stc GA to Vote on Amendments to Chairman and Vice Chairman Powers on Sep. 03

The Saudi Telecom Company (stc) announced on Wednesday that it invited shareholders to attend and vote at the Extraordinary General Assembly Meeting (First Meeting), scheduled for September 03, 2025. The agenda includes a vote on amending Article 22 of the Company’s Articles of Association regarding the powers of the Chairman, Vice Chairman, Chief Executive Officer (CEO), and Secretary General of the Board.

The Meeting will also include votes on the following amendments:

– Article (3) of the Articles of Association, regarding the Company’s purposes;

– Article (19), regarding the expiration of the Board’s term or resignation of its members;

– Article (20), regarding the Board’s powers;

– Article (29), regarding calling for assemblies;

– Article (33), regarding voting in assemblies;

– Article (36), regarding chairing assemblies and preparing minutes;

– Article (40), regarding committee reports;

– Article (5) of the Articles of Association, regarding the dissolution of the Company;

– Article (51), regarding matters not specifically provided for; and

– Article (52), regarding the publication of the Articles of Association.

Separately, the Company held a conference call to discuss its second-quarter and half-year 2025 financial results with investors and analysts. The call highlighted the Company’s efforts and achievements during the second quarter and addressed all inquiries from local and international analysts and investors.