Shalfa Utilities Management Company’s Board of Directors Invites Shareholders to Attend the Ordinary General Assembly Meeting (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of Shelfa Facilities Management Company is pleased to invite the esteemed shareholders to participate and vote in the Ordinary General Assembly Meeting (the first meeting), which is scheduled to be held in person and through modern technology means, God willing, at 19:50 on Tuesday, 15/01/1448 AH, corresponding to 30/06/2026 AD
City and Location of the General Assembly's Meeting	At the company's main headquarters located in Riyadh – Al Malqa District – Prince Mohammed bin Saad bin Abdulaziz Road - Short national address: RRMB8370) https://maps.app.goo.gl/BRa2tWgnzR5RKN9JA?g_st=iw As well as through modern technology means
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2026-06-30 Corresponding to 1448-01-15
Time of the General Assembly’s Meeting	19:50
Methodology of Convening the General Assembly’s Meeting	Attendance in-person and via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End	The right to attend is for shareholders registered in the company's shareholder register at the 'Depository Center' at the end of the trading session preceding the general assembly meeting, in accordance with regulations and rules. A shareholder has the right to delegate someone of their choice who is not a member of the company's board of directors. The right to register attendance at the general assembly meeting ends at the time the meeting is convened, and the right to vote on the assembly's items for those present ends when the counting committee finishes counting the votes
Quorum for Convening the General Assembly's Meeting	According to Article (33) of the company's bylaws, the ordinary general assembly meeting shall not be valid unless attended by shareholders representing at least one-quarter of the company's shares that carry voting rights. If this quorum is not present at the first meeting, the second meeting shall be held one hour after the end of the period specified for convening the first meeting, and in all cases, the second meeting shall be considered valid regardless of the number of shares carrying voting rights represented therein
General Assembly Meeting Agenda	Voting on approving the external auditor’s report for the financial year ended on 31 December 2025, after it has been discussed. 2. Noting and discussing the Board of Directors’ report for the financial year ended on 31 December 2025. 3. Noting and discussing the Company’s financial statements for the financial year ended on 31 December 2025. 4. Voting on approving granting discharge to the members of the Board of Directors for the financial year ended on 31 December 2025. 5. Voting on appointing the external auditor of the Company from among the nominees, based on the recommendation of the Audit Committee, to examine, review, and audit the interim financial statements for Q1, Q2, and Q3 of the financial year 2026, and the annual financial statements for the year ended on 31/12/2026, and determining their fees. 6. Voting on authorizing the Board of Directors to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the financial year ended on 31 December 2026. 7. Voting on authorizing the Board of Directors with the authority of the Ordinary General Assembly under the authorization stated in Clause (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of approval by the Ordinary General Assembly, or until the end of the term of the authorized Board of Directors, whichever comes first, in accordance with the conditions set out in the Executive Regulations of the Companies Law for listed joint-stock companies. 8. Voting on the businesses and contracts concluded between the Company and Shalfa Facilities Management Company, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (payments on behalf of the Company), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (483,016) riyals (debit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 9. Voting on the businesses and contracts concluded between the Company and Shalfa Facilities Management Company, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (payments to the Company), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (141,042) riyals (credit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 10. Voting on the businesses and contracts concluded between the Company and Shalfa Facilities Management Company, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (transfers), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (9,231,941) riyals (debit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 11. Voting on the businesses and contracts concluded between the Company and Shalfa Facilities Management Company, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (services), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (11,587,854) riyals (credit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 12. Voting on the businesses and contracts concluded between the Company and Shalfa Global Security Services Foundation, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (payments on behalf of the Company), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (142,795) riyals (debit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 13. Voting on the businesses and contracts concluded between the Company and Shalfa Global Security Services Foundation, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (transfers), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (9,000,000) riyals (debit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 14. Voting on the businesses and contracts concluded between the Company and Shalfa Global Security Services Foundation, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (services), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (5,200,714) riyals (credit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 15. Voting on the businesses and contracts concluded between the Company and Bayt Al-Khibrah for Engineering Consulting Company, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (payments on behalf of the Company), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (11,877) riyals (debit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 16. Voting on the businesses and contracts concluded between the Company and Bayt Al-Khibrah for Engineering Consulting Company, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (payments to the Company), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (415,116) riyals (credit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 17. Voting on the businesses and contracts concluded between the Company and Bayt Al-Khibrah for Engineering Consulting Company, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (transfers), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (1,052,432) riyals (debit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 18. Voting on the businesses and contracts concluded between the Company and Bayt Al-Khibrah for Engineering Consulting Company, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (services), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (449,888) riyals (debit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 19. Voting on the businesses and contracts concluded between the Company and Bayt Al-Khibrah First Limited Company, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (payments to the Company), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (98,042) riyals (credit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 20. Voting on the businesses and contracts concluded between the Company and Madfooh Limited Company, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (payments on behalf of the Company), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (16,215) riyals (debit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 21. Voting on the businesses and contracts concluded between the Company and Madfooh Limited Company, in which both the Chairman (Mr. Abdullah Mohammed Al-Ibrahim) and the Vice Chairman (Mr. Fahd Mohammed Al-Ibrahim) have an indirect interest, consisting of transactions (transfers), which are not for a fixed term; noting that the value of transactions during 2025 amounts to (663,097) riyals (credit transactions). These transactions are carried out within the ordinary course of business and in accordance with the prevailing commercial terms, without any preferential terms (attached). 22. Voting on amending the charter/policy and remuneration standards for members of the Board of Directors and the committees emanating therefrom, and the Executive Management (attached). 23. Voting on the Risk Management Committee charter (attached). 24. Voting on the Nominations and Remuneration Committee charter (attached). 25. Voting on the participation of Board member Professor Sultan Abdulaziz Al-Dubel in a business that competes with the Company’s business (attached)
Proxy Form	Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Honorable shareholders have the right to discuss the topics listed on the agenda of the ordinary General Assembly and to ask questions, noting that voting through Tadawulaty services is available for free 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 Tadawulaty services can vote remotely online on the general assembly's agenda items starting from 1:00 AM on Friday, 11/01/1448 AH corresponding to 26/06/2026 AD until the end of the assembly session. Registration and voting through Tadawulaty services will be available and free for 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 by contacting the Shareholder Relations through the following communication channels: The following phone numbers: 00966550561888 00966590501944 or Email: A.IR@shalfaintl.com.sa a.hrm@ehec.com.sa
Attached Documents	Attached Documents Attached Documents