AI Summary
| Element List | Explanation |
|---|---|
| Introduction | The Savola Group Board is pleased to invite the esteemed shareholders to participate and vote in the Extraordinary General Assembly Meeting (EGM) No (37) (First Meeting), which will be held remotely via modern technology means on Thursday, October 30th , 2025, corresponding to 8th Jumada1 1447H (as per Umm Al-Qura Calendar) at 07:30 PM. |
| City and Location of the General Assembly's Meeting | Savola’s Headquarter in Jeddah, Al-Shati District – Savola Tower, and through the electronic voting service (Tadawulaty). |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-10-30 Corresponding to 1447-05-08 |
| 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 | In order for this EGM to be valid, a number of shareholders representing 50% of the Company’s share capital must be present, according to the provision of Article (30) of the Company's bylaws, in the event that this quorum is not available at the first meeting, a second meeting will be held in an hour after the end of the period specified for the first meeting. The second meeting will be valid if attended by number of shareholders representing 25% of the Company’s share capital as per the Company’s bylaws. |
| General Assembly Meeting Agenda | Attached |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders are entitled to discuss items of the agenda of the General Assembly indicated above and raise relevant questions to the Board members, noting that the voting is available for free for all Shareholders via the following link: http://tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | The shareholders, who are registered in the Tadawulaty electronic trading services, can remotely vote on the items of the General Assembly Meeting agenda starting from Sunday, 26 /10/ 2025 corresponding to 4/5/1447 (as per Um Al-Qura Calendar) at 01:00 a.m. until the end of the EGM. The registration and voting are free of charge and will be available through the electronic voting service following the below link: (https://www.tadawulaty.com.sa) |
| Method of Communication in Case of Any Enquiries | For more information, please contact us through the following:
Direct phone No.: 012- 2687797 or Fax No.: 012-2687890 Savola Group, 2444 Taha Kusaifan-Ashati District Unit No. 15, Jeddah 23511-7333 Or by the following email: CGNour@savola.com |
| Additional Information | For more details, the Company has attached the documents pertaining to the agenda items (where applicable) accompanying this announcement for your kind review and information. |
| Attached Documents | |
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