ACWA Power Company invites its shareholders to attend the Extraordinary General Assembly Meeting which includes the Capital Increase (First Meeting) by Means of Modern Technology.
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of ACWA Power Company is pleased to invite the honorable shareholders to participate and vote in the first extraordinary general assembly meeting which includes the Capital Increase through Right Issue, scheduled to be held via modern technology means, at 18:30 on Monday 30 June 2025 AD corresponding to 5 Muharram 1447 AH. |
| City and Location of the Extraordinary General Assembly's Meeting | Virtual Meeting – Company Headquarters – Riyadh |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-06-30 Corresponding to 1447-01-05 |
| 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 | In accordance with Article (38) of the Company’s Bylaws, the first meeting of the Extraordinary General Assembly shall be valid if attended by shareholders representing at least 50% of the Company’s capital. If quorum is not met at this meeting, then a second meeting will be held within one hour of the scheduled time of the first meeting. The second meeting shall be valid If it is attended by a number of shareholders representing at least quarter of the capital. |
| Meeting Agenda | Attached |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders are entitled to discuss the agenda items of the General Assembly meeting and raise relevant questions to the Board members, noting that the voting is available for free for all Shareholders via: http://tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders can vote remotely at the Extraordinary General Assembly Meeting agenda via the free E-voting services on Tadawul website (https://login.tadawulaty.com.sa/), starting from Saturday 3 Muharram 1447 pursuant to 28 June 2025 01:00 A.M, and the E-voting will end once the Extraordinary General Assembly Meeting concludes. |
| Method of Communication in Case of Any Enquiries | If there are any enquiries, please contact the Company’s Investors Relation at: Tel: 0538506754 E-mail: ir@acwapower.com |
| Attached Documents | |
Attachments
251_24272_2362_2025-06-04_00-00-31_en.pdf690_24272_2362_2025-06-04_00-04-31_en.pdf
116_24272_2362_2025-06-04_00-04-34_en.pdf
970_24272_2362_2025-06-04_00-04-43_en.pdf
