Saudi Real Estate Co. Invites its Shareholders to attend the Ordinary General Assembly (1st Meeting) Virtually (Online)

Saudi Real Estate Co. Invites its Shareholders to attend the Ordinary General Assembly (1st Meeting) Virtually (Online)

|Element List||Explanation|

|Introduction||Al-Akaria's Board of Directors would like to invite the shareholders to participate and vote in the Ordinary General Assembly (first meeting) that will be held on Wednesday 10/08/1443 corresponding to 13/03/2022 at 6:30 PM virtually (online) due to the prevention measures of Covid-19.|

|City and Location of the General Assembly's Meeting||At the Company’s headquarter - Riyadh, virtually (online)|

|URL for the Meeting Location||https://login.tadawulaty.com.sa/|

|Date of the General Assembly's Meeting||2022-03-13 Corresponding to 1443-08-10|

|Time of the General Assembly's Meeting||18:30|

|Attendance Eligibility||Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre at the end of the trading session preceding the General Assembly have the right to attend the General Assembly’s meeting as per Laws and Regulations.|

|Quorum for Convening the General Assembly's Meeting||The required quorum for holding an ordinary general assembly meeting is the presence of shareholders representing at least%50 of the capital, if the required quorum is not met at this meeting, a second meeting will be held within one hour after the end of the scheduled time for the first meeting. The second meeting shall be valid regardless of the number of shares represented.|

|General Assembly Meeting Agenda|| First: Vote on the amendment of the Audit committee charter (Attached)

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Second: Vote on the Audit Committee formation