The Board of Directors of Thimar Development Holding Company invites shareholders to attend the Ordinary General Assembly Meeting (First Meeting) in person and via modern technology.

Thimar Development Holding Company has invited shareholders to an Ordinary General Assembly meeting on July 6, 2026, to be held in person in Riyadh and virtually via the Tadawulaty system.
Shareholders will vote on authorizing the Board of Directors to refile liability lawsuits against former board and executive management members for alleged violations occurring between March 6, 2017, and July 3, 2021.
The agenda also includes a vote on authorizing legal action against former leadership for violations committed between January 22, 2014, and May 13, 2026, to protect the rights of the company and its shareholders.
Electronic voting begins on July 2, 2026, and the meeting requires a quorum of 25% of voting shares to proceed.

Element List	Explanation
Introduction	The Board of Directors of Thimar Development Holding Company is pleased to invite the esteemed shareholders to participate and vote in the first meeting scheduled to be held at 6:30 PM on Monday, July 6, 2026, in person and via modern technology, in Riyadh, Al-Shuhada District, Mohammed Ali Jinnah Road, Building No. 3808, First Floor, and also via modern technology using the Tadawulaty system
City and Location of the General Assembly's Meeting	The company's headquarters are located in Riyadh – Al-Shuhada District – Mohammed Ali Jinnah Road – Building No. 3808, First Floor. In-person and online services are available through the Tadawulaty platform. Company Location: https://maps.app.goo.gl/juDBkq2F2CCEaxwi7
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2026-07-06 Corresponding to 1448-01-21
Time of the General Assembly’s Meeting	18:30
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	According to Article (32) of the company's Articles of Association, this meeting shall be valid with the attendance of those representing at least one-quarter of the company's shares that have voting rights. In the event that the quorum required for holding the first meeting is not met, the second meeting shall be held one hour after the scheduled end time of the first meeting, and the second meeting shall be valid regardless of the number of shares represented therein
General Assembly Meeting Agenda	1- Voting on authorizing the Board of Directors to refile liability lawsuits against former Board members and former executive management members for the period from March 6, 2017, to July 3, 2021, regarding any violations committed during their membership or employment with the company, and to take all necessary legal measures in this regard, and to file any subsequent lawsuits regarding any violations they committed during their membership or employment with the company, whether those violations contravene the provisions of the Companies Law, the Capital Market Law and its implementing regulations, and any other relevant applicable laws and regulations, in order to ensure the protection of the rights of the company and its shareholders. 2- Voting on authorizing the Board of Directors to file a lawsuit or other lawsuits related to any violations committed by former members of the Board of Directors and members of the executive management, for the period from January 22, 2014 to May 13, 2026, regarding any violations during their membership or work in the company, and to take all necessary regulatory measures in this regard, and to file any subsequent lawsuits regarding any violations they committed during their membership or work in the company, whether those violations were in violation of the provisions of the Companies Law, or the Capital Market Law and its implementing regulations, and any of the relevant applicable laws and regulations, in a manner that ensures the protection of the rights of the company and its shareholders
Proxy Form	Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	The right to register attendance at the general assembly meeting ends at the start of the meeting. Similarly, the right to vote on the meeting's agenda items ends when the vote-counting committee completes its work
Details of the electronic voting on the Assembly’s agenda	Shareholders registered on the Tadawulaty services website can vote remotely on the General Assembly's agenda items starting at 1:00 AM on July 2, 2026, until the end of the General Assembly meeting. Therefore, we invite all company shareholders to participate and vote remotely by visiting the Tadawulaty website: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries	Each shareholder has the right to discuss the topics included in the General Assembly's agenda and to ask questions about them. If there are any inquiries regarding the agenda items, shareholders can contact the Shareholder Relations Department during official working hours from 8:00 AM to 3:00 PM by phone at 0591616638 or by email at thimarshareholders@thimar.com.sa. Company Address: http://www.thimar.com.sa/ Company Location: https://maps.app.goo.gl/juDBkq2F2CCEaxwi7
Additional Information	NIL