Thimar Development Holding Co. — Proxy Solicitation & Information Statement 2026

The Board of Directors of Thimar Development Holding Company invites shareholders to attend the Ordinary General Assembly Meeting (First Meeting) in person and via modern technology.

4160 · 15/06/2026 15:55:44 · Announcement #96106 · View on Saudi Exchange

The Board of Directors of Thimar Development Holding Company invites shareholders to attend the Ordinary General Assembly Meeting (First Meeting) in person and via modern technology.

Company Location: https://maps.app.goo.gl/juDBkq2F2CCEaxwi7 Hyperlink of the Meeting Location Click Here Date of the General Assembly's Meeting 2026-07-06 Corresponding to 1448-01-21 Time of the General Assembly’s Meeting 18:30 Methodology of Convening the General Assembly’s Meeting Attendance in-person and 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 According to Article (32) of the company's Articles of Association, this meeting shall be valid with the attendance of those representing at least one-quarter of the company's shares that have voting rights. In the event that the quorum required for holding the first meeting is not met, the second meeting shall be held one hour after the scheduled end time of the first meeting, and the second meeting shall be valid regardless of the number of shares represented therein General Assembly Meeting Agenda 1- Voting on authorizing the Board of Directors to refile liability lawsuits against former Board members and former executive management members for the period from March 6, 2017, to July 3, 2021, regarding any violations committed during their membership or employment with the company, and to take all necessary legal measures in this regard, and to file any subsequent lawsuits regarding any violations they committed during their membership or employment with the company, whether those violations contravene the provisions of the Companies Law, the Capital Market Law and its implementing regulations, and any other relevant applicable laws and regulations, in order to ensure the protection of the rights of the company and its shareholders.

2- Voting on authorizing the Board of Directors to file a lawsuit or other lawsuits related to any violations committed by former members of the Board of Directors and members of the executive management, for the period from January 22, 2014 to May 13, 2026, regarding any violations during their membership or work in the company, and to take all necessary regulatory measures in this regard, and to file any subsequent lawsuits regarding any violations they committed during their membership or work in the company, whether those violations were in violation of the provisions of the Companies Law, or the Capital Market Law and its implementing regulations, and any of the relevant applicable laws and regulations, in a manner that ensures the protection of the rights of the company and its shareholders Proxy Form The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right The right to register attendance at the general assembly meeting ends at the start of the meeting. Similarly, the right to vote on the meeting's agenda items ends when the vote-counting committee completes its work Details of the electronic voting on the Assembly’s agenda Shareholders registered on the Tadawulaty services website can vote remotely on the General Assembly's agenda items starting at 1:00 AM on July 2, 2026, until the end of the General Assembly meeting. Therefore, we invite all company shareholders to participate and vote remotely by visiting the Tadawulaty website: www.tadawulaty.com.sa Method of Communication in Case of Any Enquiries Each shareholder has the right to discuss the topics included in the General Assembly's agenda and to ask questions about them.

If there are any inquiries regarding the agenda items, shareholders can contact the Shareholder Relations Department during official working hours from 8:00 AM to 3:00 PM by phone at 0591616638 or by email at [email protected].

Company Address: http://www.thimar.com.sa/

Company Location: https://maps.app.goo.gl/juDBkq2F2CCEaxwi7 Additional Information NIL

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.