of equipment and spare parts between the two companies, without preferential terms, with a total value of SAR 40,818,141. (attached)

15- To vote on the business and contracts executed during the financial year ended 31 December 2025 between the Company and Cameron Middle East (FZE), in which Board Members Mr. Tarek Rizk, Mr. Jesus Rios Lamas, and Mr. Ugo Prechner (Non Executive Directors) have an indirect interest. These transactions consisted of dealings based on purchase orders for the supply of equipment and spare parts between the two companies, without preferential terms, with a total value of SAR 20,819,195. (attached)

16- To vote on the business and contracts executed during the financial year ended 31 December 2025 between the Company and Cameron France S.A.S., in which Board Members Mr. Tarek Rizk, Mr. Jesus Rios Lamas, and Mr. Ugo Prechner (Non Executive Directors) have an indirect interest. These transactions consisted of dealings based on purchase orders for the supply of equipment and spare parts between the two companies, without preferential terms, with a total value of SAR 11,067,888. (attached)

17- To vote on the business and contracts executed during the financial year ended 31 December 2025 between the Company and SLB Kristiansand A.S., in which Board Members Mr. Tarek Rizk, Mr. Jesus Rios Lamas, and Mr. Ugo Prechner (Non Executive Directors) have an indirect interest. These transactions consisted of dealings based on purchase orders for the supply of equipment and spare parts between the two companies, without preferential terms, with a total value of SAR 9,103,218. (attached)

18- To vote on the business and contracts executed during the financial year ended 31 December 2025 between the Company and Schlumberger Rig Technology Inc., in which Board Members Mr. Tarek Rizk, Mr. Jesus Rios Lamas, and Mr. Ugo Prechner (Non Executive Directors) have an indirect interest. These transactions consisted of dealings based on purchase orders for the supply of equipment and spare parts between the two companies, without preferential terms, with a total value of SAR 1,974,966.

(attached)

19- To vote on the business and contracts executed during the financial year ended 31 December 2025 between the Company and Schlumberger Middle East S.A., in which Board Members Mr. Tarek Rizk, Mr. Jesus Rios Lamas, and Mr. Ugo Prechner (Non Executive Directors) have an indirect interest. These transactions consisted of a land drilling rigs contract (daily rate contracts for rigs Nos. 41, 42, 43, 46, 55, 56, 59, 64, 65, 66, and 67) entered between the two companies, without preferential terms, with a total value of SAR 589,551,331. (attached)

20- To vote on the business and contracts executed during the financial year ended 31 December 2025 between the Company and Schlumberger Middle East S.A., in which Board Members Mr. Tarek Rizk, Mr. Jesus Rios Lamas, and Mr. Ugo Prechner (Non Executive Directors) have an indirect interest. These transactions consisted of entering into a Master Secondee Agreement between the two companies, without preferential terms, with a total value of SAR 4,737,713. (attached)

21- To vote on the business and contracts executed during the financial year ended 31 December 2025 between the Company and Schlumberger Middle East S.A., in which Board members Mr. Tarek Rizk, Mr. Jesus Rios Lamas, and Mr. Ugo Prechner (Non-Executive Directors) have an indirect interest. These transactions consist of the execution of purchase order transactions for the supply of equipment and spare parts between the two companies, conducted without preferential terms, with a total value of SAR 2,716,875.

(attached)

http://www.tadawulaty.com.sa

Phone: 966138297022+

Email: ir@arabdrill.com