Thimar Development Holding Co. — Proxy Solicitation & Information Statement 2026

Apr 21, 2026

The Board of Directors of Thimar Development Holding Company invites the shareholders to attend the Ordinary General Assembly Meeting (First Meeting), in person and via modern technology means.

4160 · 21/04/2026 16:08:44 · Announcement #94573 · View on Saudi Exchange

The Board of Directors of Thimar Development Holding Company invites the shareholders to attend the Ordinary General Assembly Meeting (First Meeting), in person and via modern technology means.

Element List	Explanation
Introduction	The Board of Directors of Thimar Development Holding Company is pleased to invite the esteemed shareholders to participate and vote in the First Meeting of the Ordinary General Assembly, scheduled to be held at 6:45 PM on Tuesday, 12-05-2026, in person and via modern technology means.

The meeting will take place in Riyadh – Al-Shuhada District – Mohammed Ali Jinnah Road – Building No 3808, First Floor, as well as through electronic participation using the Tadawulaty system City and Location of the General Assembly's Meeting The Company’s headquarters in Riyadh – Al-Shuhada District – Mohammed Ali Jinnah Road – Building No. 3808, First Floor, in person and via modern technology means using the Tadawulaty system

Company location https://maps.app.goo.gl/juDBkq2F2CCEaxwi7 Hyperlink of the Meeting Location Click Here Date of the General Assembly's Meeting 2026-05-12 Corresponding to 1447-11-25 Time of the General Assembly’s Meeting 18:45 Methodology of Convening the General Assembly’s Meeting Attendance in-person and 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 In accordance with Article (32) of the Company’s Bylaws, this meeting shall be valid if attended by shareholders representing at least one-quarter of the Company’s voting shares. If the required quorum for the first meeting is not met, a second meeting shall be held one hour after the end of the period specified for the first meeting, and the second meeting shall be valid regardless of the number of shares represented therein General Assembly Meeting Agenda 1. To review and discuss the Board of Directors’ report for the financial year ended 31-12-2025.

2. To vote on the Company’s external auditor’s report for the financial year ended 31-12-2025 after discussion.

3. To review and discuss the financial statements for the financial year ended 31-12-2025.

4. To vote on the election of Board members from among the nominees for the upcoming term, commencing on 14-05-2026 and ending on 13-05-2030.

5. To vote on the appointment of the Company’s external auditor from among the nominees, based on the recommendation of the Board of Directors and the Audit Committee, to examine, review, and audit the financial statements for the second, third, and fourth quarters of the fiscal year 2026, and the first quarter of the fiscal year 2027, and to determine their fees.

6. To vote on amending the Company’s Corporate Governance Regulations.

7. To vote on amending the policies, standards, and procedures for Board membership Proxy Form The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right Eligibility to register attendance for the General Assembly meeting ends at the time the meeting convenes. The right of attendees to vote on the agenda items also ends once the vote counting committee has completed the counting of votes Details of the electronic voting on the Assembly’s agenda Shareholders registered on the Tadawulaty services website may vote remotely on the agenda items starting from 1:00 AM on 08-05-2026 until the end of the General Assembly meeting. Accordingly, all shareholders of the Company are invited to participate and vote remotely by visiting the Tadawulaty website

www.tadawulaty.com.sa Method of Communication in Case of Any Enquiries Each shareholder has the right to discuss the agenda items of the General Assembly and direct questions thereon

In case of any inquiries regarding the Assembly’s agenda items, shareholders may contact the Shareholder Relations Department during official working hours from 8:00 AM to 3:00 PM at Tel: 0591616638 or via email at:

thimarshareholders@thimar.com.sa

Company website: http://www.thimar.com.sa/

Company location: https://maps.app.goo.gl/juDBkq2F2CCEaxwi7 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.