| Element List | Explanation |
|---|---|
| Introduction | Leejam Sports Company (the Company) announces the Board of Directors’ decision to recommend to the Extraordinary General Assembly to approve the purchase of its shares, up to a maximum of 6.3% of the number of issued shares, for the purpose of keeping them as treasury shares. |
| Board of director’s recommendation date | 2025-07-19 Corresponding to 1447-01-24 |
| Purpose of Purchase | Keeping them as treasury shares. |
| Purpose of Purchase (If the Purpose to Keep the Shares as Treasury Shares) | The Board of Directors considers the current share price is less than its fair value. |
| Number of Shares to be Bought | 3300000 |
| Shares Class and type | Ordinary shares |
| Method of Financing the Purchasing Process | The company's own resources or bank facilities |
| Current Percentage of the Treasury Shares at the Company out of the Total Class of Shares Purchased | 0.3% |
| Approvals and Meeting the Conditions of Financial Appropriateness | This recommendation will be submitted to the Extraordinary General Assembly at its earliest meeting, which will be announced later, to vote on in accordance with the requirements of the Implementing Regulation of the Companies Law for Listed Joint Stock Companies. The conditions of financial solvency will also be met according to a report that will be issued by the company’s external auditor and attached to the invitation to the extraordinary general assembly that will vote on this resolution according to the regulations. |
| Voting Right | The purchased shares will have no voting power in the shareholders General assemblies |
| Additional Information | The treasury shares will not be entitled to any dividends during the period the company holds them. |
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