Dar Alarkan Real Estate Development Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of Dar Al Arkan Real Estate Development Company is pleased to invite the shareholders to participate and vote in the Ordinary General Assembly meeting (the first meeting), which is scheduled to be held at 19:30 on Tuesday 23/06/2026 corresponding to 8/1/1448, using modern technology means (Remotely) through the Tadawulaty system.
City and Location of the General Assembly's Meeting	City and Location of the General Assembly's Meeting: Head Office of the company, 12622 Makkah Road, Al Wizarat, Beside Riyadh Marriott Hotel, Riyadh, KSA through modern technology.
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2026-06-23 Corresponding to 1448-01-08
Time of the General Assembly’s Meeting	19:30
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 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 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	In reference to clause (31) of the company Bylaws, A meeting of the Ordinary General Assembly shall be valid only if attended by shareholders representing at least one-quarter of the Company’s voting shares. If such quorum is not attained in the first meeting, a second meeting shall be held one hour after the lapse of time set for the first meeting. The second meeting shall be valid regardless of the number of voting shares represented therein.
General Assembly Meeting Agenda	The Agenda of the Meeting as follow: 1. Review and discuss the Board of Directors' report for the fiscal year ending on 31/12/2025. 2. Review and discuss the Financial Statements for the fiscal year ending on 31/12/2025. 3. Voting on the External Auditor’s Report for the fiscal year ending on 31/12/2025 after discussing the report. 4. Voting on appointing the external auditor for the Company from among the candidates based on the Audit Committee's recommendation. The appointed auditor shall examine, review and audit the second, third quarters and annual financial statements, of the fiscal year 2026, and the first quarter of the fiscal year 2027, and the determination of the auditor's fees. (attached) 5. Voting on the transactions and contracts that will be concluded for the fiscal year ended 2026 between the Company and the SHL Finance Company, in which the chairman of the board Mr. Youssef bin Abdullah Al-Shalash (non-executive member), and Mr. Ziad Naim ElChaar (non-executive member) have an indirect interest in it. These businesses and contracts are financing some customers of Dar Al Arkan Company to purchase houses. During 2025, there were sales of SAR 2.3 million which were paid off by SHL Finance Company during the year and no outstanding balance to be paid or settled with this related party. These transactions are continuous, to be renewed annually, and carried out in the context of regular business and in accordance with the prevailing commercial terms and without any preferential conditions. (attached) 6. Voting on the transactions and contracts that will be concluded for the fiscal year ended 2026 and between the Company and Dar Global PLC., in which the chairman of the board Mr. Youssef bin Abdullah Al-Shalash (non-executive member), and Mr. Ziad Naim ElChaar (non-executive member) have an indirect interest in it. These businesses and contracts are to provide financing facilities to Dar Global PLC. During 2025, the loan amounted to SAR 1,201 million, and the outstanding balance on December 31, 2025, amounted to SAR 1,201 million. These services are continuous, to be renewed annually, and carried out in the context of regular business and in accordance with the prevailing commercial terms and without any preferential conditions. (attached) 7. Vote to provide clearance to the members of the Board of Directors from their liabilities for the fiscal year ending on 31/12/2025. 8. Voting on paying total amount of (3.000.000) three million Saudi Riyal as remuneration to the Board members for the fiscal year ending on 31/12/2025 (attached) 9. Voting on delegating the Board of Directors to distribute interim dividends on a biannual or quarterly basis for the fiscal year ending on 31/12/2026
Proxy Form	Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Shareholders are entitled to discuss matters listed in the agenda of the General Assembly and raise relevant questions to the Board members. Shareholders can participate and vote electronically (remotely) by visiting the Tadawulaty platform at the following link: www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda	Shareholders registered in Tadawulaty www.tadawulaty.com.sa services will be able to vote online on the General Assembly’s agenda. Voting will start Saturday at 01:00 am, 20/06/2026 corresponding to 5/1/1448, and will last until the end of the General Assembly Meeting. Please note that registration in Tadawulaty service and voting are free of charge for all shareholders.
Method of Communication in Case of Any Enquiries	In the event of any inquiries, please contact the company’s management through the following means of communication: phone number 00966112069888, ext. 1641 or 1144, or via email ir@alarkan.com
Attached Documents	Attached Documents