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Element List	Explanation
Introduction	The Board of Directors of Atlas Elevators General Trading and Contracting Co. is pleased to invite its esteemed shareholders to participate and vote in the Extraordinary General Assembly Meeting regarding the increase of the company's capital (first meeting), scheduled to be held via modern technology, God willing, at 7:45 PM on Thursday, 03/01/1448 AH, corresponding to 18/06/2026 AD.
City and Location of the Extraordinary General Assembly's Meeting	At the company's headquarters located in Riyadh - Eastern Ring Road - Al Quds District, using modern technology.
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	19:45
Methodology of Convening the General Assembly’s Meeting	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 the regulations and bylaws. The right to register attendance for the General Assembly meeting ends at the time of the meeting, and the right to vote on the items of the General Assembly for those present ends when the counting committee finishes counting the votes.
Quorum for Convening the General Assembly's Meeting	According to Article (35) of the company’s Articles of Association, an extraordinary general meeting shall not be valid unless it is attended by shareholders representing at least half of the company’s shares that have voting rights. If this quorum is not met at the first meeting, the second meeting shall be held one hour after the end of the time specified for holding the first meeting. In all cases, the second meeting shall be considered valid if it is attended by a number of shareholders representing at least a quarter of the company’s shares that have voting rights.
Meeting Agenda	1. Voting on the Board of Directors' recommendation to increase the company's capital by issuing bonus shares to the company's shareholders as follows: • Capital before the increase: SAR 60,000,000 • Capital after the increase: SAR 90,000,000 • Percentage increase in capital: 50% • Number of shares before the increase: 6,000,000 shares • Number of shares after the increase: 9,000,000 shares. • Method of Funding the Increase: By capitalizing SAR 12,700,000 (twelve million seven hundred thousand riyals) from the share premium balance and SAR 17,300,000 (seventeen million three hundred thousand riyals) from retained earnings. • Increase Rate per Share: One (1) bonus share will be granted for every two (2) existing shares held by shareholders. • Reasons for the Increase: To strengthen the strategic growth plan, meet future expansion needs and aspirations, and affirm the company's financial soundness and strong financial position. • Amendment to Article (7) of the Company's Articles of Association related to (Capital). (Attached) • Amendment to Article (8) of the Company's Articles of Association related to (Share Subscription). (Attached) • If the item is approved, the entitlement date for bonus shares will be for shareholders registered in the company's shareholder register at the Securities Depository Center Company (Depository Center) at the end of the second trading day following the entitlement date. • In the event of fractional shares, they will be consolidated into a single portfolio for all shareholders, sold at market price, and the proceeds distributed to eligible shareholders according to their respective entitlements, within a period not exceeding 30 days from the date of determining the shares due to each shareholder. • Shares registered on the Extraordinary General Assembly meeting date and registered in the company's shareholder register at the end of the second trading day following the entitlement date. • Shares registered at the end of the second trading day following the entitlement date will be for shareholders who own shares in the Extraordinary General Assembly meeting. • In the event of fractional shares, they will be consolidated into a single portfolio for all shareholders, sold at market price, and the proceeds distributed to eligible shareholders according to their respective entitlements, within a period not exceeding 30 days from the date of determining the shares due to each shareholder. 2. Voting on the Board of Directors’ proposal to extend the period of holding treasury shares for an additional (18) months, which was previously approved by the Extraordinary General Assembly held on 22/08/1445 AH corresponding to 03/03/2024 AD, and holding them as treasury shares for a period of (24) months from the date of the Assembly’s approval until 02/03/2026 AD. The company will hold the purchased shares for a maximum of (18) additional months starting from the date of expiry until 02/09/2027 AD, in accordance with Article (24) of the Executive Regulations of the Companies Law for listed companies. After the expiry of this period, the company will follow the procedures and controls stipulated in the relevant regulations and bylaws.
Proxy Form	Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Shareholders are entitled to discuss the topics on the agenda of the Extraordinary General Assembly and to ask questions. Voting through the Tadawulaty platform 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	Shareholders registered with Tadawulaty services can vote electronically and remotely on the General Assembly's agenda items starting at 1:00 AM on Sunday, December 28, 1447 AH (June 14, 2026), until the end of the General Assembly meeting. Registration and voting through Tadawulaty services 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 welcome your inquiries through our Shareholder Relations department via the following channels: Phone: +966 920000259 Email: info@atlaslifts-sa.net
Attached Documents	Attached Documents

Atlas Elevators General Trading and Contracting Co. calls its shareholders to attend the Extraordinary General Assembly meeting which include the Increase of the company’s capital ( First Meeting )