The Board of Directors of ASG Plastic Factory Co. invites its shareholders to attend the Extraordinary General Assembly Meeting, which includes the increase of the company’s capital (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of ASG Plastic Factory Co. is pleased to invite the esteemed shareholders to participate and vote in the Extraordinary General Assembly Meeting (First Meeting), which is scheduled to be held via modern technology means, God willing, at (18:30) on Sunday, 26-02-1448 AH, corresponding to 09-08-2026 AD.
City and Location of the Extraordinary General Assembly's Meeting	Via modern technology means from the Company's head office in Sudair Industrial and Business City.
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2026-08-09 Corresponding to 1448-02-26
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's 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 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	Pursuant to Article (35) of the Company's Articles of Association, the Extraordinary General Assembly Meeting shall be valid if attended by shareholders representing at least one-half of the Company's voting shares. If the required quorum is not met, a second meeting shall be held one hour later and shall be valid if attended by shareholders representing at least one-quarter of the Company's voting shares.
Meeting Agenda	1- Voting on the Board of Directors’ recommendation to increase the Company’s capital by issuing bonus shares as follows: - The capital before the increase (70,500,000) seventy million five hundred thousand Saudi Riyals. - The capital after the increase (141,000,000) one hundred forty-one million Saudi Riyals. - The number of shares before the increase (7,050,000) seven million fifty thousand shares. - The number of shares after the increase (14,100,000) fourteen million one hundred thousand shares. - The percentage of the capital increase 100%. - The reasons for the increase are to support the Company’s growth, expand its business, and strengthen its financial position. - The increase will be carried out through the capitalization of an amount of (23,897,450) twenty-three million eight hundred ninety-seven thousand four hundred fifty Saudi Riyals from the share premium, and the capitalization of an amount of (46,602,550) forty-six million six hundred two thousand five hundred fifty Saudi Riyals from retained earnings, whereby (1) free share will be granted for each (1) existing share owned by the shareholders. - In the event of approval of the increase, the eligibility for the bonus shares shall be for the shareholders owning shares on the date of the Extraordinary General Assembly meeting and registered in the Company’s shareholders’ register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date. - In the event of fractional shares, the fractions will be aggregated into one portfolio for all shareholders, sold at the market price, and the proceeds will be distributed to the eligible shareholders entitled to the bonus shares, each according to their respective share, within a period not exceeding 30 days from the date on which the shares entitled to the bonus issue are determined for each shareholder. - Amendment of Article (7) of the Company’s Articles of Association relating to the capital (attached). - Amendment of Article (8) of the Company’s Articles of Association relating to subscription for shares (attached). 2- Voting on the amendment of the Remuneration Policy for the Members of the Board of Directors, its committees, and the Executive Management (attached). 3- Voting on the Board of Directors’ recommendation to add an article to the Articles of Association relating to the additional powers of the Chairman of the Board of Directors (attached). 4- Voting on the Board of Directors’ recommendation to amend Article (21) of the Company’s Articles of Association relating to the powers of the Chairman, Vice Chairman, Managing Director / Chief Executive Officer, and Secretary (attached).
Proxy Form	Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	The esteemed shareholders shall have the right to discuss the items listed on the agenda of the Extraordinary General Assembly meeting and raise questions. Please note that voting through the Tadawulaty services is available free of charge to all shareholders using the following link: www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda	Shareholders registered in the Tadawulaty services may electronically vote remotely on the agenda items of the General Assembly starting from 01:00 AM on Wednesday, 22-02-1448 AH, corresponding to 05-08-2026 AD, until the end of the General Assembly meeting. Registration and voting through the 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 are pleased to receive your inquiries through the Investor Relations Department via the following communication channels: Mobile: 0559251726 Email: investorrelations@asgplastic.sa
Attached Documents	Attached Documents Attached Documents