Ordinary

Type

Naqi Water Company invites Its Shareholders to The Ordinary General Assembly Meeting By Means of Modern Technology

Announcement Title

The Board of Directors of Naqi Water Company is pleased to invite the shareholders to the Ordinary General Assembly Meeting, scheduled to be held at 06:30 p.m. on Sunday 8 January 2023 (15 Jumada al-Thani 1444H) virtually through Tadawulaty Platform (https://www.tadawulaty.com.sa)

Introduction

By Means of Modern Technology

City and Location of the General Assembly’s Meeting

https://www.tadawulaty.com.sa

URL for the Meeting Location

15 Jumada al-Thani 1444H corresponding to 8 January 2023

Date of the General Assembly’s Meeting

06:30 PM

Time of the General Assembly’s Meeting

Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre at the end of the trading session preceding the General Assembly’s Meeting as per Laws and Regulations

Attendance Eligibility

Please note that the minimum quorum requirement for the is the presence of shareholders representing 25% of the shareholders.

Quorum for Convening the General Assembly’s Meeting

Voting on the Board of Directors’ recommendation to distribute cash dividends of SAR 20,000,000 for the second and third quarters of 2022. That represents 10% of the book value of the outstanding shares (SAR 1 per share). The eligibility of dividend shall be for the shareholders at the day of the General Assembly meeting, who are registered in the register of The Securities Depository Center Company at the end of the second trading day following the eligibility date. Payment of cash dividends will start on 18 January 2023.

Voting on delegating to the Board of Directors the authorization powers of the General Assembly to approve quarterly and semiannually dividends for the year 2023.

General Assembly Meeting Agenda

Download the Proxy Form

Proxy Form

Please note that the voting on the agenda items of the OGM will be solely electronically through Tadawulaty, which will start on Wednesday, 4 January 2023, 01:00AM. Until the end of the time of the Ordinary General Assembly . The voting time will conclude when the process of vote counting is announced in the OGM.

E-Vote

Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes

Eligibility for Attendance Registration and Voting

For further inquiries, please contact Investor Relations Department:

a.almohaimeed@naqiwater.com

B.O.Box: 608, Unayzah, Qassim

Post Code: 51911

Method of Communication

Additional Info