Knowledge City GA to vote on Competition Standards

Knowledge Economic City Company’s (the Company) Board of Directors is pleased to invite the company’s shareholders to attend the Ordinary Assembly General meeting (first meeting), which will be held on Wednesday 23 Dhul-Qa’dah 1443 corresponding to 22 June 2022 at 6:30 pm via modern technology means (Virtual) from the company’s headquarters in Diwan Al-Maarifa in Al-Madinah Al-Munawwarah.

Meeting Agenda:

1. Voting on the Financial Statements for the fiscal year ended 31 December 2021.
2. Voting on the Auditors’ Report for the fiscal year ended 31 December 2021.
3. Voting on the Board of Directors Report for the fiscal year ended 31 December 2021.
4. Voting on the appointment of the External Auditor for the Company from the nominated audit firms based on the recommendation of the Audit Committee to examine, review and audit the Financial Statements of the (Second and Third Quarters) and the Yearend for the fiscal year 2022 and the (First Quarter) of the fiscal year 2023, and determine their fees.

5 Voting on the Corporate Social Responsibility Policy, (attached).

6 Voting on Competition Standards, (attached).

The eligibility to participate in the general assembly meeting and to vote electronically using Tadawulaty System on the meeting’s agenda will be for shareholders that are registered in Knowledge Economic City’s shareholders register at the Securities Depository Center (Edaa) as of the end of the trading session on the general assembly meeting day, and as per the relevant rules and regulations.

The ordinary general assembly meeting shall be valid only if shareholders representing at least one quarter of the company shares are in attendance. If the required quorum is not satisfied, a second meeting shall be held one hour after the expiration of the designated period for convening the first meeting. The second meeting shall be valid regardless of the number of shares represented therein.

Shareholders who are registered in the Tadawulaty system may vote electronically on the general assembly meeting’s agenda. Electronic voting will start at 10:00 AM on Saturday 19 Dhul-Qa’dah 1443 corresponding to 18 June 2022 and will continue until the general assembly meeting is concluded. Voting and registration in the Tadawulaty system are provided free of charge to all shareholders through Tadawulaty’s website https://www.tadawulaty.com.sa.

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