Saudi Electricity Company invites its shareholders to attend the 11th Extraordinary General Assembly Meeting (First Meeting).

Element List	Explanation
Introduction	The Board of Directors of Saudi Electricity Company is pleased to invite the shareholders to attend and vote on the at its 11th Extraordinary General Assembly meeting (first meeting), scheduled at 07:00 PM on Tuesday, 15-11-1446 corresponding to 13-05-2025, to be held virtually via modern technology means.
City and Location of the General Assembly's Meeting	Through modern technology from the Company’s Headquarters in Riyadh (via Tadawulaty System).
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2025-05-13 Corresponding to 1446-11-15
Time of the General Assembly’s Meeting	00:19
Methodology of Convening the General Assembly’s Meeting	Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End	Each shareholder registered at the end of the trading session preceding the Extraordinary General Assembly meeting in the Company’s Shareholders Register maintained at the Depository Center is eligible to attend the General Assembly meeting and as per the rules and regulations.

Shareholders are entitled to discuss the matters listed on the agenda of the Extraordinary General Assembly and ask any questions. Quorum for Convening the General Assembly's Meeting The Extraordinary General Assembly meeting shall be deemed valid only if attended by shareholders who represent at least a half of the Company’s voting shares.

If the quorum required for an Extraordinary General Assembly meeting is not satisfied, a call shall be made for a second meeting shall be held under the same conditions stipulated in Article (91) of the Companies Law within thirty (30) days following the date set for the first meeting. General Assembly Meeting Agenda 1. Reviewing and discussing Board of Directors Report for the fiscal year ended on 31-12-2024.

2. Reviewing and discussing the financial statements for the fiscal year ended on 31-12-2024.

3. Voting on the External Auditor’s report on the Company’s accounts for the fiscal year ended on 31-12-2024 After discussing it.

4. Voting on the Board’s recommendations to distribute dividends amounting to (SAR 2,916,615,670.5) to the shareholders for the fiscal year ended on 31-12-2024, in the amount of (70 halalas) per each share, representing (7 %) of the Share Par Value. The eligibility of dividends distribution will be for the shareholders holding shares by the end of the trading session on the day of the general assembly date, and who are registered in the Company's shareholders register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date. The General Assembly resolution with respect to dividend distribution to the Registered Shareholders will be implemented within (15) business days from the date they become entitled to such dividends as determined in such resolution.

5. Voting on discharging the liability of the Board members for the fiscal year ended on 31-12-2024.

6. Voting on paying an amount of (SAR 8,816,001.2 ) as a remuneration for members of the Board of Directors for the fiscal year ended on 31-12-2024.

7. Voting on the amendment Audit Committee Charter (attached).

8. Voting on the amendment Nomination and Remuneration Committee Charter (attached).

9. Voting to increase the contractual reverse to fund the profit payments for the Mudaraba instrument based on the adjusted value of (SAR 173.6 billion), after adding the final settlement amount of (SAR 5.687 billion).

10. Voting to authorize the Board of Directors to transfer funds from the Company’s retained earnings to establish ‎the adjusted contractual reserve mentioned in clause (9) above.

11. Voting to authorize the Board of Directors to utilize the adjusted contractual reserve mentioned in clause (10) above to fulfill the profit payments for the Mudaraba instrument in accordance with the provisions of the ‎Mudaraba ‎Agreement and the Mudaraba ‎Agreement ‎Annex.

12. Voting on the transactions and contracts conducted between SEC and ACWA Power, where His Excellency the Chairman of the Board, Dr. Najem Abdullah Al-Zied, and Board Member, Mr. Muhammad bin Abdulrahman Al-Belaihed, have an indirect interest therein. This involves approving the reservation of units and the upgrading of Rumah and Al-Nairyah Independent Power Plants (IPPs) for an amount of (USD 42,000,000), without preferential conditions.

13. Voting on the transactions and contracts conducted between SEC and ACWA Power, where His Excellency the Chairman of the Board, Dr. Najem Abdullah Al-Zied, and Board Member, Mr. Muhammad bin Abdulrahman Al-Belaihed, have an indirect interest therein. This involves approving Al-Mourgan IPP Expansion Project for an amount not exceeding (SAR 940,000,000), without preferential conditions.

14. Voting on the transactions and contracts conducted between SEC and ACWA Power, where His Excellency the Chairman of the Board, Dr. Najem Abdullah Al-Zied, and Board Member, Mr. Muhammad bin Abdulrahman Al-Belaihed, have an indirect interest therein. This involves investment in Hajar and Al-Mourgan Projects for an amount not exceeding (SAR 940,000,000), without preferential conditions.

15. Voting on the transactions and contracts conducted between SEC and Saudi Investment Bank, where Board Member, Mr. Khaled Salem Al-Ruwais, has an indirect interest therein. This involves signing international syndicated credit facilities agreement for an amount of (USD 3,600,000,000) for five years, with an option to extend for an additional two years, without preferential conditions. Proxy Form The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right The shareholders registered in Tadawulaty services may vote remotely on the items of the General Assembly agenda, starting from 01:00 AM, Saturday 12-11-1446 corresponding to

10-05-2025 until the end of the Extraordinary General Assembly meeting. Registration in and voting via Tadawulaty will be available and free of charge for all shareholders via this link: www.tadawulaty.com.sa Details of the electronic voting on the Assembly’s agenda Eligibility to register for attendance of the Extraordinary General Assembly meeting ends at the time of convening the meeting. The eligibility to vote on the items of the Extraordinary General Assembly agenda for the attendees ends by the end of votes counting. Method of Communication in Case of Any Enquiries Should you have any inquiries about the General Assembly you may contact Shareholders Affairs Department via:

Phone: +966118077202

or Email: SEC-SH@se.com.sa Additional Information Shareholders can direct questions and inquiries related to items of the General Assembly during the meeting via the broadcasting link that will be forwarded to the shareholders via Tadawulaty service, For the inquires to be accepted, the full name and ID of the shareholder must be given. 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.