Knowledge Tower Trading Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting) Through modern technology
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Knowledge Tower Trading Co. is pleased to invite the honorable shareholders to participate and vote in the Ordinary General Assembly Meeting (first meeting), which is scheduled to be held via modern technology, God willing, at exactly (19:30) on Monday, 04/07/1447 AH corresponding to 09/29/2025 AD. |
| City and Location of the General Assembly's Meeting | At the company’s branch headquarters in Riyadh (Salah Al-Din Al-Ayyubi Road - Al-Safa District) - using modern technology |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-09-29 Corresponding to 1447-04-07 |
| 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 | The right to attend shall be for shareholders registered in the company’s shareholders’ register at the Depository Center at the end of the trading session preceding the general assembly meeting, in accordance with the rules and regulations. The right to register attendance at the general assembly meeting shall end at the time the general assembly meeting is held, and the right to vote on the general assembly’s items for those present shall end when the counting committee has finished counting the votes. |
| Quorum for Convening the General Assembly's Meeting | According to Article (35) of the company’s articles of association, the ordinary general assembly meeting shall not be valid unless it is attended by shareholders representing at least a quarter of the company’s shares that have voting rights. If this quorum is not available at the first meeting, the second meeting shall be held one hour after the end of the period specified for holding the first meeting. In all cases, the second meeting shall be considered valid regardless of the number of shares that have voting rights represented in it. |
| General Assembly Meeting Agenda | 1- Vote on the company's auditor's report for the fiscal year ending March 31, 2025, after discussing it.
2- Review and discuss the Board of Directors' report for the fiscal year ending March 31, 2025. 3- Review and discuss the company's financial statements for the fiscal year ending March 31, 2025. 4- Vote on discharging the members of the Board of Directors from their liabilities for the fiscal year ending March 31, 2025. 5- Vote on the appointment of an auditor for the company from among the candidates, based on the recommendation of the Audit Committee, to examine, review, and audit the interim financial statements for the first quarter ending June 30, 2025, the second quarter ending September 30, 2025, and the third quarter ending December 31, 2025, as well as the annual financial statements ending March 31, 2026, and determine their fees. 6- Voting on disbursing the sum of (24,383) twenty-four thousand three hundred and eighty-three riyals as remuneration to the members of the Board of Directors for the fiscal year ending March 31, 2025. 7- Voting on authorizing the Board of Directors to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the fiscal year ending March 31, 2026. 8- Voting on authorizing the Board of Directors to exercise the authority of the Ordinary General Assembly to authorize the Board of Directors under paragraph (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of approval by the General Assembly or until the end of the term of the authorized Board of Directors, whichever comes first, in accordance with the conditions stipulated in the Executive Regulations of the Companies Law for listed joint-stock companies. 9- Voting on the Board of Directors’ decision to appoint Mr. Jafnan bin Muhammad bin Majid Al Jafnan Al Dosari as an independent member of the Board of Directors, starting from the date of his appointment on 01/18/2025 AD, to complete the Board’s term until the end of the current term on 09/29/2026 AD. He succeeds the former member, Mr. Mani Salem Ali Al Suqour, an independent member. (CV attached) 10- Voting on the transactions and contracts concluded between the company and Abraj Al-Ma'rifa Education Company, in which the Board Member and CEO (Mr. Majed Mohammed Al-Ammar) has an indirect interest. These transactions are (transactions for the implementation of capital works under construction). These transactions were for the year 2025 AD. These transactions are conducted in the normal course of business, according to prevailing commercial terms, and without any preferential conditions. The value of the transactions during 2025 AD amounted to (2,068,500) riyals (attached). 11- Voting on amending the Audit Committee's bylaws (attached). 12- Voting on the Company's Governance Bylaws (attached). 13- Voting on the Competition Controls and Standards Policy (attached). 14- Voting on the Nominations and Remuneration Committee's bylaws (attached). 15- Voting on the Board Membership Policy, Standards, and Procedures (attached). 16- Voting on the Remuneration Policy and Standards for Members of the Board of Directors, its Subcommittees, and Executive Management (attached). 17- Voting on the Conflict of Interest Policy. Competition (attached) |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Honorable shareholders have the right to discuss the topics included in the agenda of the Ordinary General Assembly and to ask questions. Voting in the Tadawulaty services is available free of charge to all shareholders using the following link: http://www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulaty services can vote electronically remotely on the assembly’s items starting from 1:00 AM on Thursday, 04/03/1447 AH corresponding to 09/25/2025 AD, until the end of the assembly’s meeting time. Registration and voting in Tadawulaty services will be available and free of charge to all shareholders using the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | We are happy to receive your inquiries by contacting Shareholder Relations via the following means of communication:
Phone: 0138445400 Email: [email protected] |
| Attached Documents | |
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