Al Mawarid Manpower Co. — Proxy Solicitation & Information Statement 2026

Jan 15, 2026

Al Mawarid Manpower Co. calls its shareholders to attend the Extraordinary General Assembly meeting which include the Increase of the company’s capital ( First Meeting )

1833 · 15/01/2026 16:12:31 · Announcement #92661 · View on Saudi Exchange

Al Mawarid Manpower Co. calls its shareholders to attend the Extraordinary General Assembly meeting which include the Increase of the company’s capital ( First Meeting )

Element List	Explanation
Introduction	The Board of Directors of Al Mawarid Manpower Company is pleased to invite the shareholders to participate and vote in the Ordinary General Assembly Meeting which includes the agenda item of increasing the Company’s capital (First Meeting). The meeting is scheduled to be held, at 6:30 PM on Tuesday, 10 February 2026, via modern technology means.
City and Location of the Extraordinary General Assembly's Meeting	Riyadh/ Head Office (remotely and via modern technology means)
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2026-02-10 Corresponding to 1447-08-22
Time of the General Assembly’s Meeting	18:30
Methodology of Convening the General Assembly’s Meeting	Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End	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. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee.
Quorum for Convening the General Assembly's Meeting	The Extra-ordinary General Assembly meeting is valid if attended by shareholders representing at least a 50% of the company’s voting shares. If the quorum required for holding this meeting is not available, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting shall be valid if attended by shareholders representing at least a 25% of the company’s voting shares
Meeting Agenda	Voting on the Board of Directors’ recommendation regarding the increase of the Company’s capital through the issuance of bonus shares to the Company’s shareholders, in accordance with the following:

The Company’s capital shall be increased by capitalizing an amount of SAR 50,000,000 from the balance of retained earnings, through the issuance of one (1) bonus share for every three (3) shares held, with a nominal value of SAR 10 per share.

The Company’s capital before the increase amounts to SAR 150,000,000, and after the increase it will become SAR 200,000,000, representing an increase of 33.33%.

The number of the Company’s shares before the increase is 15,000,000 shares, and after the increase it will be 20,000,000 shares.

Subject to approval of this item, the eligibility date for the bonus shares shall be for shareholders who own the shares on the date of convening the Extraordinary General Assembly, and who are registered in the Company’s shareholders register maintained by the Securities Depository Center (Edaa) at the end of the second trading day following the eligibility date. In the event of fractional shares, such fractions shall be aggregated into one portfolio for all shareholders, sold at the market price, and the proceeds shall be distributed to the shareholders entitled to the bonus shares, each in proportion to his shareholding, within a period not exceeding 30 days from the date on which the shares due to each shareholder are determined.

Amendment of Article (6) of the Company’s Articles of Association relating to the capital. (Attached)

Amendment of Article (7) of the Company’s Articles of Association relating to the subscription for shares. (Attached) Proxy Form The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right Shareholders registered in Tadawulaty system may vote remotely on the General Assembly meeting’s agenda. Electronic voting will start at 1:00 AM, on Saturday 19/08/1447 AH corresponding to 07/02/2026 AD and will continue until the General Assembly meeting ends. Voting and registration in Tadawulaty system are provided free of charge to all shareholders using the link Details of the electronic voting on the Assembly’s agenda 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 meeting agenda ends when the counting committee completes counting of the votes Method of Communication in Case of Any Enquiries In the event of an inquiry, we hope to contact the Investor Relations Department during office hours from 8:00 am to 4:00 pm through

Phone No.: 0112899155

Or Email: IR@Mawarid.com.sa Additional Information The shareholders registered on Tadawulaty website will be notified with a text message explaining the mechanism of participation in the deliberations of the Ordinary Extraordinary General Assembly meeting. Questions and inquiries of shareholders, before and during the Assembly meeting, can be sent via (IR@Mawarid.com.sa ). Attached Documents  

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.