| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of National Gypsum Company is pleased to invite the valued shareholders to participate and vote in the Extraordinary General Assembly Meeting (Third Meeting), which is scheduled to be held via modern technology means on Tuesday, 24/02/2026 AD, corresponding to 07/09/1447 AH. |
| City and Location of the General Assembly's Meeting | Through modern technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2026-02-24 Corresponding to 1447-09-07 |
| Time of the General Assembly’s Meeting | 20:30 |
| 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 | The Extraordinary General Assembly Meeting (Third Meeting) shall be valid regardless of the number of shares represented. |
| General Assembly Meeting Agenda | 1. Voting on amending the Company’s Articles of Association to comply with the new Companies Law, and rearranging and renumbering the articles to align with the proposed amendments. (Attached) 2. Voting on transferring an amount of SAR 64,234,323 from the statutory reserve as shown in the financial statements to offset the accumulated losses amounting to SAR 64,234,323, as per the financial statements as of 30/09/2025. (Attached) 3. Voting on transferring an amount of SAR 30,765,675 from the statutory reserve as shown in the financial statements as of 30/09/2025 to the retained earnings account. 4. Voting on transferring an amount of SAR 3 from the statutory reserve as shown in the financial statements as of 30/09/2025 to the paid-up capital, so that the Company’s capital becomes SAR 316,666,670, with a nominal value of SAR 10 per share and a total number of 31,666,667 shares. 5. Voting on amending the Audit Committee Charter. (Attached) 6. Voting on amending the policy, standards, and procedures governing membership of the Board of Directors. (Attached) 7. Voting on amending the Remuneration and Nomination Committee Charter. (Attached) 8. Voting on amending the Remuneration Policy for the members of the Board of Directors, its subcommittees, and executive management. (Attached) 9. Voting on approving the policy and controls for engaging in competing businesses. (Attached) |
| Proxy Form | Proxy Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Every shareholder has the right to discuss the topics listed on the agenda of the assembly and to ask questions, noting that voting in the Tadawulaty service is free for all shareholders using the following link: (http://tadawulaty.com.sa) |
| Details of the electronic voting on the Assembly’s agenda | Registered shareholders in Tadawulaty services may also vote remotely on the agenda items starting from 1:00 a.m. on Saturday, 21/02/2026 AD, and voting will end at the conclusion of the General Assembly meeting. |
| Method of Communication in Case of Any Enquiries | If you have Any inquiry related to the articles of the assembly please contact at 011/4641963 or via Email : ngc@gypsco.com.sa |
| Attached Documents | Attached Documents Attached Documents Attached Documents |
