Red Sea International Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of the Red Sea International Company is pleased to invite The shareholders to attend and vote in the extraordinary General Assembly Meeting (First Meeting), which is scheduled to take place at 07:00 PM on Thursday, 18/06/2026 , corresponding to 03/01/1448 In person at the Company's main headquarters in Riyadh, Al-Thumamah Road, and via modern technology means.
City and Location of the General Assembly's Meeting	In person at the Company's main headquarters in Riyadh, Al-Thumamah Road, and via modern technology means.
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2026-06-18 Corresponding to 1448-01-03
Time of the General Assembly’s Meeting	19:00
Methodology of Convening the General Assembly’s Meeting	Attendance in-person and 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 extraordinary General Assembly meeting shall be valid only if attended by shareholders representing at least (50%) of the Share capital. If such quorum is not attained in the first meeting, a second meeting shall be held one hour after the lapse of time set for the first meeting. The second meeting shall be valid if attended by any number of shareholders representing (25%) of the Share Capital.
General Assembly Meeting Agenda	1. Review of the Board of Directors report for the Financial Year ended on 31 December 2025 and discuss (Attached). 2. Vote on the Independent Auditor Report for the Financial Year ended 31 December 2025 after discussion (Attached). 3. Review the Financial Statements for the Financial Year ending on 31 December 2025 and discuss (Attached). 4. Vote on the appointment of the company’s External Auditor from among the candidates nominated based on the recommendation of the Audit Committee, to review and audit financial statements for the second quarter, third quarter, fourth quarter, and the annual for the financial year 2026, in addition to the first quarter of the financial year 2027 and determine its fees. 5. Vote on the payment of SAR 2,010,000 as remuneration to Board Members for the Financial The year ended on 31 December 2025. 6. Vote on delegating the Ordinary General Assembly’s powers 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 General Assembly’s approval, or until the end of the Board of Directors’ term whichever is earlier, in accordance with the terms stated in the Regulatory Rules and Procedures issued pursuant to the Companies Law related to listed joint-stock companies 7. Voting on releasing the members of the Board of Directors from liability for the fiscal year ended on December 31, 2025 8. Vote on amending Article (4) of the Company’s bylaw, pertaining to Company Purposes (attached).
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 items stated in the meeting Agenda, and to direct questions and all Shareholders registered on Tadawulaty website has the right to vote on the meeting Agenda Items (electronic voting) through the link: www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda	Registered shareholders on Tadawulaty may electronically vote on the agenda items starting from Sunday 01:00 am, 14/06/2026, corresponding to 28/12/1447 and until the General Assembly Meeting adjourns. Registration and voting shall be available free of charge for all shareholders through Tadawulaty services by using the following link: https://www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries	In case of any inquiries, please contact the Investors Relations department on: 0115206767 or Email: ir@redseaintl.com
Additional Information	A shareholder may appoint another person to attend on their behalf under a written proxy, provided that the proxy is neither a member of the Board of Directors nor an employee of the Company. The proxy must be duly attested by one of the following authorities: • The Chamber of Commerce, if the shareholder is a member thereof, or in cases where the shareholder is a corporate entity or establishment; • Any licensed bank or authorized person in the Kingdom, provided that the principal (shareholder) maintains an account with the bank or authorized person performing the attestation; • A notary public or any person licensed to provide notarization services. The shareholder or their proxy must provide the Company with a copy of the proxy at least two (2) days prior to the date of the General Assembly meeting and send it to: IR@redseaintl.com . The proxy is required to present the original proxy document prior to the commencement of the meeting. All shareholders and proxies must present valid identification.
Attached Documents	Attached Documents Attached Documents