Savola Group — AGM Information 2020

Apr 6, 2020

Savola Group Invites the Shareholders to Attend the Extraordinary General Assembly Meeting No.32 (First Meeting)

2050 · 06/04/2020 13:59:30 · Announcement #58325 · View on Saudi Exchange

Savola Group Invites the Shareholders to Attend the Extraordinary General Assembly Meeting No.32 (First Meeting)

Element List	Explanation
Introduction	The Savola Group Board of Directors is pleased to invite the esteemed shareholders to the Extraordinary General Assembly Meeting EGM No. 32 , which will be held on Wednesday 29 April 2020 corresponding to 6th Ramadan 1441 H (Umm Al Qura Calendar) at 10:30 PM to discuss the attached agenda.

In the context of supporting the preventive and precautionary measures and efforts conducted by relevant authorities to address and contain the new Coronavirus (COVID-19), and with reference to the circular issued by the Capital Market Authority that includes the suspension of conducting General Assembly Meetings by physical attendance until further notice, and instead, conducting these meetings through modern technological means that enables shareholders to participate in its deliberations and vote on its decisions. City and Location of the General Assembly's Meeting At Savola’s Headquarters 7th floor at the following address:

The Headquarters Business Park, Savola Tower – Eastern Tower, Ashati District, Jeddah, Prince Faisal Bin Fahd Road, Jeddah. URL for the Meeting Location https://goo.gl/maps/BGK4TiiHt852 Date of the General Assembly's Meeting 2020-04-29 Corresponding to 1441-09-06 Time of the General Assembly's Meeting 22:30 Attendance Eligibility The Shareholders registered in the Savola Group’s Shareholders Register in the Depository Centre at the end of the trading session preceding the EGM via registration of electronic attendance and e-voting remotely through Tadawulaty system as per the rules and regulations. Quorum for Convening the General Assembly's Meeting The EGM will reach its quorum, if attended by a number of shareholders representing 50% of the share capital of the Company. If such quorum is not present at the first meeting, a second meeting will be held after the lapse of one hour from the preceding meeting. The second meeting will reach its quorum, if attended by a number of shareholders representing 25% of the share capital of the Company. General Assembly Meeting Agenda Attached Proxy Form E-Vote The shareholders who are registered in the Tadawulaty electronic trading services can remotely vote on the items of the EGMs` agenda starting from 2/9/1441H corresponding to 25 April 2020 at 10:00 a.m. until the time of the EGM ended , the registration and voting is free of charge and will be available through electronic voting service at (https://www.tadawulaty.com.sa) Eligibility for Attendance Registration and Voting Eligibility for registering the attendance of the EGM ends at the time, EGM starts. Eligibility for voting on the agenda of the meeting for the attendees ends when the Committee of Vote Counting concludes its task. Method of Communication For more information please contact us through the following:

Direct phone: 012- 2687840 or Fax no.: 012-2687828

Savola Group 2444 Taha Kusaifan-Ashati District

Unit No. 15 , Jeddah 23511-7333

Ashati District, Jeddah, Prince Faisal Bin Fahd Road,

Or through the following email: CGNour@savola.com 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.