| Item | Explanation |
|---|---|
| Introduction | The Board of Directors of Banan Real Estate Company is pleased to invite the company’s valued shareholders to participate and vote in the Extraordinary General Assembly Meeting (the First Meeting), which is scheduled to be held—God willing—at 07:45 PM on Monday, 28/11/1446H, corresponding to 26/05/2025, through modern technology means. |
| City and Venue of the General Assembly Meeting | Via modern technology means at the company’s headquarters in Riyadh, using the Tadawulaty system. |
| Meeting Link | Click here |
| Date of the General Assembly Meeting | 1446-11-28 corresponding to 2025-05-26 |
| Time of the General Assembly Meeting | 19:45 |
| Method of Holding the General Assembly Meeting | Via modern technology means |
| Attendance Right, Registration Eligibility, and Voting End | The right to attend is for shareholders registered in the issuer’s shareholders register with the Securities Depository Center as of the end of the trading session preceding the general assembly meeting, in accordance with the applicable laws and regulations. A shareholder may appoint a proxy other than members of the company’s board of directors. Attendance registration eligibility ends at the start of the general assembly meeting, and eligibility to vote on the meeting’s agenda items for attendees ends upon completion of vote counting by the Counting Committee. |
| Quorum Required to Convene the Meeting | The legal quorum to convene the company’s Extraordinary General Assembly Meeting is the attendance of shareholders representing at least half of the company’s shares with voting rights. |
| Agenda | Attached. |
| Proxy Form |  |
| Shareholders’ Right to Discuss Agenda Items, Ask Questions, and How to Exercise Voting Rights | Shareholders are entitled to discuss the agenda items of the General Assembly and direct relevant questions regarding the agenda to the Board of Directors’ members, in accordance with the applicable laws and regulations and the attached shareholders’ meeting rules and voting procedures. Please note that voting on the Tadawulaty platform is available free of charge to all shareholders using the following link: http://tadawulaty.com.sa |
| Details of Electronic Voting on the Assembly’s Agenda Items | All shareholders registered in Tadawulaty services will be able to vote remotely on the agenda items starting from 01:00 AM on Thursday, 22/05/2025 (corresponding to 24/11/1446H) until the end of the general assembly meeting time. Registration and voting through Tadawulaty services will be available and free of charge to all shareholders using the following link: https://www.tadawulaty.com.sa |
| Contact Method in Case of Any Inquiries | In case of any inquiries, please contact Shareholder Relations.
Phone: 0114808085, Ext. 112 |
| Attachments | |
