premargin

Element List	Explanation
Introduction	The Tourism Enterprise Company (Shams) announces the results of the Extraordinary General Assembly meeting (third meeting), held at 6:30 PM on Thursday, 16/10/2025 (corresponding to 24/04/1447 AH) via modern technical means in the city of Al Khobar. Since the legal quorum was satisfied, the meeting proceeded with the shares represented therein, and the attendance rate reached 11.5 % of the shares represented in the capital.
City and Location of the General Assembly's Meeting	Through modern technological means, held in the city of Al-Khobar.
Date of the General Assembly's Meeting	2025-10-16 Corresponding to 1447-04-24
Time of the General Assembly’s Meeting	18:30
Percentage of Attending Shareholders	11.5%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	The following members of the Board of Directors attended the meeting: 1. Mr. Khalid bin Abdulaziz Al Bawardi - Chairman of the Board of Directors. 2.Eng. Abdullah bin Omar Al-Suwailem - Vice Chairman of the Board of Directors and Managing Director. 3. Mr. Rashid bin Sulaiman Al-Rasheed. 4. Dr. Wael bin Saad Al-Rashed. 5. Mr. Badr bin Hamad Al-Qadi. 6. Mr. Wael bin Abdul Rahman Al-Bassam. 7. Mr. Ziyad bin Ibrahim Al-Afaliq.
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	The meeting was attended by committee heads: 1- Mr. Rashid bin Sulaiman Al-Rasheed - Chairman of the Audit Committee. 2- Dr. Wael Saad Al-Rashed - Chairman of the Nominations and Rewards Committee. 3-Eng. Abdullah bin Omar Al-Suwailem - Chairman of the Development and Investment Committee.
Voting Results on the Items of the General Assembly's Meeting Agenda's	Item (1): Approve on amending the company's shares according to the following: - Par value per share before the amendment: (0.50) Saudi Riyals. - Par value per share after the amendment: (10) Saudi Riyals. - Number of shares before the amendment: (1,156,472,460) shares. - Number of shares after the amendment: (57,823,623) shares. - There will be no change in the company's capital before or after the share amendment process. - Effective Date: If the clause is approved, the amendment decision will be effective for all company shareholders owning shares on the day of the Extraordinary General Assembly and registered in the company's shareholders' register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the Extraordinary General Assembly in which the share amendment was decided. The effect of the decision will be applied to the share price starting from the business day following the meeting, provided that the number of shares in shareholders' portfolios at the end of the second trading day following the date of the Extraordinary General Assembly in which the share amendment was decided is applied. - Amending Article No. (7) of the Company's Articles of Association relating to (Capital). - Amending Article No. (8) of the Company's Articles of Association relating to (Share Subscription).

Tourism Enterprise Co. (shams) Announces the Results of the Extraordinary General Assembly Meeting (Third Meeting)