ADVANCED PETROCHEMICAL COMPANY INVITES ITS SHAREHOLDERS TO ATTEND THE 17TH ORDINARY GENERAL ASSEMBLY MEETING (FIRST MEETING) VIA MODERN TECHNOLOGY MEANS

Element List	Explanation
Introduction	Advanced Petrochemical Company is pleased to invite its shareholders to attend the 17th Ordinary General Assembly Meeting (first meeting) via modern technology means.
City and Location of the General Assembly's Meeting	Dammam city at Advanced Head Office (Gulf Road Dammam Corniche - SAMEC Building fifth floor) using modern technology (remotely) on my Tadawulaty platform.
URL for the Meeting Location	www.tadawulaty.com.sa
Date of the General Assembly's Meeting	2022-09-27 Corresponding to 1444-03-01
Time of the General Assembly's Meeting	18:30
Attendance Eligibility	Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly's Meeting	The quorum to convene Ordinary General Meeting is the attendance of shareholders representing at least twenty five (25%) percentage of the Company’s capital. If such quorum is not present at the first meeting, the second meeting will be held one hour after the end of the period specified for the first meeting and the second meeting will be deemed quorate irrespective of the number of shares represented at the meeting.
General Assembly Meeting Agenda	1. To vote on the formation of the audit committee and determine its duties, roles and remunerations for the new term, which begins on 01/10/2022 and ends on 30/09/2025, noting that the nominees (their CV’s attached) are:

1) Abdulsalam Mazro Abdullah Al-Mazro (Independent Director).

2) Waleed Mohammed Abdullah Al-Jaafari (Non-Executive Director).

3) Abdulaziz Abdullah Abdulaziz Al-Mulhem (Non-Executive Director).

4) Abdullah Abdul Rahman Bu Ali (Member form outside the Board of Directors).

2. To vote on the recommendation of the Board of Directors to transfer an amount of Eighty-One Million Five Hundred Thirty-Nine Thousand Four Hundred Ninety-Four (81,539,494) Saudi Riyals from the consensual reserve amounting to Eighty-One Million Five Hundred Thirty-Nine Thousand Four Hundred Ninety-Four (81,539,494) Saudi Riyals as stated in the interim financial statements for the period ended on 30 June 2022 to the retained earnings amounting to Four Hundred Sixty-Four Million Nine Hundred Fifty-Seven Thousand One Hundred Thirty-Three (464,957,133) Saudi Riyals as stated in the interim financial statements for the period ended on 30 June 2022. Proxy Form E-Vote Shareholders can remotely vote on the agenda items through (E-Voting System) starting from 01:00 p.m. Friday September 23, 2022 until the end of the Assembly meeting time. The registration in Tadawulaty services and voting are available and provided free of charge for all shareholders through the following link: www.tadawulaty.com.sa Eligibility for Attendance Registration and Voting Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes Method of Communication For any inquiry and clarification, please contact the Shareholders Relations on Tel: 0133566061 or Email: IR@advancedpetrochem.com 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.