Deyaar Development PJSC — AGM Information 2025

Mar 18, 2025

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Invitation to Attend the Annual General Assembly Meeting of the Shareholders of Deyaar Development PJSC (the “Company”)

The Board of Directors of Deyaar Development PJSC is pleased to invite the shareholders to attend the Annual General Assembly Meeting of the Company which will be held on Wednesday, April 16, 2025, at 11:00AM, electronically/remotely and in person at Millennium Al Barsha, Dubai- Al Barsha-1 to consider the following agenda: General Assembly Agenda:

• 1- Consider and approve the report of the Board of Directors on the Company’s activities and financial position for the fiscal year ending on 31 December 2024.

• 2- Consider and approve the Auditor’s for the year ended 31 December 2024.

• 3- Consider and approve the Company’s balance sheet and profit and loss account for the fiscal year ended 31 December 2024. 4- Consider the Board of Director’s proposal concerning distribution of cash dividends of 5% of the share capital equivalent to 5 fils per share for the year ended 31 December 2024.

• 5- Consider and approve the Board of Directors remuneration proposal for the year ended 31 December 2024.

• 6- Discharge the Board of Director’s from liabilities for the year ended 31 December 2024 or to dismiss them and file liability lawsuit against them, as the case may be. 7- Discharge the External Auditors from liabilities for the year ended 31 December 2024 or to dismiss them and file liability lawsuit against them, as the case may be.

• 8- Appoint the Company’s auditors and determine their fees.

9- Special Resolution: Approval of amending the articles related to the number of members of the Board of Directors in the company’s articles of association so that the composition of the Board of Directors becomes (7) seven members. 10- Election of members of the Board of Directors.

Notes:

E-voting

• An SMS containing the registration and e-voting link with access code will be sent to shareholders by the DFM one day prior to the AGM.

• In the event the individual investors haven’t received the registration and e-voting link, they are kindly requested to send the below information to the following email address financialservices@dfm.ae and upon verifying the following information, the link will be sent:

• -Investor Number (NIN), Investor Name, Investor Mobile Number, Copy of Emirates Id or Passport, Personal selfie photo for the investor

• Once the link for the registration is received, the shareholder needs to complete registration (mark as present) before the AGM starts, prior to 11:00AM on Wednesday, April 16, 2025. Registration to attend the General Assembly meeting remotely will close at the start of the General Assembly meeting and non-registered investors will be unable to attend the meeting remotely.

• Proxy holders need to submit the authorization documents to the company at least 48 hours before the meeting using the following email: financialServices@dfm.ae or ir@deyaar.ae

• E-voting on the resolutions will be opened from the link receipt time until the voting closure time on the resolution during the meeting. The investor has the right to change his vote during this time subject to electronic voting T&Cs.

• Shareholders can watch live video streaming of the AGM meeting through the link sent and submit questions using the same link.

• For any further queries relating to the e-voting, please contact Dubai Financial Market Customer Service on

• 971 4 3055555.

1- A party has the right to attend the assembly and may deputize on his behalf whomever he chooses from the members of the Board of Directors or employees of the Company or the brokerage company or its employees, under a special power of attorney in writing. The attorney for a number of shareholders must not hold in this capacity more than five (5%). percent of the Company’s capital, and ineligible or incapacitated members are represented by their legal representatives. (taking in account the requirements contained in Clauses 1 and 2 of Article No. (40) of the Chairman of the Authority Board of Directors’ Resolution No. (3/Chairman.) of 2020 regarding the adoption of the guide of governance of public joint-stock companies). You can view the disclosure published on the Company’s page on the market’s website regarding the necessary procedures for approving the power of attorney.

2- A corporate person may authorize one of its representatives or those in charge of its management, pursuant to resolution by its board of directors or its representative, to represent it in the Company’s general assembly, and the authorized person shall have the powers stipulated in the authorization decision.

3- The owner of the share registered on Tuesday, April 15, 2025, shall have the right to vote in the General Assembly.

4- The holder of right to the dividends shall be the owner of the share registered on the day of Monday, April 28, 2025, in the event of the first meeting being held, or on Monday, May 5, 2025, in the event of the second meeting being held due to lack of quorum in the first meeting.

5- Shareholders can review the Company’s financial statements, governance report, and sustainability report (integrated report) through the market website www.dfm.ae and the Company’s website www.deyaar.ae

6- The General Assembly convention shall not be valid unless it is attended by shareholders who own or represent by proxy no less than (50%) of the Company’s capital. If this quorum is not attended at the first meeting, the second meeting will be held on April 23, 2025, in the same place and time. (The second meeting shall be held after a period of no less than (5) five days and no more than (15) fifteen days from the date of the first meeting. The adjourned meeting shall be considered valid, regardless of the number of attendees.)

7- Special Resolution: It is the decision issued by a majority vote of shareholders who own at least three-quarters of the shares represented at the general assembly meeting of the joint-stock Company. (This clause is added if there are any issues that require a special resolution.)

1- A party has the right to attend the assembly and may deputize on his behalf whomever he chooses from the members of the Board of Directors or employees of the Company or the brokerage company or its employees, under a special power of attorney in writing. The attorney for a number of shareholders must not hold in this capacity more than five (5%). percent of the Company’s capital, and ineligible or incapacitated members are represented by their legal representatives. (taking in account the requirements contained in Clauses 1 and 2 of Article No. (40) of the Chairman of the Authority Board of Directors’ Resolution No. (3/Chairman.) of 2020 regarding the adoption of the guide of governance of public joint-stock companies). You can view the disclosure published on the Company’s page on the market’s website regarding the necessary procedures for approving the power of attorney.

2- A corporate person may authorize one of its representatives or those in charge of its management, pursuant to resolution by its board of directors or its representative, to represent it in the Company’s general assembly, and the authorized person shall have the powers stipulated in the authorization decision.

3- The owner of the share registered on Tuesday, April 15, 2025, shall have the right to vote in the General Assembly.

4- The holder of right to the dividends shall be the owner of the share registered on the day of Monday, April 28, 2025, in the event of the first meeting being held, or on Monday, May 5, 2025, in the event of the second meeting being held due to lack of quorum in the first meeting.

5- Shareholders can review the Company’s financial statements, governance report, and sustainability report (integrated report) through the market website www.dfm.ae and the Company’s website www.deyaar.ae

6- The General Assembly convention shall not be valid unless it is attended by shareholders who own or represent by proxy no less than (50%) of the Company’s capital. If this quorum is not attended at the first meeting, the second meeting will be held on April 23, 2025, in the same place and time. (The second meeting shall be held after a period of no less than (5) five days and no more than (15) fifteen days from the date of the first meeting. The adjourned meeting shall be considered valid, regardless of the number of attendees.)

7- Special Resolution: It is the decision issued by a majority vote of shareholders who own at least three-quarters of the shares represented at the general assembly meeting of the joint-stock Company. (This clause is added if there are any issues that require a special resolution.)

link:https://www.sca.gov.ae/en/regulations/minority-investor-protection.aspx