On May 8…Thimar discusses election of BOD members

Thimar Development Holding Co. Board of Directors invited its honorable shareholders to attend the Ordinary General Assembly for the first meeting scheduled to be held at 08:00 pm on 08-05-2023 (in presence and through modern technology) in Riyadh at the company’s headquarters, Al-Urouba Street, next to the National Bank, as well as Through the means of modern technology using Tadawulaty system

General Assembly Meeting Agenda

1. View and discuss the report of the Board of Directors for the fiscal year ending on December 31- 2021

2. View and discuss the financial statements for the fiscal year ending on December 31- 2021

3. Vote on the company’s auditors’ report for the fiscal year ending on December 31- 2021, after discussing it.

4. Voting on the election of the members of the Board of Directors from among the candidates for the next session, which starts from the date of 14-05-2023 and its duration is three years, which ends on 13-05-2026. (The CV facility for the candidates).

5. Voting on the formation of the review committee and determining its tasks, work controls and the rewards of its members for the new session starting from 14-05-2023 until the end of the session on the date of 13-05-2026, knowing that the candidates attached to their CV are:

– Aziz Mohammad Al -Qahtani

– Ziad Mohammad Al -Badini

– Mohammad Dakhil Al –Saadi

The quorum for holding this meeting shall be considered valid if attended by shareholders who represent at least 25% of the company’s capital. If the required quorum has not been met for the first meeting, the second meeting will be held an hour after the end of the period specified for the first meeting, and the second meeting will be valid regardless of the number of shares represented in it to discuss the following agenda.

Each shareholder Registered in the Issuer’s Shareholders Registry in the Depository Centre is also entitled to attend at the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations

Shareholders registered on the Tadawulaty services website can vote remotely on the items of the General Assembly agenda, starting from One o’clock in the morning 04-05-2023 until the closure of the meeting