Southern Province Cement Co. announces to Invites its Shareholders to Attend the Extraordinary General Assembly Meeting (First Meeting) through modern technical mean

Element List	Explanation
Introduction	The Board of Directors of the Southern Province Cement Company is pleased to invite the shareholders to participate and vote in the Ninth Extraordinary General Assembly meeting scheduled for God Almighty’s will at half past six in the evening on Wednesday 22/12/1446 AH - 18/06/2025 by means of modern technology.
City and Location of the General Assembly's Meeting	Main Center in Abha – Asir region - by means of modern technology www.tadawulaty.com.sa
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	18:30
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	Article (31) of the company’s bylaw stipulates that “The OGM meeting is valid only if it is attended by shareholders representing (50%) of the company's shares that have the voting rights. If the necessary quorum is not available to hold this meeting, the second meeting will be held within thirty days following the date of the first meeting. In all cases, the second meeting is valid regardless of the number of shares represented in it.
General Assembly Meeting Agenda	First - Review and discuss the Board of Directors' report for the fiscal year ended 31/12/2024 Second - Review and discuss the financial statements for the year ended 31/12/2024 Third - Voting on the auditor report on the Company’s accounts for the fiscal year ending on 31/12/2024 after discussing it. Fourth - Voting on the Board of Director’s recommendation to distribute dividends amounting to (0.70) riyals per share to the shareholders for the second half of the fiscal year ending on 31/12/2024, with a percentage of (7%) of the capital and a total amount of (98 million) riyals, Provided that the entitlement to dividends is for shareholders holding the shares by the end of the trading day of the assembly date, and who are registered in the Company's shareholders registry held with Securities Depository Center Company (Edaa) at the end of the second trading day following the entitlement date. and provided that the distribution of dividends begins on 06/01/1447 AH - 01/07/2025. (Attach) Fifth - Voting on appointing auditor for the company from among the candidates based on the audit committee’s recommendation the appointed auditor shall examine, review and audit the second and third quarter and annual financial statements, of the fiscal year 2025 and the first quarter of the fiscal year 2026 and the determination of the auditor's remuneration. Sixth - Voting on delegating the Board of Directors to distribute interim dividends on a biannual / quarterly basis for the fiscal year 2025. Seventh - Voting on the business and contracts that will be concluded Between the Southern province Cement Company and the Saudi Chemical Company Ltd., which is owned by the Saudi Chemical Holding Company in which the board member Eng. Thamer bin Muhammed bin Muqham al-Muhaid, has an indirect interest in his capacity as a Board Member in the group. These businesses and contracts will be from 07/02/2025 until 06/02/2028 automatically renewed for a similar period and annual transaction value in 2024 is estimated at about (12 million) riyals according to the actual quantities transferred and delivered to the buyer according to the prices without preferential terms. (Attach) Eighth - Voting on amending Article No. (3) of the company’s articles of association to include (manufacturing all types of cement, retail and wholesale sale of building materials, wholesale sale of cement, gypsum and the like, sale and export of raw materials and mining materials such as gypsum, sand and clay, export of all types of cement and clinker, operating quarries for all raw materials, operating sand and gravel mines including crushers, exploiting quarries of raw materials, mining and transportation of raw and manufactured materials necessary in the cement industry, processing industrial, agricultural and municipal waste and residues and producing alternative fuel, land transportation of goods, maintenance and operation of residential and commercial buildings and industrial facilities, carrying out all work related directly or indirectly to the previous purposes)
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	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. The attending shareholders have the right to discuss the topics on the agenda and ask questions.
Details of the electronic voting on the Assembly’s agenda	Shareholders registered in the Tadawulati services will be able to vote remotely on the assembly’s items starting at one o’clock in the morning on Saturday 18/12/1446 AH - 14/06/2025 until the end of the meeting time, and registration and voting in my trading services will be available and free for all shareholders using the following link : www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries	In the event of an inquiry, we hope to communicate during official working hours (from 8 am to 3 pm) with shareholder relations at: Phone 0172271500 ext. 158-144 Email sh@spcc.com.sa
Attached Documents