| Introduction | The Board of Directors of Rasan Information Technology Company is pleased to invite the shareholders to participate and vote in the Ordinary General Assembly meeting of the company (The first meeting and the second meeting will be held one hour after the first), which is scheduled to be held through modern technology means at 18:45 PM in the evening of Wednesday 22 Dhu Alhijah 1446H corresponding to 18 June 2025. |
| City and Location of the General Assembly's Meeting | The company's Head Office located in Riyadh - Qurtuba District, Al-Thumama Road.
Through modern technology means using Tadawulaty portal. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-06-18 Corresponding to 1446-12-22 |
| Time of the General Assembly’s Meeting | 18:45 |
| 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 | As per Article (38) of the Company Articles of Association, the quorum for holding the Ordinary General Assembly meeting is the presence of shareholders representing at least (25%) of the share capital.
If such quorum is not met, a second meeting shall be held within an hour following the time set for the first meeting, and the second meeting will be valid whatever the number of shares represented in it. |
| General Assembly Meeting Agenda | Item (1) Viewing and discussing the Board of Directors report for the fiscal year ending on 31 December 2024 (attached).
Item (2) Viewing and discussing the Financial Statements for the fiscal year ending on 31 December 2024 (attached).
Item (3) Voting on the report of the Company’s auditor for the financial year ending on 31 December 2024 after discussing it (attached).
Item (4) Voting on the discharge of the Board of Directors members liabilities for the fiscal year ended on 31 December 2024.
Item (5) Voting on the Board of Directors’ decision to appoint Mr. Turki bin Salman Al-Sudairy as an independent member of the Board of Directors, starting from the date of his appointment on 27 April 2025, to complete the current Board term, succeeding the former member, Mr. Mohammed bin Muhaidib Al-Muhaidib (CV attached). |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | 10) { isAtTop = false; } else if (!isAtTop && currentScroll <= 10) { isAtTop = true; } if (isAtTop !== wasAtTop && header && isHomePage()) { header.classList.toggle("is-light-bg", !isAtTop); } } if (mobileMenuBtn) { mobileMenuBtn.addEventListener("click", function () { header.classList.toggle("open-menu"); const menuLines = mobileMenuBtn.querySelectorAll(".mobile-menu-line"); menuLines.forEach((line, index) => { if (header.classList.contains("open-menu")) { if (index === 0) { line.style.transform = "rotate(45deg) translate(5px, 5px)"; } else if (index === 1) { line.style.opacity = "0"; } else if (index === 2) { line.style.transform = "rotate(-45deg) translate(7px, -6px)"; } } else { line.style.transform = "none"; line.style.opacity = "1"; } }); }); } window.addEventListener("scroll", throttle(handleScroll, 16), { passive: true }); });
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