Ades Holding Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Extraordinary General Assembly Meeting

Element List	Explanation
Introduction	The Board of Directors of Ades Holding Company is pleased to invite its shareholders to participate and vote at the company’s Extraordinary General Assembly meeting (first meeting) scheduled to be held on 09/07/1445H corresponding to 21/01/2024G at exactly 18:30 through modern technology means.
City and Location of the General Assembly's Meeting	Through modern technology means (via Tadawulaty System platform) at the company’s premises located at Prince Turki Road, Al Kurnaish District, Al Khobar, Kingdom of Saudi Arabia
URL for the Meeting Location	http://www.tadawulaty.com.sa
Date of the General Assembly's Meeting	2024-01-21 Corresponding to 1445-07-09
Time of the General Assembly's Meeting	18:30
Attendance Eligibility	Shareholders who are registered in the issuers 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 shareholder has the right to delegate whomever other than the board of directors.
Quorum for Convening the General Assembly's Meeting	The assembly meeting is valid if it is attended by shareholders representing at least half of the capital. If this quorum is not present in the first meeting, the second meeting will be held one hour after the end of the period specified for the first meeting. The second meeting will be valid if it is attended by a number of shareholders representing at least a quarter of the capital.
General Assembly Meeting Agenda	1. Voting on the amendment of Article (1) of the Company’s bylaws relating to Incorporation. (Attached)

2. Voting on the amendment of Article (2) of the Company’s bylaws relating to the Company’s name. (Attached)

3. Voting on the deletion of Article (10) from the Company’s bylaws with regard to Issuance of Shares. (Attached)

4. Voting on the amendment of Article (11) of the Company’s bylaws relating to Share Trading. (Attached)

5. Voting on the deletion of Article (12) from the Company’s bylaws with regard to Shareholders Register. (Attached)

6. Voting on the deletion of Article (34) from the Company’s bylaws with regard to Assemblies’ Resolutions By Circulation. (Attached) Proxy Form The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any) Shareholders registered in Tadawulaty service will be able to vote electronically on the extraordinary general assembly’s agenda. Electronic voting will start Wednesday at 1:00AM, 05/07/1445 AH Corresponding to 17/01/2024, and will last until the end of the Extraordinary General assembly time. Please note that registration in Tadawulaty service and voting is free of charge for all Shareholders via: 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 In the event of any inquiries about the terms of the meeting, please contact us via email at legal@adesgroup.com or at +966 539377764. Additional Information Shareholders may direct questions and inquiries related to items of the Extraordinary General Assembly during the meeting via the broadcasting link that will be forwarded to the shareholders via Tadawulaty service, the full name of the shareholder should be mentioned, to accept an enquiry. 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.