Thimar Development Holding Co. — Proxy Solicitation & Information Statement 2025

Sep 17, 2025

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

4160 · 17/09/2025 16:17:06 · Announcement #90223 · View on Saudi Exchange

Thimar Development Holding 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 (thimar Development Holding Company) is pleased to invite distinguished shareholders to participate and vote at the first meeting scheduled to be held at 7.00 pm on Wednesday on 08-10-2025 ad ( by means of modern technical means) using the tadawulaty system
City and Location of the Extraordinary General Assembly's Meeting	Through modern technology from the company's headquarters in Riyadh, using the Tadawulaty system
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2025-10-08 Corresponding to 1447-04-16
Time of the General Assembly’s Meeting	19:00
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	According to Article (30) of the company's articles of association, this meeting shall be valid in the presence of those representing half of the company's shares that have at least voting rights, and in case the quorum required to hold the first meeting is not completed, the second meeting will be held one hour after the expiration of the period specified for holding the first meeting, and the second meeting shall be valid in the presence of those representing a quarter of the company's shares that have at least voting rights
Meeting Agenda	Voting on the recommendation of the board of directors to increase the company's capital by offering priority rights shares in accordance with the following: Percentage of capital increase: 300 % The reason for the capital increase: the implementation of the financial regulation plan to ensure the continuity and growth of the company Ways to increase the capital: by offering priority rights shares in the number of 19,500,000 ordinary shares worth SAR 195,000,000 with a share value of SAR (10) Rate of increase per share: three shares per common share The total amount of the increase is (195,000,000) SAR - Amendment of Article (7) of the company's bylaws, related to (capital). (Attached) - Amendment of Article (8) of the company's bylaws, related to (subscription in shares). (Attached) Eligibility date: if this item is approved, the eligibility will be for shareholders owning shares at the end of the day of the Extraordinary General Assembly registered in the company's shareholders register with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the date of the Extraordinary General Assembly.
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	The eligibility to register attendance for the Association meeting expires at the time of the Association meeting. The right to vote on the items of the Assembly for those present expires when the counting committee finishes counting the votes, and the shareholder has the right to discuss the topics on the agenda of the assembly and ask questions.
Details of the electronic voting on the Assembly’s agenda	Shareholders registered on the tadawulaty Services website can vote remotely on the items of the assembly starting from one o'clock in the morning from the date of 04/10/2025 until the end of the assembly time, and therefore we invite all shareholders of the company to participate and vote remotely by visiting the tadawulaty website: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries	In case of any inquiry on the items of the association, shareholders can contact the shareholders relations department during the official working hours from 8: 00 AM to 3: 00 pm by phone 0591616638 or e-mail : thimarshareholders@thimar.com.sa Company address : http://www.thimar.com.sa/
Additional Information	The company notes that the shareholders ' circular regarding the capital increase is attached in this announcement
Attached Documents

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