Saudi Cable Co. Invites its Shareholders to Attend the Extraordinary General Assembly Meeting for Capital Decrease ( Third Meeting )

Element List	Explanation
Introduction	The Board of Directors of the Saudi Cable Company is pleased to invite the honorable shareholders to participate and vote in the Extraordinary General Assembly meeting (Third meeting), which is scheduled to be held, God willing, at 06:30 pm on Monday 26 Dhul-Hijjah 1443 AH corresponding to 25 July 2022 AD, by means of modern technology using my trading system.
City and Location of the Extraordinary General Assembly's Meeting	Through modern technology from the company's main headquarters in Jeddah
URL for the Meeting Location	WWW.TADAWULATY.COM.SA
Date of the Extraordinary General Assembly's Meeting	2022-07-25 Corresponding to 1443-12-26
Time of the Extraordinary General Assembly's Meeting	18:30
Attendance Eligibility	ShareHolders Registered at the Depositary Center Registry at the End of the Trading Session Proceeding the General Assembly Meeting and as per the Laws and Regulations
Quorum for Convening the General Assembly's Meeting	The third meeting will be valid with the shareholders who attended
Meeting Agenda	1- Vote for the appointment of the company’s auditor from among the candidates based on the recommendation of the Audit Committee; This is for examining, reviewing and auditing the financial statements for the second, third, fourth and annual quarters of the fiscal year 2022 and the first quarter of the fiscal year 2023, and determining its fees.

2- Vote on the Board of Directors’ recommendation to reduce the company’s capital according to the following:

- The company's capital before the reduction: (262,311,060) Saudi riyals

- The company's capital after reduction: (66,729.060) Saudi riyals

- Number of shares before the reduction: (26,231,106) shares

- Number of shares after reduction: (6,672,906) shares

Reduction rate: -74.6% of the company's capital

- Reason for capital reduction: To restructure the capital and amortize (100%) of the accumulated losses as on March 31, 2022, at a value of (195.582.000) Saudi riyals

- Capital reduction method: canceling (19,558,200) shares of the company's shares, 0.7456 shares will be reduced for every 1 share

- Effective date of reduction: at the end of the second trading day following the date of the Extraordinary General Assembly in which it was decided to reduce the capital

- The effect of the capital reduction on the company’s obligations: there is no effect of reducing the company’s capital on its financial obligations

- Amending Article (7) of the company’s articles of association related to capital (attached).

- Amending Article (8) of the company’s articles of association related to subscription for shares (attached). Proxy Form E-Vote Note that the shareholders registered in the Tadawulaty services will be able to vote remotely on the items of the assembly starting at 10 am on Friday 23 Dhu Al-Hijjah 1443 AH corresponding to July 22, 2022 until the end of the time of the assembly, and registration and voting in the trading services will be available and free for all shareholders using The following link: www.tadawulaty.com.sa Eligibility for Attendance Registration and Voting Eligibility for Attendance Registration and Voting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes Method of Communication For any further inquiries, please, Contact: Shareholders Affairs

via phone No. (012) 6087500, or email: Investor.Relations@saudicable.com Additional Information N/A 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.