QCC - Qassim Cement Company Board invites its shareholders to attend the Extraordinary General Assembly 53 meeting (First meeting)

Element List	Explanation
Introduction	The Board of Directors of Qassim Cement Company is pleased to invite the shareholders to attend the Fifty-third Extra Ordinary General Assembly meeting, which decided to be held at 19:30 on Wednesday 23-04-2025 corresponding to 25-10-1446 (H). By using modern technology through the use of Tadawulaty platform.
City and Location of the General Assembly's Meeting	Via modern technology means from the company's headquarters in Buraydah
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2025-04-23 Corresponding to 1446-10-25
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	Pursuant to Article (36) of the company’s bylaws, the Extra-Ordinary General Assembly meeting shall be deemed valid if attended by shareholders representing at least half of the voting shares. If the required quorum is not met, a second meeting shall be held one hour after the end of the period specified for the first meeting, and the second meeting shall be deemed valid if attended by shareholders representing at least a quarter of the voting shares.
General Assembly Meeting Agenda	1) Reviewing and discussing the Board of Directors' report for the fiscal year ending on 31-12-2024. 2) Voting on the auditor's report for the fiscal year ending on 31-12-2024 after discussing it. 3) Reviewing and discussing the consolidated financial statements for the fiscal year ending on 31-12-2024. 4) Voting on appointing the company’s auditor from among the candidates based on the recommendation of the Audit Committee, to examine, review and audit the financial statements for the (second & third) quarters, the annual financial statements of the year 2025 and the first quarter of the year 2026, as well as determining their fees. 5) Voting on absolving the members of the Board of Directors from liability for the year ending 31-12-2024. 6) Voting on disbursing of an amount of (SAR 4,515,342), as remuneration to the members of the Board of Directors for the year ended on 31-12-2024. 7) Voting on authorizing the Board of Directors to declare interim dividends on a quarterly basis for the year 2025. 8) Voting on approving updates to the Audit Committee's charter. (Attached) 9) Voting on retaining treasury shares resulting from the acquisition of Hail Cement Company, totaling (798,353) shares, for a period of (10) years. 10) Voting on establishing an employee stock program and authorizing the Board of Directors to determine its terms, including the allocation price for each share offered to employees if it is for consideration. 11) Authorizing the Board of Directors to use treasury shares, wholly or partially, in exchange transactions for acquiring companies or assets, and/or using them within the employee stock program in case that item (10) is approved.
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Shareholders have the right to discuss the items listed on the agenda of the OGM and to pose questions during the OGM meeting. All shareholders who are registered in Tadawulaty will be able to remotely vote on the OGM’s agenda items.
Details of the electronic voting on the Assembly’s agenda	Shareholders registered on Tadawulaty Services website will be able to vote remotely on the assembly’s agenda through the (e-voting) service, starting from 13:00 on Saterday 19-04-2025 corresponding to 21-10-1446 (H) until the end of the time of the EGM. Note that registration and voting in Tadawulaty services is available free of charge to all shareholders through the following link: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries	For any further inquiries regarding any of the EGM’s agenda items, please contact the Investors Relations Department during working hours on the phone number: 0163165510 or 0163165513, or mobile number 0507867196 or through email on: ga@qcc.com.sa
Attached Documents

Element List

Explanation

Introduction

The Board of Directors of Qassim Cement Company is pleased to invite the shareholders to attend the Fifty-third Extra Ordinary General Assembly meeting, which decided to be held at 19:30 on Wednesday 23-04-2025 corresponding to 25-10-1446 (H). By using modern technology through the use of Tadawulaty platform.

City and Location of the General Assembly's Meeting

Via modern technology means from the company's headquarters in Buraydah

Hyperlink of the Meeting Location

Click Here

Date of the General Assembly's Meeting

2025-04-23 Corresponding to 1446-10-25

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

Pursuant to Article (36) of the company’s bylaws, the Extra-Ordinary General Assembly meeting shall be deemed valid if attended by shareholders representing at least half of the voting shares. If the required quorum is not met, a second meeting shall be held one hour after the end of the period specified for the first meeting, and the second meeting shall be deemed valid if attended by shareholders representing at least a quarter of the voting shares.

General Assembly Meeting Agenda

1) Reviewing and discussing the Board of Directors' report for the fiscal year ending on 31-12-2024.

2) Voting on the auditor's report for the fiscal year ending on 31-12-2024 after discussing it.

3) Reviewing and discussing the consolidated financial statements for the fiscal year ending on 31-12-2024.

4) Voting on appointing the company’s auditor from among the candidates based on the recommendation of the Audit Committee, to examine, review and audit the financial statements for the (second & third) quarters, the annual financial statements of the year 2025 and the first quarter of the year 2026, as well as determining their fees.

5) Voting on absolving the members of the Board of Directors from liability for the year ending 31-12-2024.

6) Voting on disbursing of an amount of (SAR 4,515,342), as remuneration to the members of the Board of Directors for the year ended on 31-12-2024.

7) Voting on authorizing the Board of Directors to declare interim dividends on a quarterly basis for the year 2025.

8) Voting on approving updates to the Audit Committee's charter. (Attached)

9) Voting on retaining treasury shares resulting from the acquisition of Hail Cement Company, totaling (798,353) shares, for a period of (10) years.

10) Voting on establishing an employee stock program and authorizing the Board of Directors to determine its terms, including the allocation price for each share offered to employees if it is for consideration.

11) Authorizing the Board of Directors to use treasury shares, wholly or partially, in exchange transactions for acquiring companies or assets, and/or using them within the employee stock program in case that item (10) is approved.

Proxy Form

The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right

Shareholders have the right to discuss the items listed on the agenda of the OGM and to pose questions during the OGM meeting. All shareholders who are registered in Tadawulaty will be able to remotely vote on the OGM’s agenda items.

Details of the electronic voting on the Assembly’s agenda

Shareholders registered on Tadawulaty Services website will be able to vote remotely on the assembly’s agenda through the (e-voting) service, starting from 13:00 on Saterday 19-04-2025 corresponding to 21-10-1446 (H) until the end of the time of the EGM.

Note that registration and voting in Tadawulaty services is available free of charge to all shareholders through the following link: www.tadawulaty.com.sa

Method of Communication in Case of Any Enquiries

For any further inquiries regarding any of the EGM’s agenda items, please contact the Investors Relations Department during working hours on the phone number: 0163165510 or 0163165513, or mobile number 0507867196 or through email on: ga@qcc.com.sa

Attached Documents

Qassim Cement Co.| Building No: 4266 | Unit Number: 1 | Buraidah: 52271 - 6735 | Kingdom of Saudi Arabia

Phone : (+966) 16 316-5555

Fax : (+966) 16 381-6041

Email : qcc@qcc.com.sa

Qassim Cement Company Board invites its shareholders to attend the Extraordinary General Assembly 53 meeting (First meeting)

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