Wataniya Insurance Co. — Proxy Solicitation & Information Statement 2026

May 11, 2026

Wataniya Insurance Company’s Invites its shareholders to attend the Ordinary meeting (first meeting and the second after one hour from the first meeting)

8300 · 11/05/2026 08:19:12 · Announcement #95216 · View on Saudi Exchange

Wataniya Insurance Company’s Invites its shareholders to attend the Ordinary meeting (first meeting and the second after one hour from the first meeting)

Element List	Explanation
Introduction	The Board of Directors of t Wataniya Insurance Company invites the esteemed shareholders to attend the Annual Ordinary General Assembly Meeting — the first and second meeting (the second to be held one hour after the first) — which is scheduled to be convened via modern technology means at 07:30 PM on Monday, 16 Dhul Hijjah 1447 AH, corresponding to 02 June 2026, through modern technology means at www.tadawulaty.com.sa, in order to discuss the following agenda:
City and Location of the General Assembly's Meeting	Jeddah- Kingdom of Saudi Arabia- to be convened via modern technology means
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2026-06-02 Corresponding to 1447-12-16
Time of the General Assembly’s Meeting	19:30
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 Ordinary General Assembly Meeting shall be valid if attended by shareholders representing at least one-quarter of the Company's share capital. If the quorum required for the First Meeting is not met, the Second Meeting will be held one hour after the expiry of the period set for the First Meeting, and the Second Meeting shall be valid regardless of the number of shares represented therein.

Shareholders are entitled to discuss the items listed on the agenda of the Ordinary General Assembly and to direct questions thereon. General Assembly Meeting Agenda 1.Reviewing the Board of Directors' Report for the financial year ended 31 December 2025, and discussing it.

2.Voting on the External Auditor's Report for the financial year ended 31 December 2025, after discussing it.

3.Reviewing the Financial Statements for the financial year ended 31 December 2025.

4.Voting on the appointment of the Company's external auditors from among the candidates, based on the Audit Committee's recommendation, to examine, review, and audit the Financial Statements for the second and third quarters and the annual statements for the financial year 2026, and the first quarter of 2027, and to determine their fees.

5.Voting on the works and contracts concluded between the Company and Ibrahim Al-Jaffali & Brothers Co., in which the Board members Mr. Amin Al-Afifi and Mr. Faisal Sharara have an indirect interest, comprising the renewal of the lease contract of the head office and other expenses. The value of transactions concluded during 2025 amounted to SAR 3,912,657.95, and the contracts contain no preferential terms.

6. Voting on the works and contracts concluded between the Company and Ibrahim Al-Jaffali & Brothers Co., in which the Board members Mr. Amin Al-Afifi and Mr. Faisal Sharara have an indirect interest, comprising insurance renewal premiums. The value of transactions concluded during 2025 amounted to SAR 657,927.35, and the contracts contain no preferential terms.

7. Voting on the works and contracts concluded between the Company and Ibrahim Al-Jaffali & Brothers Co., in which the Board members Mr. Amin Al-Afifi and Mr. Faisal Sharara have an indirect interest, comprising the value of claims paid. The value of transactions concluded during 2025 amounted to SAR 169,874.71, and the contracts contain no preferential terms.

8.Voting on the works and contracts concluded between the Company and Senk Insurance Co., in which the Board member Mr. Faisal Sharara has an indirect interest, comprising the renewal of the Facultative Reinsurance Agreement. The value of transactions concluded during 2025 amounted to SAR 338,484.67, and the contracts contain no preferential terms. (Attached.)

9.Voting on the works and contracts concluded between the Company and Senk Insurance Co., in which the Board member Mr. Faisal Sharara has an indirect interest, comprising claims. The value of transactions concluded during 2025 amounted to SAR 75,000, and the contracts contain no preferential terms. (Attached.)

10.Voting on the works and contracts concluded between the Company and Saudi Cement Company, in which the Board member Mr. Amin Al-Afifi has an indirect interest, comprising insurance renewal premiums. The value of transactions concluded during 2025 amounted to SAR 3,353,128.69, and the contracts contain no preferential terms. (Attached.)

11.Voting on the works and contracts concluded between the Company and Saudi Cement Company, in which the Board member Mr. Amin Al-Afifi has an indirect interest, comprising claims. The value of transactions concluded during 2025 amounted to SAR 819,415.28, and the contracts contain no preferential terms. (Attached.)

12.Voting on the works and contracts concluded between the Company and Hay Group Arabia Saudi Limited (Korn Ferry), in which the Board member Mr. Raed Sater has an indirect interest, comprising the engagement related to salary benchmarking services for 2025. The value of transactions concluded during 2025 amounted to SAR 112,860.00, and the contracts contain no preferential terms. (Attached.)

13.Voting on authorizing the Board of Directors with the powers of the Ordinary General Assembly under the license stated in Paragraph 27 of the Companies Law, for a period of one year from the date of the General Assembly's approval or until the end of the term of the authorized Board, whichever is earlier, in accordance with the conditions set out in the regulatory controls and procedures issued in implementation of the Companies Law for listed joint-stock companies.

14.Voting on the disbursement of an amount of SAR 2,296,028.74 as remuneration for the members of the Board of Directors for the financial year ended 31 December 2025. Proxy Form The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right Shareholders are entitled to discuss the items listed on the agenda of the Ordinary General Assembly and to direct questions thereon. Details of the electronic voting on the Assembly’s agenda Shareholders registered with the Tadawulaty services may vote remotely on the General Assembly's agenda items beginning at 01:00 a.m. on Friday 12 Dhu al-Hijjah 1447 H, corresponding to 29 May 2026, until the end of the General Assembly Meeting on the day it is convened. Registration and voting through Tadawulaty services are available free of charge to all shareholders via the following link: www.tadawulaty.com.sa Method of Communication in Case of Any Enquiries For any inquiries or questions regarding the meeting agenda, please contact the Investor Relations Department:

• Ms. Nada Hashim Al-Malki

• Email: investorsrelations@wataniya.com.sa

• Landline: +966 12 272 9915

• Mobile: +966 50 003 3157

Or in writing to the following address:

Attn: Secretary of the Board of Directors The National Company for Insurance P.O. Box 5832, Jeddah 21432 Attached Documents        

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