Invitation to shareholders to attend the (FIRST MEETING) Extraordinary General Assembly Meeting

SAUDI INDUSTRIAL SERVICES CO. ANNOUNCES TO INVITES ITS SHAREHOLDERS TO ATTEND THE ( FIRST MEETING ) EXTRAORDINARY GENERAL ASSEMBLY MEETING

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Invitation to shareholders to attend the (FIRST MEETING) Extraordinary General Assembly Meeting

SAUDI INDUSTRIAL SERVICES CO. ANNOUNCES TO INVITES ITS SHAREHOLDERS TO ATTEND THE ( FIRST MEETING ) EXTRAORDINARY GENERAL ASSEMBLY MEETING

Element List Explanation
Introduction The Board of Directors of Saudi Industrial Services Co. are pleased to invite the honorable
shareholders to participate and vote in the Extraordinary General Assembly Meeting (the first
meeting), remotely through means of modern technology from the company's headquarters in Jeddah.
City and Location of the General Assembly's Meeting The company's Headquarters in Jeddah - via modern technological means (Tadawulaty system)
URL for the Meeting Location www.tadawulaty.com.sa</td&g...
Date of the General Assembly's Meeting 2023-11-21 Corresponding to 1445-05-07
Time of the General Assembly's Meeting 18:30
Attendance Eligibility Shareholders who are registered in the issuers shareholders record at the Depositary Center by the
end of the trade session prior to the general assembly meeting and in accordance with the laws and
regulations. The shareholder has the right to delegate whomever other than the board of directors.
Quorum for Convening the General Assembly's Meeting The Extraordinary general assembly meeting shall be valid attended by shareholders representing at
least 50% of the Company’s capital. In the absence of a quorum required for holding the meeting, a
second meeting will be held one hour after the end of the end of period specified for the first
meeting, and the second meeting will be valid if attended by a number of shareholders representing
at least 25% of the Company.
General Assembly Meeting Agenda

1) To vote on amending the company's bylaws in line with the new companies' law. (attached)

2) To vote on amending Article (2) of the company's bylaws, which is related to the name of the company. (attached)

3) To vote on amending Article (3) of the company's bylaws, which is related to the company's objectives. (attached)

4) To vote on the amendment of the Audit Committee Charter. (attached)

5) To vote on the company’s purchase of a number of its shares and a maximum of (8,160,000) shares and keep them as treasury shares, as the Board of Directors or the authorized persons consider that the share price in the market is less than its fair value. The purchase will be financed from the company’s own resources and authorizing the Board of Directors to complete the process within 12 months of the extraordinary general assembly’s approval date, and the company will keep the purchased shares for a maximum period of (5) years from the date of approval of the extraordinary general assembly. After the expiry of this period, the company will follow the procedures and controls stipulated in the relevant laws and regulations. (attached)
Proxy Form <a rel="noopener" href="
" target="_blank"><img style="width: 38px; height: auto;" src="www.tadawulaty.com.sa
30 / 10 / 2023 General