Saudi Telecom Company (stc) invites shareholders to attend the Ordinary General Assembly Meeting (First Meeting) by Means of Modern Technology.

Element List	Introduction
Explanation	Saudi Telecom Company –stc- (the company) Board of Directors is honored to invite its shareholders to attend the Ordinary General Assembly's meeting of stc, which will be conducted virtually via Tadawulaty Platform, for the safety of the shareholders of the company and to support the preventive and precautionary efforts and measures exerted by the competent and relevant health authorities to address the emerging Corona virus pandemic (COVID-19),
City and Location of the General Assembly's Meeting
Explanation	stc HQ, Riyadh (Building 41, Northern Gate No.3, Imam Saud Bin Abdul Aziz Road, Al Mursalat district.
URL for the Meeting Location
Explanation	http://tadawulaty.com.sa
Date of the General Assembly's Meeting
Explanation	2021-06-01 Corresponding to 1442-10-20
Time of the General Assembly's Meeting
Explanation	20:00
Attendance Eligibility
Explanation	Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly's Meeting
Explanation	As per Article No. (31) of stc Articles of Association, “a meeting of the Ordinary General Assembly shall be valid only if attended by Shareholders representing at least half (50%) of the share Capital. If such quorum cannot be attained at the first meeting, a second meeting shall be held within an hour following the time set for the first meeting”. In all cases, the second meeting shall be valid regardless of the number of the shares represented therein.
General Assembly Meeting Agenda
Explanation	1. Voting on forming the Audit Committee (AC), Controls and Procedures of its work, and remunerations. Starting 1/6/2021 and until the end of the term on 27/4/2024. The Audit Committee candidates CVs are attached: 1. Mr. Waleed I. Shukri. 2. Mr. Khaled A. AlAnkari. 3. Mr. Medhat F. Tawfik. 4. Dr. Ammr K. Kurdi. 2. Voting on amending the Audit Committee Charter (attached).
Proxy Form
Explanation
E-Vote
Explanation	All shareholders registered in Tadawulaty service will be able to vote electronically on the Ordinary General Assembly’s agenda. Electronic voting will start Friday at 10:00AM on 28/5/2021 and will last until the end of the Ordinary General assembly time. Please note that registration in Tadawulaty service and voting is free of charge for all Shareholders via: http://tadawulaty.com.sa
Eligibility for Attendance Registration and Voting
Explanation	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.
Method of Communication
Explanation	For more inquiries please contact the Shareholders Affairs Section in the General Department of Investor Relations, building No.2, P.O. Box 87912 Riyadh 11652 Tel: 0114521845 - 0114525050 Fax: 0114529655 E-mail: IRU@stc.com.sa
Attached Documents
Explanation

ELEMENT LIST	EXPLANATION
Introduction	Saudi Telecom Company –stc- (the company) Board of Directors is honored to invite its shareholders to attend the Ordinary General Assembly's meeting of stc, which will be conducted virtually via Tadawulaty Platform, for the safety of the shareholders of the company and to support the preventive and precautionary efforts and measures exerted by the competent and relevant health authorities to address the emerging Corona virus pandemic (COVID-19),
City and Location of the General Assembly's Meeting	stc HQ, Riyadh (Building 41, Northern Gate No.3, Imam Saud Bin Abdul Aziz Road, Al Mursalat district.
URL for the Meeting Location	http://tadawulaty.com.sa
Date of the General Assembly's Meeting	2021-06-01 Corresponding to 1442-10-20
Time of the General Assembly's Meeting	20:00
Attendance Eligibility	Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly's Meeting	As per Article No. (31) of stc Articles of Association, “a meeting of the Ordinary General Assembly shall be valid only if attended by Shareholders representing at least half (50%) of the share Capital. If such quorum cannot be attained at the first meeting, a second meeting shall be held within an hour following the time set for the first meeting”. In all cases, the second meeting shall be valid regardless of the number of the shares represented therein.
General Assembly Meeting Agenda	1. Voting on forming the Audit Committee (AC), Controls and Procedures of its work, and remunerations. Starting 1/6/2021 and until the end of the term on 27/4/2024. The Audit Committee candidates CVs are attached: 1. Mr. Waleed I. Shukri. 2. Mr. Khaled A. AlAnkari. 3. Mr. Medhat F. Tawfik. 4. Dr. Ammr K. Kurdi. 2. Voting on amending the Audit Committee Charter (attached).
Proxy Form
E-Vote	All shareholders registered in Tadawulaty service will be able to vote electronically on the Ordinary General Assembly’s agenda. Electronic voting will start Friday at 10:00AM on 28/5/2021 and will last until the end of the Ordinary General assembly time. Please note that registration in Tadawulaty service and voting is free of charge for all Shareholders via: http://tadawulaty.com.sa
Eligibility for Attendance Registration and Voting	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.
Method of Communication	For more inquiries please contact the Shareholders Affairs Section in the General Department of Investor Relations, building No.2, P.O. Box 87912 Riyadh 11652 Tel: 0114521845 - 0114525050 Fax: 0114529655 E-mail: IRU@stc.com.sa
Attached Documents