Saudi Arabian Refineries Company

Saudi Joint Stock Company

^{}[]

8y

Saudi Arabian Refineries Company (SARCO) invites its shareholders to attend the Ordinary General Assembly meeting (the first meeting) by means of modern technology

The Board of Directors of the Saudi Arabian Refineries Company (SARCO) is pleased to invite the shareholders to participate and vote in the Fifty-first Ordinary General Assembly meeting (the first meeting), which is scheduled to be held, God willing, at exactly seven o'clock in the evening on Tuesday 05/11/1442 AH corresponding to 15/06/2021 At the company's headquarters in Jeddah, by means of modern technology through the Tadawulaty website (www.tadawulaty.com.sa), in the interest of the safety of shareholders and within the support of preventive and precautionary efforts and measures by the competent and relevant health authorities to address the emerging corona virus (COVID- 19), and an extension of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread.

In order to consider the following agenda:

1- Voting on the formation of the Audit Committee, defining its tasks, its work controls, and the remuneration of its members for the new session, starting from the date of the meeting of the General Assembly 15/06/2021 until the end of the session on 30/04/2024, noting that the candidates (whose CVs are attached) are: -

• Mr. Yasser Suliman Al-Aqeel - Board Member - Independent (Chairman of the Committee).
• Mr. Khalid Abdulaziz Al Hoshan - Member from outside the Council - independent.
• Mr. Bassem Adnan Abu Al-Faraj - member from outside the council - independent.

(Curriculum vitae of the candidates are attached).

Each shareholder who is registered in the company's shareholders 'register at the Depository Center has the right to attend the assembly meeting at the end of the trading session that precedes the assembly's meeting according to the rules and regulations. Note that the eligibility to register attendance at the assembly meeting ends at the time of the assembly and the right to vote on the assembly's items for the attendees ends when the committee ends Screening from vote counting. The Ordinary General Assembly meeting is valid if attended by shareholders representing at least a quarter of the capital. If the quorum required for holding this meeting is not available, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting will be valid regardless of the number of shares represented in it.

Note that the shareholders registered in the Tadawulati services will be able to vote remotely on the assembly's items starting at ten o'clock in the morning of Saturday 02/11/1442 AH corresponding to 12/06/2021 until the end of the time of the Ordinary General Assembly. Accordingly, we invite all shareholders of the company to participate and vote on Remotely by visiting the website for my trading: www.tadawulaty.com.sa . and note that registration on the Tadawulaty Services website and voting is available free of charge to all shareholders.

In the event of an inquiry, we hope to contact the Shareholders Relations Department on the phone number 0126517016 or send email to [email protected]