| Element List | Explanation |
|---|
| Introduction | The Board of Directors of ASharqiyah Development Co is pleased to invite the honorable shareholders to participate and vote in the Ordinary General Assembly meeting (the first meeting), which is scheduled to be held via modern technology means, God Almighty, at 18:45 on Sunday |
05/12/1446 AH corresponding to 01/06/2025 AD
| City and Location of the General Assembly's Meeting | Riyadh - Hittin District - Prince Turki Al Awal Road - Eastern Development Company Office |
by means of modern technology
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-06-01 Corresponding to 1446-12-05 |
| Time of the General Assembly’s Meeting | 18:45 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | The right of attendance of shareholders registered in the company's shareholders register with the Securities Depository Center Company( edaa ) shall be at the end of the trading session preceding the General Assembly meeting and in accordance with the rules and regulations, the right of registration of attendance for the Assembly meeting expires at the time of the Assembly meeting, and the right to vote on the items of the |
| Quorum for Convening the General Assembly's Meeting | The meeting of the Ordinary General Assembly shall be valid if attended by shareholders representing at least one quarter of the company paid up capital. If the quorum for the first meeting is not completed, a second meeting shall be conducted one hour after the time allocated for the first meeting. The second meeting shall be valid regardless of the number of shares represented therein. |
| General Assembly Meeting Agenda | View and discuss the report of the Board of Directors for the fiscal year ending on 12/31/2024. |
(2) Voting on the report of the external auditor of the company for the financial year ended 31/12/2024.
(3) Reviewing and discussing the financial statements for the fiscal year ending on 12/31/2024.
(4) Voting on the selection of external auditor recommended by the Audit Committee to review the quarterly and annual financial statements from second quarter of the year 2025 to the first quarter for the year of 2026 and determine their fees
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | The shareholder has the right to discuss the topics on the assembly’s agenda and ask questions |
Registration and voting in Tadawulati services will be available and free to all shareholders using the following link:
https://tadawulaty.com.sa
| Details of the electronic voting on the Assembly’s agenda | Note that the shareholders who are registered in the Tadawulati services will be able to vote remotely on the association’s items starting from 1:00 AM on Wednesday 01/12/1446 AH corresponding to 28/05/2025 till the end time of the meeting . and the registration and voting in Tadawulati services will be available and free for all shareholders by using the link www.tadawulaty.com.sa, and if there is any inquiry we hope to contact the shareholders relations department Email IBRAHIM@ASHARQIYAH.COM.SA Phone 0112881478 ext 110 |
| Method of Communication in Case of Any Enquiries | For inquiries, please call: 0112881478 EXT.110 or fax: 0112096347 |
IBRAHIM@ASHARQIYAH.COM.SA
| 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.