| Element List | Explanation |
|---|---|
| Introduction | Saudi Industrial Development Company (SIDC) announces the non- convening of the Fifth Extraordinary General Assembly’s Meeting – No. (5) (Second Meeting) which was scheduled to be held one hour after the end of the period specified to convene the first meeting for lack of legal quorum necessary for the meeting. |
| Indicate the date of the non-convened assembly | 2025-02-06 Corresponding to 1446-08-07 |
| City and Location of the General Assembly's Meeting | Company headquarters - Jeddah City - Prince Mohamed bin Abdulaziz St. – via modern technology means. |
| Time of the General Assembly’s Meeting | 20:00 |
| The reason behind non-convening the assembly | lack of legal quorum. |
| Percentage of Attending Shareholders | First Meeting (17.76%) and Second Meeting (17.76%) |
| The impact of non-convening the assembly upon matters relating to the recommendations of the board of directors on profits or on the work of the External Auditor (where applicable). | Not Applicable |
| The impact of non-convening the assembly upon matters relating to the recommendations of the board of directors capital alterations | Not Applicable |
| Additional Information | The company will later invite for a third Extraordinary General Assembly Meeting after setting its date and obtaining the approval of the competent authorities, noting that the third meeting will be held regardless of the number of shares represented in it. |
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