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Element List	Explanation
Introduction	The Board of Directors of Makkah Construction and Development Company is pleased to invite the honorable shareholders to participate and vote in the 39th Ordinary General Assembly Meeting (First Meeting) scheduled to be held at 06:30 PM on Tuesday,02-06-2026, corresponding to 16-12-1447H, via modern technology means.
City and Location of the General Assembly's Meeting	Via modern technology means – Company’s Headquarters Building, Makkah
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2026-06-02 Corresponding to 1447-12-16
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 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	The Ordinary General Assembly Meeting is valid if attended by shareholders representing at least one quarter of the company's voting shares. If the required quorum is not met, a second meeting will be held one hour after the end of the time set for the first meeting. The second meeting will be valid irrespective of the number of the voting shares represented therein.
General Assembly Meeting Agenda	1. Review and discuss the Board of Directors’ Report for the fiscal year ending on 31 December 2025. 2. Review and discuss the Financial Statements for the fiscal year ending on 31 December 2025. 3. Vote on the External Auditor's Report for the fiscal year ending on 31 December 2025 after discussing it. 4. Vote on appointing the Company’s auditor from among the candidates, based on the recommendation of the Audit Committee, to examine, review and audit the financial statements for the second and third quarters and the full year of the fiscal year 2026, and the first quarter of the fiscal year 2027, and determine his fees. 5. Vote on the Board of Directors’ recommendation to distribute dividends to shareholders for the fiscal year ended 31 December 2025, totaling SAR (300,000,000), at SAR (1.50) per share, representing (15%) of the nominal value of the share. Eligibility will be for shareholders owning shares at the end of trading day of the 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. Dividend distribution will start on Monday, 22 Jun 2026. 6. Vote on exonerating the members of the Board of Directors from liability for the fiscal year ending 31 December 2025. 7. Vote on the disbursement of SAR (5,373,000) as remuneration to the Board members for the fiscal year ended on 31 December 2025. 8. Vote on the businesses and contracts concluded during the fiscal year ended 31 December 2025 between the Company and Ziad Bassam Mohammed Al-Bassam Establishment, in which board member Mr. Ziad Bassam Mohammed has a direct interest. The transaction includes a lease agreement for a retail showroom in the commercial center, with an annual rental value of SAR (847,320), without preferential terms. 9. Vote on the businesses and contracts concluded during the fiscal year ended 31 December 2025 between the Company and AlJazira Capital, in which board member and CEO Mr. Mohammed Abdulkrem Mohammed Alnafea and board member MR. Turki Ibraheam Al Qonaibit have an indirect interest. The transaction includes Purchase of Government Sukuk, with a total value of SAR (926,552,382). without preferential terms. 10. Vote on the businesses and contracts concluded during the fiscal year ended 31 December 2025 between the Company and Roots Arabia, in which chairman of the board Mr. Saleh Mohammed Bin Laden has an indirect interest. The transaction includes Renovation of 4 floors in the hotel, with a total value of SAR (25,628,844). without preferential terms. 11. Vote on the businesses and contracts concluded during the first quarter of the fiscal year 2026 between the Company and AlJazira Bank, in which board member and CEO Mr. Mohammed Abdulkrem Mohammed Alnafea and board member MR. Turki Ibraheam Al Qonaibit have an indirect interest. The transaction includes obtaining Bridge Financing for a period of six months, with a total value of SAR (880,000,000). without preferential terms. 12. Vote on the election of Board of Directors members from among the candidates for the next term, which begins on 10 June 2026, for a duration of (4) years, ending on 09 June 2030.
Proxy Form	Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Shareholders have the right to discuss the topics on the Agenda of the Ordinary General Assembly Meeting and direct their inquiries to the Board of Directors and the External Auditor. Shareholders registered in Tadawulaty services can vote remotely on the agenda items of the Ordinary General Assembly Meeting using the following link: https://www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda	Electronic voting on Agenda items of the Ordinary General Assembly Meeting starts from 01:00 AM on Friday, 29-05-2026, corresponding to 12-12-1447H, and will continue until the end of the meeting time. Please note that registration in Tadawulaty service and voting is provided free of charge for all shareholders through the following link: https://www.tadawulaty.com.sa/
Method of Communication in Case of Any Enquiries	For inquiries, please contact the Company’s Investor Relations Department. Phone number: 0125571522 E-mail: IR@mcdc.com.sa
Additional Information	None
Attached Documents	Attached Documents

Makkah Construction and Development Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)