Zamil Industrial Investment Company Invites Its Shareholders to Attend the General Assembly (First Meeting) Virtually

ELEMENT LIST	EXPLANATION
Introduction	The Board of Directors of Zamil Industrial Investment Company invites all its shareholders to convene for a General Assembly session (the first meeting). The meeting will be held on Wednesday, 17 May 2023 at 19:00 p.m. through modern technology means, using the Tadawulaty system at www.tadawulaty.com.sa (electronic voting).
City and Location of the General Assembly’s Meeting	Company headquarters in Dammam First Industrial City – Virtually
URL for the Meeting Location	www.tadawulaty.com.sa
Date of the General Assembly’s Meeting	17 May 2023
Time of the General Assembly’s Meeting	19:00
Attendance Eligibility	Shareholders registered in the company’s register at the Securities Depository Center (Depository Center) have the right to attend the general assembly at the end of the trading session preceding the meeting. They should register their attendance and vote through Tadawulaty. Shareholder has the right to discuss the assembly's agenda and ask questions.
Quorum for Convening the General Assembly’s Meeting	The quorum for holding the Ordinary General Assembly meeting is valid if shareholders representing at least 25 percent of the company’s paid-up capital are present. If the necessary quorum is not attained to hold this meeting, a second meeting will be held an hour after the end of the period specified for the first meeting. In all cases, the second meeting will be valid regardless of the number of shares represented therein.
General Assembly Meeting Agenda	1) Review the Board of Directors Report for the fiscal year ending on 31/12/2022 and discuss it. 2) Vote on the external auditor’s report for the fiscal year ending 31 December 2022 after discussion. 3) Review the Consolidated Financial Statements for the fiscal year ending 31 December 2022 and discuss them. 4) Approve discharging the Board of Directors from any liabilities for the fiscal year ending 31 December 2022. 5) Vote on the appointment of the external auditors, as per the recommendation of the Audit Committee, to review and audit the company’s quarterly and annual accounts for the second quarter, third quarter, and annual statements for the year 2023 and the first quarter of 2024 and agree to their service fee. 6) Vote on the distribution of SAR 1,700,000 as Board Remuneration for the year ending 31/12/2022. 7) Approve the related party transactions between the company and Zamil Group Holding Company, in which Mr. Sattam A. Al Zamil, a member of the Board of Directors, has an indirect interest. Total purchase value in 2022 was SAR 32,761,278 and was agreed upon with the prevailing commercial terms. 8) Approve the related party transactions between the company and Arabian Gulf Construction Company, in which Mr. Sattam A. Al Zamil, a member of the Board of Directors, has an indirect interest. Total Sales value in 2022 was SAR 189,536 and was agreed upon with the prevailing commercial terms. 9) Approve the related party transactions between the company and Zamil Group Holding Company, in which Mr. Sattam A. Al Zamil, a member of the Board of Directors, has an indirect interest. Total Sales value in 2022 was SAR 11,363,042 and was agreed upon with the prevailing commercial terms. 10) Approve delegating the Board of Directors with the authority of the Ordinary General Assembly stipulated in paragraph (1) of Article (27) of the Companies Law for a period of one year starting from the date of the approval by the General Assembly or until the end of the delegated Board of Directors’ term, whichever is earlier, in accordance with the conditions set forth in the Regulation of the Companies Law for Listed Joint Stock Companies.
E-Vote	Eligible shareholders can cast their votes remotely via Tadawulaty electronic services. Voting will commence from 10 a.m. on Saturday, 13 May 2023, until the adjournment of the meeting. The company encourages its shareholders to participate actively and vote online by visiting the Tadawulaty web page at www.tadawulaty.com.sa, a free service available to all shareholders.
Eligibility for Attendance Registration and Voting	Eligibility for registering attendance at the General Assembly meeting ends once it convenes. Eligibility to vote on the meeting agenda ends when the Counting Committee concludes counting the votes.
Method of Communication	Shareholders are welcome to send their inquiries by directly contacting our Corporate Communications & Investor Relations Dept. by phone (+966138108148) or by email investors@zamilindustrial.com