| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Mouwasat Medical Services Co. is pleased to invite the honorable shareholders to participate and vote in the Ordinary General Assembly Meeting (First Meeting), which is scheduled to be held, God willing, at 06:30 pm on Monday 04/05/2026 through means of modern technology. |
| City and Location of the General Assembly's Meeting | Through modern technology from the company's headquarters – Dammam |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2026-05-04 Corresponding to 1447-11-17 |
| Time of the General Assembly’s Meeting | 18:30 |
| 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 | According to the Article No. (34) of the Company's Bylaw, the ordinary general assembly meeting shall be valid if attended by shareholders representing at least a quarter of the capital, and if the quorum is not available in the first meeting, the second meeting will be held an hour after the end of the period specified for the first meeting, and the second meeting shall be valid, regardless of the number of shares represented in it. |
| General Assembly Meeting Agenda | 1- To review and discuss the Board of Directors’ report for the fiscal year ended December 31,2025. 2- Voting on the auditor report on the Company’s accounts for the fiscal year ended December 31,2025 after discussing it. 3- To review and discuss the financial statements for the fiscal year ended December 31,2025. 4- Voting on appointing the Auditor for the Company from among nominees based on the Audit Committee’s recommendation. The appointed auditor shall examine, review, and audit the (second and third) quarter and annual financial statements, of the fiscal year 2026, and the first quarter of fiscal year 2027, and the determination of the auditor’s fees. 5- Voting on the Board’s recommendation to distribute cash dividends amounting to SR 225 million to the shareholders for the second half of the fiscal year 2025 at SR 1,125 per share representing 11,25% of the nominal value of the share. Provided that the entitlement is for shareholders holding the shares by the end of the trading day of Assembly date, and who are registered in the Company's Shareholders Registry held with the Security Depository Center Company (Edaa) at the end of the second trading day following the entitlement date, Dividends will be distributed within 15 working days of the entitlement date. 6- Voting on the business and contracts that will be concluded for the fiscal year ending on 31/12/2026 between the Company and Mouwasat International Co. Limited, in which the Board members Mr. Mohammed Sultan Al Subaie (Non-Executive Member) and Mr. Nasser Sultan Al Subaie (Executive Member) have a direct interest, and the Board member Mr. Khalid Suleiman Al Saleem (Executive Member) has an indirect interest, and the nature of transaction is a procurement contracts and other services according to the Company's procurement system without preferential terms with an estimated value of SR 3,000,000, noting that the value of transactions for the fiscal year ended on 31/12/2025 amounted to SR 2,896,408. (Attached) 7- Voting on the business and contracts that will be concluded for the fiscal year ending on 31/12/2026 between the Company and Mouwasat International Co. Limited, in which the Board members Mr. Mohammed Sultan Al Subaie (Non-Executive Member) and Mr. Nasser Sultan Al Subaie (Executive Member) have a direct interest, and the Board member Mr. Khalid Suleiman Al Saleem (Executive Member) has an indirect interest, and the nature of transaction is for medical and pharmaceutical supplies in accordance with the Company's procurement system without preferential terms with an estimated value of SR 20,000,000, noting that the value of transactions for the fiscal year ended on 31/12/2025 amounted to SR 17,388,744. (Attached) 8- Voting on the business and contracts for the financial year ending on 31/12/2025 between the Company and Mouwasat International Co. Limited, in which the Board members Mr. Mohammed Sultan Al Subaie (Non-Executive Member) and Mr. Nasser Sultan Al Subaie (Executive Member) have a direct interest, and the Board member Mr. Khalid Suleiman Al Saleem (Executive Member) has an indirect interest with value of SR 6,616,653, and the nature of transaction is for tickets and tourism and travel services according to the Company's system without preferential terms, noting that the contract ended on 31 May 2025. (Attached) 9- Voting on the business and contracts that will be concluded for the fiscal year ending on 31/12/2026 between the Company and Advision for trading Est., in which the Board member Mr. Khalid Suleiman Al Saleem (Executive Member) has a direct interest, and the nature of transactions are of advertising and marketing related in accordance with the Company's procurement system without preferential terms with an estimated value of SR 30,000,000 , noting that the value of transactions for the fiscal year ended on 31/12/2025 amounted to SR 27,533,945. (Attached) 10- Voting on authorizing the Board of Directors to distribute interim dividends to the Company’s shareholders on a semi-annual or quarterly basis for the fiscal year 2026. 11- Voting on to release Board members from liability for the period ended 31st of December 2025. |
| Proxy Form | Proxy Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | The shareholder has the right to discuss the topics on the General Assembly’s agenda and direct questions related to the Assembly’s Agenda to the members of the Board of Directors. Note that voting on the Tadawulaty platform is available free of charge to all shareholders using the following link: https://tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulaty services can vote electronically remotely on the items of the General Assembly starting from 1:00 am on Thursday 13/11/1447H corresponding to 30/04/2026 until the end of the General Assembly time. |
| Method of Communication in Case of Any Enquiries | For inquiries, shareholder relationships can be contacted by: Phone: +966138200016 Ext. 119 or 114 Fax: +966138200014 E-mail: Shares@mouwasat.com P.O. Box: 7011 Dammam 31462 |
| Attached Documents | Attached Documents |
