Tabuk Agricultural Development Co. Announces the Non convenience of its ( First and Second Meeting ) Extraordinary General Assembly’s Meeting Resolving Capital Change Meeting

Element List	Explanation
Introduction	Tabuk Agricultural Development Co. announces Non-Convening of the Extraordinary General Assembly Meeting (No. 22) that includes increasing the capital of Tabuk Agricultural Development Company (First & Second Meeting) which was to be held at (18:30) and (19:30) on Tuesday 25th of Rajab 1442H corresponding to 09th of March 2021 By means of modern technology

at the Project of Tabuk Agri. Dev. Co. (virtually) through Tadawulaty website for the safety of shareholders and in the support of preventive and precautionary measures applied by the competent and relevant health authorities to address the emerging corona virus (COVID-19), and as an extension of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread.

Due to the lack of quorum for both meetings, as the first meeting got attendance of (11.52%) and the second meeting got attendance of (12.04%), Note that the required quorum for the first meeting is 50% and for the second meeting 25%. It is has been decided to defer the assembly and call for a third meeting, which will be announced at a later date after getting the necessary approvals from the concerned parties. Indicate the date of the non-convened assembly 2021-03-09 Corresponding to 1442-07-25 City and Location of the General Assembly's Meeting Tabuk - Tadco Farm Project - Jordan Road ONLINE Time of the General Assembly's Meeting 18:30 The reason behind non-convening the assembly Incomplete quorum Percentage of Attending Shareholders 11.52 % the first meeting

12.04% the second meeting 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). NONE The impact of non-convening the assembly upon matters relating to the recommendations of the board of directors capital alterations In the event that the company's shareholders in the extraordinary general meeting agreed to increase the capital, the decision of the increase will be enforceable on all the shareholders of the company registered in the company's records at Edaa Center Registry at the end of the second trading day following the convening of the extraordinary general assembly in which the capital increase was decided. Additional Information The company will subsequently call the 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 by the shareholders who attended. 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.