| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Marble Design Factory Company is pleased to invite the esteemed shareholders to participate and vote in the Extraordinary General Assembly Meeting, which includes an item to increase the company’s capital (First Meeting). The meeting is scheduled to be held via modern technology means, at 7:00 pm, on Tuesday, 11/06/1447H, corresponding to 02/12/2025G, God willing |
| City and Location of the Extraordinary General Assembly's Meeting | At the company’s headquarters located in Riyadh City, via modern technology means (remotely). |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-12-02 Corresponding to 1447-06-11 |
| Time of the General Assembly’s Meeting | 19:00 |
| 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 | According to Article (41) of the Company’s Articles of Association, the Extraordinary General Assembly meeting shall not be valid unless attended by shareholders representing at least half of the shares with voting rights. If the quorum required for the first meeting is not met, a second meeting shall be held one hour after the end of the period specified for convening the first meeting. In all cases, the second meeting shall be deemed valid if attended by shareholders representing at least one quarter of the shares with voting rights. |
| Meeting Agenda | 1. Vote on the Board of Directors’ recommendation to increase the Company’s share capital through the issuance of bonus shares to the Company’s shareholders as follows: • Share capital before the increase: SAR 60,000,000 • Share capital after the increase: SAR 75,000,000 • Percentage of capital increase: 25% • Number of shares before the increase: 60,000,000 shares • Number of shares after the increase: 75,000,000 shares • Method of capital increase: By capitalizing an amount of SAR 15,000,000 from retained earnings • Bonus share distribution ratio: One (1) bonus share will be granted for every four (4) shares held • Reasons for the increase: To support the Company’s strategic growth plans, meet future expansion requirements and ambitions, and confirm its financial solvency and strong financial position • Amendment of Article (7) of the Company’s Articles of Association related to (Share Capital) (attached) • Amendment of Article (8) of the Company’s Articles of Association related to (Subscription of Shares) (attached) • In the event of approval of this item, the eligibility for the bonus shares shall be for shareholders who own shares on the day of the Extraordinary General Assembly meeting and are registered in the Company’s shareholders register with the Securities Depository Center Company (“Edaa”) at the end of the second trading day following the eligibility date. • In case of fractional shares, they will be collected into one portfolio for all eligible shareholders and sold at the market price. The proceeds will then be distributed to eligible shareholders, each according to their share, within a period not exceeding 30 days from the date the eligible shareholders are determined. 2. Vote on amending Article (4) of the Company’s Articles of Association related to (Company’s Objectives) (attached). |
| Proxy Form | Proxy Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | The esteemed shareholders have the right to discuss the topics listed in the agenda of the Extraordinary General Assembly and to submit their questions. Please note that voting through the “Tadawulaty” service is available free of charge to all shareholders using the following link: http://www.tadawulaty.com.sa. |
| Details of the electronic voting on the Assembly’s agenda | Registered shareholders in the “Tadawulaty” service can vote electronically and remotely on the General Assembly agenda items starting from 1:00 AM on Saturday, 07/06/1447H, corresponding to 28/11/2025G, until the end of the meeting. Registration and voting through the “Tadawulaty” service will be available free of charge to all shareholders using the following link: www.tadawulaty.com.sa. |
| Method of Communication in Case of Any Enquiries | We are pleased to receive your inquiries through the Investor Relations Department via the following contact channels: Phone: 920000988 Email: IR@md.sa |
| Attached Documents | Attached Documents |
