| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Axelerated Solutions for Information and Communication Technology Co. is pleased to invite the Company’s esteemed shareholders to participate and vote in the Ordinary General Assembly Meeting (First Meeting), which will be held, God willing, at 19:00 PM on Wednesday, 17/12/1447H corresponding to 03/06/2026AD, in person at the Company’s headquarters and via modern technology means through the Tadawulaty system platform. |
| City and Location of the General Assembly's Meeting | In person at the Company’s headquarters located in Al Mohammadiyah District, Riyadh City – King Abdullah Bin Abdulaziz Branch Road – or via modern technology means. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2026-06-03 Corresponding to 1447-12-17 |
| 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 | In accordance with Article (25) of the Company’s Articles of Association, the quorum required for convening an Ordinary General Assembly meeting shall be the attendance of shareholders representing at least twenty-five percent (25%)of the Company’s voting shares. If the required quorum is not met, a second meeting shall be convened one hour after the lapse of the period specified for the first meeting. The second meeting shall be deemed valid regardless of the number of shares represented therein. |
| General Assembly Meeting Agenda | 1. Review and discuss the Board of Directors’ report for the fiscal year ended 31/12/2025AD. (attached). 2. Vote on the Auditor’s Report for the fiscal year ended 31/12/2025 AD, after discussion (attached). 3. Review and discuss the financial statements for the financial year ended 31/12/2025AD. (attached). 4. Voting on the Board of Directors’ recommendation to distribute cash dividends for the second half of 2025 amounting to SAR 11,200,000, at SAR 0.40 per share, to shareholders owning shares by the end of trading on the date of the General Assembly Meeting and registered in the shareholders register maintained by the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date, provided that dividend distribution shall commence on Wednesday, 17/06/2026AD. 5. Voting on discharging the members of the Board of Directors from liability for the financial year ended 31 December 2025AD. 6. Vote on the payment of an amount of SAR 580,000 as remuneration to the members of the Board of Directors for the fiscal year ended 31/12/2025AD. 7. Vote on authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the financial year 2026AD. 8. Vote on appointing the Company’s external auditor from among the candidates based on the Audit Committee recommendation, to review, examine, and audit the financial statements for the second and third quarters, and the annual financial statements for the fisical year ending in 31/12/ 2026AD and the first quarter of the financial year 2027AD, and determine their fees. (attached). |
| Proxy Form | Proxy Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Respected shareholders have the right to discuss the items listed on the agenda of the General Assembly and to direct questions to the members of the Board of Directors. Please note that registration and voting through Tadawulaty system platform are available free of charge to all shareholders via the following link: http://tadawulaty.com.sa. |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulaty system platform may vote remotely and electronically on the items of the General Assembly agenda starting from 1:00 AM on Saturday, 13 /03/ 1447H corresponding to 30 May 2026AD until the end of the Assembly Meeting time. Please note that Registration and voting through Tadawulaty system platform are available free of charge to all shareholders via the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | We are pleased to receive your inquiries by contacting Shareholder Relations via the following communication methods: Phone: 0112845700 ext. 799-730 or email: bod@axs.sa |
| Attached Documents | Attached Documents Attached Documents Attached Documents |
