Introduction
The Board of Directors of Zahrat Al-Waha Trading Company is pleased to invite the esteemed shareholders to attend and vote in the Extraordinary General Assembly meeting (the first meeting), which is scheduled to be held via modern technology media using the Tadawulaty system at 19:00 on Tuesday, 18-11-2025, corresponding to 27-05-1447 H.
City and Location of the Extraordinary General Assembly’s Meeting
From the Company’s office in Riyadh, Rabwah District, Al-Ahsa Street, Building No. 7449, Unit No. 1, Via modern technology means, using the Tadawulaty system.
Hyperlink of the Meeting Location
Date of the General Assembly’s Meeting
18-11-2025 Corresponding to 27-05-1447
Time of the General Assembly’s Meeting
19:00
Methodology of Convening the General Assembly’s Meeting
Via modern technology media
Attendance Eligibility, Registration Eligibility, and Voting End
The right to attend shall be for shareholders registered in the issuer’s shareholders’ register at the Depository Center by the end of the trading session preceding the general assembly meeting, according to the rules and regulations. A shareholder may delegate a person selected from among those not members of the company’s board of directors. The right to register to attend the general assembly meeting expires at the time the general assembly meeting is held, and the right to vote on the general assembly’s agenda for those present expires when the vote-counting committee completes the vote count.
Quorum for Convening the General Assembly’s Meeting
The general assembly meeting shall be valid if attended by shareholders representing at least half (50%) of the capital. If the quorum does not match the first meeting, the second meeting shall be held one hour after the end of the period specified for holding the first meeting. In all cases, the second meeting shall be valid if attended by a number of shareholders representing at least a quarter (25%) of the capital.
General Assembly Meeting Agenda
1- Voting to split the company’s shares according to the following:
- Nominal value per share before the amendment: (10) Saudi Riyals
- Nominal value per share after the amendment: (1) Saudi Riyal
- Number of shares before the amendment: (22,500,000) shares
- Number of shares after the amendment: (225,000,000) shares
- There will be no change in the company's capital before and after the stock split
- Effective Date: If the clause is approved, the stock split decision will be effective for all shareholders of the company who own shares on the day of the Extraordinary General Assembly and are registered in the company's shareholders' register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the Extraordinary General Assembly. The effect of the decision will be applied to the share price starting from the business day following the date of the Extraordinary General Assembly, provided that the decision is applied to the number of shares in shareholders' portfolios on the second trading day following the date of the Extraordinary General Assembly at which the stock split was decided.
- Amending Article No. (7) of the Articles of Association relating to the company's capital ( attached ).
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right
Shareholders have the right to discuss the topics on the general assembly’s agenda and direct questions to the board members.
Registration and voting will be available free of charge to all shareholders through the Tadawulaty service at: www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda
Shareholders registered in Tadawulati services will be able to vote electronically remotely on the assembly’s agenda starting from 1:00 AM on Friday,14-11-2025, corresponding to 23-05-1447 AH, until the end of the assembly’s meeting time. Registration and voting will be available in Tadawulati service free of charge for all shareholders via the link: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries
If you have any questions about the assembly’s articles, please contact Shareholder Relations through:
Phone: 920021203 – Ext. 304
Fax: 0112111703
Email: ir@zaoasis.com
Postal address: Postal code 12814 – Additional number 2980 Riyadh
