| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of the Time Entertainment Company is pleased to invite its shareholders to participate and vote in the Ordinary General Assembly Meeting (First meeting) scheduled to be on (Tuesday), 15/01/1448H, corresponding to 30/06/2026G at 06:30 PM, by means of modern technology. |
| City and Location of the General Assembly's Meeting | Riyadh, by means of modern technology. |
| 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 | 18:30 |
| 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 Company Shareholders Registry in the Securities Depository Centre Company (Edaa) at the End of the Trading Session Preceding the Ordinary General Assembly’s Meeting as per Laws and Regulations. The Eligibility for Registering the Attendance of the Meeting ends upon convening the Meeting. As well as the eligibility for voting on the Meeting Agenda items for the shareholders who attended ends upon the Counting Committee Concluding the voting count |
| Quorum for Convening the General Assembly's Meeting | As per Article (35) of the Company’s bylaw, the Ordinary General Assembly Meeting shall be valid only if attended by shareholders representing at least quarter of the Company shares having voting rights. |
| General Assembly Meeting Agenda | 1. Reviewing and discussing the Board of Director’s Report for the fiscal year ending on 31 December 2025G 2. Reviewing and discussing the financial statements for the fiscal year ending on 31 December 2025G. 3. Voting on the Company’s External Auditor report for the fiscal year ending on 31 December 2025G after discussing it. 4. Voting on the appointment of the external auditors among the candidates based on the Audit Committee's recommendation. The appointed auditors shall examine, review and audit the annual financial statements of the fiscal year 2026G, in addition to the first half of 2027G, along with determining their fees. 5. Voting on authorizing the Board of Directors to distribute interim dividends on a biannual or quarterly basis for the fiscal year 2026G. 6. Voting on delegating the Board of Directors the power of license included in paragraph (1) of Article (27) of the Companies Law, for one year from the date of approval of the General Assembly or until the end of the Board of Directors’ term whichever precedes, in accordance with the Implementing Regulation of the Companies Law for Listed Joint Stock Companies. 7. Voting on discharging the Members of the Board members from any liabilities for the fiscal year 2025G. 8. Voting on paying an amount of (336,000) Riyals as remuneration to the Board members for the fiscal year ending on 31 December 2025G. |
| Proxy Form | Proxy Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | The attending shareholders are also entitled to discuss the agenda and ask questions. |
| Details of the electronic voting on the Assembly’s agenda | All shareholders who are registered on Tadawulaty will be able to remotely vote on the GA agenda items which shall commence at 01:00 A.M on (Friday), 11/01/1448H, corresponding to 26/06/2026G and continue until the end of the General Assembly. The registration and voting in Tadawulaty services will be available for all shareholders free of charge through the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | For inquiries please contact the Investors Relations Department during official working hours on telephone no. 0114442224 or by email: ir@time-entertainment.com |
| Attached Documents | Attached Documents |
The Board of Directors of Time Entertainment Company invites its shareholders to attend the Ordinary General Assembly Meeting (first meeting) by means of modern technology.
AI Summary
- Time Entertainment Company will hold its Ordinary General Assembly Meeting virtually on June 30, 2026, at 06:30 PM.
- Key agenda items include reviewing the Board of Director’s report and financial statements for the fiscal year ending December 31, 2025.
- Shareholders will vote on authorizing the Board to distribute interim dividends for the 2026 fiscal year and approving SAR 336,000 in Board remuneration for FY 2025.
- The meeting will also cover the appointment of external auditors for FY 2026 and the first half of 2027, with electronic voting beginning on June 26, 2026.
Attachments
