Methanol Chemicals Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of Methanol Chemicals Company (Chemanol) is pleased to invite the Company’s shareholders to attend and vote at the Ordinary General Assembly meeting (first meeting) on Monday 05/01/1447 corresponding to 30/06/2025 at 7:00 p.m. via modern technology means
City and Location of the General Assembly's Meeting	Company Head Office – Jubail Industrial City
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2025-06-30 Corresponding to 1447-01-05
Time of the General Assembly’s Meeting	19:00
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 issuer'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	f The meeting of the Ordinary General Assembly shall be valid if attended by shareholders representing at least one-quarter of the share capital. If the required quorum is not attained, a second meeting shall be held one hour after the expiration of the designated period for convening the first meeting. The second meeting shall be valid regardless of the number of shares represented therein according to article 30 of the company bylaws.
General Assembly Meeting Agenda	1. Reviewing and discussing the Board of Directors' report for the financial year ending on 31/12/2024.

2. Voting on the auditor’s report for the financial year ending on 31/12/2024.

3. Reviewing and discussing the financial statements for the financial year ending on 31/12/2023.

4. Voting on the appointment the (auditor/s) for the Company from among the candidates based on the Audit Committee's recommendation. The appointed auditor/s shall examine, review and audit the second, third, and fourth quarters and annual financial statements of the financial year 2025, and the first quarter of the financial year 2026; and hence determine the auditor's remuneration.(attached)

5. Voting on the Board of Directors' decision to appoint Mr. Fahad Fozan Al-Shaya (Non-Executive Member) as a member of the Board of Directors, starting from his appointment on 27/02/2025 until the end of the current Board term on 11/11/2028, succeeding the former Board member Eng. Abdullah Abdul Aziz Al-Znaedi. (CV attached).

6. Voting on the Board of Directors' decision to appoint Mr. Abdullah Sulaiman Al-Sayyari (Independent Member) as a member of the Board of Directors, starting from his appointment on 15/04/2025, until the end of the current Board term on 11/11/2028, succeeding the former Board member, Eng. Fares Mansour Al-Rajhi. (CV attached).

7. Voting on the Audit Committee's recommendation to increase the auditor's fees by SAR 250,000, beyond the fees approved by the General Assembly on 13/06/2024, for their additional efforts in consolidating the financial statements following the Company's completion of two acquisition deals. (attached) Proxy Form The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right A shareholder has the right to discuss the items listed on the agenda of the General Assembly Meeting and to pose questions. All shareholders who are registered in Tadawulaty will be able to remotely vote on the General Assembly’s agenda items using the link below:

https://www.tadawulaty.com.sa Details of the electronic voting on the Assembly’s agenda The shareholders who are registered in Tadawulaty can remotely vote on the Ordinary General Assembly Meeting’s agenda via (E-voting service) starting from (01:00) a.m., Thursday 01/01/1447 corresponding to 26/06/2025 to half an hour after the time the meeting, All Company’s shareholders have the right to attend and vote remotely via Tadawulaty website: https://www.tadawulaty.com.sa Method of Communication in Case of Any Enquiries For inquiries, please contact Investor Relations Department via email: osaeed@chemanol.com or phone 0133438008. Additional Information Shareholders can review the annual report of the Board of Directors and the Company’s financial statements for the year 2024 at the Company’s Profile on Tadawul’s website. Attached Documents

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.