| Element List | Explanation |
|---|---|
| Introduction | The board of Directors of (thimar Development Holding Company) is pleased to invite distinguished shareholders to participate and vote at the first meeting scheduled to be held at 7.00 pm on Thursday on 22-01-2026 ad (in person and through technical means) using the tadawulaty system |
| City and Location of the Extraordinary General Assembly's Meeting | In presence and through modern technical means, in Riyadh-Al-Shuhada district-Mohammed Ali Jinnah Road-Building No. 3808, first floor, as well as through modern technical means using the tadawulaty system Company website: https://maps.app.goo.gl/juDBkq2F2CCEaxwi7 |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2026-01-22 Corresponding to 1447-08-03 |
| 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 | According to Article (33) of the company's articles of association, this meeting shall be valid in the presence of those representing half of the company's shares that have at least voting rights, and in case the quorum required to hold the first meeting is not completed, the second meeting will be held one hour after the expiration of the period specified for holding the first meeting, and the second meeting shall be valid in the presence of those representing a quarter of the company's shares that have at least voting rights |
| Meeting Agenda | Voting on the recommendation of the board of directors to increase the company's capital by offering priority rights shares in accordance with the following: Percentage of capital increase: 300 % The reason for the capital increase: the implementation of the financial regulation plan to ensure the continuity and growth of the company Ways to increase the capital: by offering priority rights shares in the number of 19,500,000 ordinary shares worth SAR 195,000,000 with a share value of SAR (10) Rate of increase per share: three shares per common share The total amount of the increase is (195,000,000) SAR - Amendment of Article (7) of the company's bylaws, related to (capital). (Attached) - Amendment of Article (8) of the company's bylaws, related to (subscription in shares). (Attached) Eligibility date: if this item is approved, the eligibility will be for shareholders owning shares at the end of the day of the Extraordinary General Assembly registered in the company's shareholders register with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the date of the Extraordinary General Assembly. 2-voting on the amendment of Article 17 of the articles of association by reducing the number of members of the board of directors from )07) members to (05) members as of the next session according to the annex 3-voting on the amendment of the remuneration policy for the board, its committees and the executive management according to the annex. By reducing the remuneration of members of the council and its committees |
| Proxy Form | Proxy Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | The eligibility to register attendance for the Association meeting expires at the time of the Association meeting. The right to vote on the items of the Assembly for those present expires when the counting committee finishes counting the votes, and the shareholder has the right to discuss the topics on the agenda of the assembly and ask questions |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered on the tadawulaty Services website can vote electronically remotely on the items of the assembly starting from (1:00) am on 17/01/2026 until the end of the assembly time. Registration and voting in tadawulaty services will be available and free of charge to all shareholders using the following link www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | In case of any inquiry on the items of the association, shareholders can contact the shareholders relations department during the official working hours from 8: 00 AM to 3: 00 pm by phone 0591616638 or e-mail : thimarshareholders@thimar.com.sa Company address : http://www.thimar.com.sa/ Company website: https://maps.app.goo.gl/juDBkq2F2CCEaxwi7 |
| Attached Documents | Attached Documents Attached Documents Attached Documents Attached Documents |
