Retailing and Operation Division

Saudi Automotive Services Company (SASCO) invites its shareholders to attend the ordinary general assembly meeting (first meeting) through modern technology

19 May 2022
Retailing and Operation Division

ELEMENT LIST

EXPLANATION

Introduction

The Board of Directors of Saudi Automotive Services Company (SASCO) is pleased to invite the shareholders to attend the ordinary general assembly meeting (first meeting) scheduled, at 19:00 on Tuesday, June 14, 2022 by using modern technology means (Tadawulaty).

City and Location of the General Assembly's Meeting

Headquarter of the company, located at the intersection of Al-Ahsa Street with Arbaeen Street - Al Zahraa District - in Riyadh, using modern technology means (Tadawulaty).

URL for the Meeting Location

www.tadawulaty.com.sa

Date of the General Assembly's Meeting

2022-06-14 Corresponding to 1443-11-15

Time of the General Assembly's Meeting

19:00

Attendance Eligibility

Each shareholder registered in the Securities Depository Center Company (Edaa) at the end of the trading session preceding the assembly meeting, electronic attendance registration and voting using Tadawulaty according to the rules and regulations.

Quorum for Convening the General Assembly's Meeting

The quorum of holding ordinary general assembly meeting (first meeting) at least 25% of the capital, and in the event that the quorum required to hold the first meeting is not complete, the second meeting will be held an hour after the end of the period specified for the first meeting and the (second meeting) is valid whatever the number of shares represented in it.

General Assembly Meeting Agenda

As attached

Proxy Form

E-Vote

The shareholders can vote remotely on the agenda through the electronic voting service by visiting the website of Tadawulaty www.tadawulaty.com.sa. Note that registration in the service and voting is available free of charge to all shareholders, electronic voting begins at (10:00 a.m.) on Friday, June 10, 2022, until the end of the meeting.

Eligibility for Attendance Registration and Voting

The right to register to attend the assembly meeting will end at the time of the assembly meeting. In addition, the right to vote on the assembly's agenda for those present tell end of the counting committee finishes counting the votes.

Method of Communication

For any inquiries, Shareholders can contact the Investor Relations Department thru phone 011-2068855 ext. 1113 or 1155 email: IR@sasco.com.sa.

Attached Documents